AECOM to Lead Track Improvements for England's Busiest Railway Corridors

AECOM has been appointed as an ecosystem delivery partner by VolkerRail for the Southern Renewals Enterprise in England. The project aims to improve track integrity and efficiency for the busiest passenger railway corridors, serving around 700 million passengers annually. AECOM will provide multidisciplinary design services, including topographical surveys, track and electrical track engineering designs, and project and engineering services management. The project is part of Network Rail's £9 billion renewals portfolio for 2024-2034.

AECOM (NYSE: ACM) has been appointed as an ecosystem delivery partner by VolkerRail for the Southern Renewals Enterprise (SRE) in England. The project aims to enhance track integrity and efficiency for the busiest passenger railway corridors, serving approximately 700 million passengers annually. AECOM will provide multidisciplinary design services, including topographical surveys, track and electrical track engineering designs, and project and engineering management services. This initiative is part of Network Rail's £9 billion renewals portfolio planned between 2024 and 2034 [1].

The SRE model, introduced by Network Rail in April 2024, focuses on increased collaboration and long-term planning. This approach is based on the Institution of Civil Engineers' Project 13 principles, emphasizing better outcomes for customers. AECOM's involvement will help realize significant improvements for millions of travelers, leveraging its extensive experience in railway design, maintenance, and delivery [1].

AECOM, a leading multidisciplinary design firm, is committed to delivering efficient and reliable track renewal outcomes. The company's expertise spans various aspects of rail infrastructure, including topographical surveys, track engineering, and electrical track engineering design. By partnering with VolkerRail, AECOM aims to contribute to the nation's rail modernization efforts [2].

Network Rail's Southern Region, which includes three routes—Wessex, Sussex, and Kent—covers approximately 3,300 miles of track, 544 stations, 4,986 bridges, 895 level crossings, and 7,990 signals. The region serves major ports, Gatwick and Southampton airports, and the south coast resorts [1].

AECOM's appointment underscores the company's strong market position and financial health. With a market capitalization of $14.94 billion and a "GOOD" financial health rating according to InvestingPro, AECOM has demonstrated consistent growth and profitability. The company reported a 27.5% stock return over the past year and a return on equity of 28% in fiscal year 2024 [2].

References:
[1] https://aecom.com/press-releases/aecom-selected-to-design-major-track-improvements-for-englands-busiest-passenger-railway-corridors/
[2] https://za.investing.com/news/company-news/aecom-appointed-as-ecosystem-delivery-partner-for-uk-rail-renewals-93CH-3792950