AECOM Is Going Big, Planning Billions in Acquisitions

Bloomberg reports, “AECOM, the world’s biggest engineering firm, plans to spend billions of dollars on acquisitions amid expectations for growing U.S. funding of road, rail, water and energy projects, Chief Executive Officer Michael Burke said. ‘We’ll look to be the largest infrastructure firm in the world — both construction and design,’ Burke said [on March 6] in an interview at Bloomberg’s Los Angeles bureau. ‘I’ve got to spend $3.5 billion, and we think it’ll be spent on good, solid strategic acquisitions. We will grow organically also.’”