Century City-based engineering and infrastructure giant AECOM continues to parley its purchase five years ago of government services contractor URS Corp. into more government work.
On April 11, AECOM announced its selection by the Navy as one of 19 companies given standing to bid on multiple future contracts for aircraft logistics support and maintenance work worth a cumulative total of $12.6 billion over a maximum of 10 years.
“Given AECOM’s vast experience in supporting the full range of development, operation and maintenance needs of manned and unmanned vehicle operations, we welcome the opportunity to significantly expand our Naval aviation support role,” John Vollmer, president of AECOM’s management services group, said in a statement.
The Naval Air Systems Command’s first quarter announcement of the selection specifically referenced AECOM’s URS federal services unit.
AECOM acquired URS in late 2014. The purchase greatly expanded its capabilities in the defense contracting market, which is worth hundreds of billions of dollars. Since then, AECOM has won dozens of logistics, environmental and other support services contracts with the military, transforming the company into a major defense contractor.
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Parsons’ Military Contract
Parsons Corp., another engineering firm with local roots, is on its own quest to become a major defense contractor.
Earlier this month, a joint venture including Parsons was selected by the Army as one of four teams eligible to bid on contracts worth a cumulative total of $82 billion over 10 years.
Parsons, which for decades had been based in Pasadena, moved its headquarters to Centreville, Va., in February, in part to better service its federal contracting clients, including the Army. Parsons said at the time it was keeping its Pasadena office and existing personnel there.
About 18 months ago, while still based in Pasadena, Parsons formed a joint venture with Falls Church, Va.-based PAE Holding Corp., which specializes in providing logistics and national security services to the U.S. military and other clients. The joint venture was formed specifically to bid on the renewal of a 10-year contract program to provide logistics and other support operations to the Army and its personnel around the world. The Army announced the program renewal would consist of multiple contracts with a cumulative cap of $82 billion over 10 years, making it one of the largest military logistics contracts awarded.
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Edison Asks for Raise
On April 11, Southern California Edison, the electric utility subsidiary of Rosemead-based Edison International, asked the Federal Energy Regulatory Commission to allow SCE a higher rate of return for its transmission infrastructure operations — an effort to offset higher risk of damages from wildfires.
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