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Hill International Awarded Multiple-Facility Contract from The Aerospace Corporation

1147 Days ago

PHILADELPHIA, April 05, 2019 (GLOBE NEWSWIRE) -- Hill International (NYSE:HIL), the global leader in managing construction risk, announced today it was selected to provide owner authorized representative (OAR) services for multiple facilities for The Aerospace Corporation (Aerospace). Aerospace is a national nonprofit corporation that operates a federally funded research and development center that supports military, civil, and commercial programs across the space enterprise.

Hill will participate in Aerospace’s projects during project planning, design, construction, commissioning, move-in, and closeout for Aerospace’s campuses in Colorado Springs, CO, and Chantilly, VA. Work at both campuses will occur while adjacent facilities remain operational. The projects support Aerospace’s work in providing technical analyses and assessments for a variety of government, civil, and commercial customers.

In Colorado Springs, the existing building’s first floor will be renovated, while a new, approximately 80,000 SF building will be designed and constructed.

In Chantilly, a new, 10-story, 264,000 SF South Tower is being designed and built. The facility will include office space and light duty/computational laboratories. In addition, the existing parking campus garage will have a three-story, above-grade addition built over the current three levels below grade to provide more than 400 additional parking stalls.

“As a new client, there is nothing more gratifying than being selected by Aerospace to help deliver these two facilities,” said John Skoury, PE, Hill Senior Vice President & Deputy Regional Manager. “In both Colorado and Virginia, the Aerospace Corporation is entrusting Hill to provide on-time, on-budget, and high-quality services for two major initiatives, and we are excited to get those projects underway.”

About Hill International

Hill International, with approximately 2,700 professionals in more than 50 offices worldwide, provides program management, project management, construction management, and other consulting services to clients in a variety of market sectors. Engineering News-Record magazine recently ranked Hill as the eighth-largest construction management firm in the United States. For more information on Hill, please visit our website at www.hillintl.com.

Forward Looking Statements

Certain statements contained herein may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, and it is our intent that any such statements be protected by the safe harbor created thereby. Except for historical information, the matters set forth herein including, but not limited to, any statements of belief or intent, any statements concerning our plans, strategies, and objectives for future operations are forward-looking statements. These forward-looking statements are based on our current expectations, estimates and assumptions and are subject to certain risks and uncertainties. Although we believe that the expectations, estimates, and assumptions reflected in our forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of our forward-looking statements. Important factors that could cause our actual results to differ materially from estimates or projections contained in our forward-looking statements are set forth in the Risk Factors section and elsewhere in the reports we have filed with the Securities and Exchange Commission, including that unfavorable global economic conditions may adversely impact our business, our backlog may not be fully realized as revenue, and our expenses may be higher than anticipated. We do not intend, and undertake no obligation, to update any forward-looking statement.

Hill International, Inc.
Elizabeth J. Zipf, LEED AP BD+C
Senior Vice President
Hill International, Inc.
One Commerce Square
2005 Market Street, 17th Floor
Philadelphia, PA 19103
(215) 309-7707

Hill International, Inc.
Todd Weintraub
Senior Vice President and Chief Financial Officer
(215) 309-7951
John Glenn Grau
(203) 295-7841

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