AECOM's Transportation, Energy Projects Fuel Record Backlog

November 17, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Engineering and design-build firm AECOM (NYSE:ACM) (Los Angeles, California) saw its design-contracted backlog increase 15% in third-quarter 2023 to an all-time high of $21.4 billion, driven by increased investment in infrastructure, sustainability and the energy transition.

Industrial Info is tracking nearly $30 billion worth of active projects across the U.S. and Canada featuring AECOM's services, and more than $60 billion worth globally; in the U.S. and Canada, transportation projects account for more than half of the projected spending, followed by power-generation and mining projects. One of the longest-stalled projects featuring AECOM's efforts might finally see construction begin in first-quarter 2024, thanks in part to a $3.4 billion boost from the Biden administration.