Amec Foster Wheeler joint venture wins U.S. Air Force contract
Air Force Contract Augmentation Program IV
Amec Foster Wheeler announced today that the Air Force Installation Contracting Agency (AFICA) has awarded its joint venture with Fluor a position on the U.S. Air Force Contract Augmentation Program IV (AFCAP IV) for six years starting 1 October 2015.
As one of eight teams selected for a position on the AFCAP IV indefinite delivery/indefinite quantity (IDIQ) contract, the joint venture (known as Fluor-AMEC II, LLC) is now eligible to bid for work up to a value of US$5 billion across the life of the contract period. AFCAP IV task orders are intended to provide base life support services, engineering, and logistics support worldwide to the Air Force and other Department of Defense and U.S. federal agencies.
We are honoured to be selected for AFCAP IV and look forward to building upon our 20+ years of support for the U.S. Air Force in meeting its demanding global mission. This award is a pivotal part of our strategy to grow and diversify our services.
Established by the U.S. Air Force to fulfill the Department of Defense's global mission during contingency events, AFCAP provides the Air Force and other government agencies with additional capabilities to rapidly support the logistic requirements of its deployed forces through the use of civilian contractors.
Amec Foster Wheeler has served the U.S. Government in a variety of areas including mission support in Iraq and Afghanistan, military construction around the world, as well as a broad range of services in the areas of environment, energy, facilities, logistics, transportation, and contingency operations sites.
Amec Foster Wheeler (www.amecfw.com) designs, delivers and maintains strategic and complex assets for its customers across the global energy and related sectors.
With pro-forma 2014 annualised scope revenues of £5.5 billion and over 40,000 people in more than 50 countries, the company operates across the whole of the oil and gas industry – from production through to refining, processing and distribution of derivative products – and in the mining, clean energy, power generation, pharma, environment and infrastructure markets.
Amec Foster Wheeler shares are publicly traded on the London Stock Exchange and its American Depositary Shares are traded on the New York Stock Exchange. Both trade under the ticker AMFW.
This announcement contains statements which constitute “forward-looking statements”. Forward-looking statements include any statements related to the timing and success of contracts, and are generally identified by words such as “believe,” “expect,” “anticipate,” “intend,” “estimate,” “will,” “may,” “continue,” “should” and other similar expressions. Forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict and generally beyond the control of Amec Foster Wheeler, that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking statements.
Amec Foster Wheeler does not undertake to update any of the forward-looking statements after this date to conform such statements to actual results, to reflect the occurrence of anticipated results or otherwise.