AECOM Joins $151B SHIELD Program to Boost U.S. Defense Systems

Key Takeaways AECOM selected for $151B SHIELD IDIQ, eligible to compete for defense orders, no work guaranteed.AECOM will provide advisory, design, planning and construction services for defense systems.AECOM backlog hit $25.96B, up 8.7%, with margins at 16.4% and EPS of $1.29, beating estimates.AECOM (ACM) has been offered a position by the U.S. Missile Defense Agency in the SHIELD (Scalable Homeland Innovative Enterprise Layered Defense) program, an indefinite-delivery/indefinite-quantity (IDIQ) contract ...