Building Momentum: Aecom Technology
Posted: November 10, 2006 Filed under: Transportation, Washington Leave a comment »WASHINGTON, D.C. – The engineering and construction business counts several of its giants on our list of America’s largest privately held companies. Ninth-ranked Bechtel is the most prominent among them, both in revenue size and notoriety. Leaving aside its role in Boston’s Big Dig trouble, Bechtel recently made headlines for its exit from Iraq, for which it won billions in reconstruction contracts and where it suffered dozens of employees killed.
But while Bechtel gets the spotlight and the biggest sales volume, competitor Aecom Technology is the standout for sales growth. Ranked 82nd on our list for its $3.3. billion in annual sales (for its fiscal year just ended in September), the Los Angeles engineering firm has increased its revenue at an 16% annualized clip over the past five years, more than double the rate of Bechtel’s top-line growth for that time period. The table below shows how Aecom outruns the competition on our private companies list and elsewhere.
