AECOM faces cash strain and legal probes amid UK framework expansion

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AECOM disclosed weaker fiscal 2026 second quarter cash generation tied to delayed claim resolutions on older projects, prompting law firm investigations into its financial disclosures and business practices. At the same time, the company secured an expanded role on the UK Government Commercial Agency's US$4.70 billion Construction Professional Services 2 Framework, increasing its participation from five to nine lots across critical infrastructure and defense-related services. The cash flow pressures and related investigations could weigh on sentiment, even as the framework win supports the consulting-led growth narrative.

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