MONTREAL, Feb. 6, 2024
/CNW/ - AtkinsRéalis [SNC-Lavalin Group Inc.] (TSX: ATRL), a
fully integrated professional services and project management
company with offices around the world, has been appointed by
National Highways to support delivery of its major technology
programmes including the UK's Digital Roads Strategy.
AtkinsRéalis will work with National Highways to implement,
manage and drive change of digital and technology programmes
across England's strategic road
network. The Technology Programmes Strategic Resources Contract has
a value of up to £50 million over four years.
"Digital solutions and greater data insight give us the power to
truly transform outcomes when combined with our decades of
engineering experience and global expertise, enabling us to design
solutions that work across the entire project lifecycle and at
scale – connecting people, data and technology," said Ian L. Edwards, President and Chief Executive
Officer, AtkinsRéalis. "This contract reinforces AtkinsRéalis'
position at the cutting edge of delivering complex digital change
across infrastructure, and our ability to deploy
best-in-class digital and technology capabilities."
National Highways is delivering a highly complex and evolving
portfolio of technology projects to achieve its Digital Roads
Strategy, which outlines how road maintenance, upgrades and
operations will be increasingly automated, data-driven and
conducted off-site. Road users will be provided with better journey
information. To future proof the UK's strategic road network,
AtkinsRéalis will draw on its extensive engineering and technology
expertise and experience delivering digital transformation
strategies in multiple markets, including defence and critical
national infrastructure.
"From smart asset management to modular construction,
and automated vehicles to real-time data analytics - emerging
technologies are allowing road infrastructure operators to better
respond to customers' needs, making journeys safer and more
efficient," said Richard Robinson,
President, United Kingdom and
Ireland, AtkinsRéalis. "Our
enduring relationship with National Highways has given us a strong
understanding of its trajectory and vision for the UK's strategic
road network, with Digital Roads as a key enabler of improved
productivity in the UK. We look forward to helping National
Highways deliver the numerous complex technology programmes
required to convert this ambitious plan into real-world
solutions."
"This Partnership with AtkinsRéalis enables us to move at pace,
accessing the right capabilities to deliver digital solutions,"
said Julia Thorne, National
Highways, Technology Programmes Director, Digital Services.
The Technology Programmes Strategic Resources Contract was
procured under National Highways' Information Technology Commercial
Framework (ITCF) and will run for four years until 2027.
AtkinsRéalis has been working with National Highways for
decades, with other notable projects including co-developing the
third road investment strategy (RIS3) for England's strategic road network, designing
the A14 (the largest road project delivered in the UK to
date), and pioneering new ways to maintain bridges (Project
Moonshot).
About AtkinsRéalis
Created by the integration of long-standing organizations
dating back to 1911, AtkinsRéalis is a world-leading professional
services and project management company dedicated to engineering a
better future for our planet and its people. We create sustainable
solutions that connect people, data and technology to transform the
world's infrastructure and energy systems. We deploy global
capabilities locally to our clients and deliver unique end-to-end
services across the whole life cycle of an asset including
consulting, advisory & environmental services, intelligent
networks & cybersecurity, design & engineering,
procurement, project & construction management, operations
& maintenance, decommissioning and capital. The breadth and
depth of our capabilities are delivered to clients in key strategic
sectors such as Engineering Services, Nuclear, Operations &
Maintenance and Capital. News and information are available at
www.atkinsrealis.com or follow us on
LinkedIn.
Forward-Looking Statements
Reference in this press release to the "Company" or
to "SNC-Lavalin" means, as the context may require, SNC-Lavalin
Group Inc. doing business as AtkinsRéalis or all or some of its
subsidiaries or joint arrangements or associates. Statements made
in this press release that describe the Company's or management's
expectations or strategies may be "forward-looking statements",
which can be identified by the use of the conditional or
forward-looking terminology such as "expects", "forecasts",
"intends", "may", "objective", "plans", "projects", "should",
"will", "likely", or the negative thereof or other variations
thereon. Forward-looking statements also include any other
statements that do not refer to historical facts. All such
forward-looking statements are made pursuant to the "safe-harbour"
provisions of applicable Canadian securities laws. The Company
cautions that, by their nature, forward-looking statements involve
risks and uncertainties, and that its actual actions and/or results
could differ materially from those expressed or implied in such
forward-looking statements, or could affect the extent to which a
particular projection materializes. Forward-looking statements are
presented for the purpose of assisting investors and others in
understanding certain key elements of the Company's current
objectives, strategic priorities, expectations and plans, and in
obtaining a better understanding of the Company's business and
anticipated operating environment. Readers are cautioned that such
information may not be appropriate for other purposes.
Forward-looking statements made in this press release are based on
a number of assumptions believed by the Company to be reasonable as
at the date hereof. The assumptions are set out throughout the
Company's 2022 Annual MD&A (particularly in the sections
entitled "Critical Accounting Judgments and Key Sources of
Estimation Uncertainty" and "How We Analyze and Report our
Results") and as updated in the first and second quarters of 2023
MD&A each filed with the securities regulatory authorities
in Canada, available on SEDAR+ and on the Company's website at
under the "Investors" section. If these assumptions are inaccurate,
the Company's actual results could differ materially from those
expressed or implied in such forward looking statements. In
addition, important risk factors could cause the Company's
assumptions and estimates to be inaccurate and actual results or
events to differ materially from those expressed in or implied by
these forward-looking statements. Those risks are identified in the
Company's 2022 Annual MD&A (particularly in the sections
entitled "Risk and Un certainties") and as updated in the first and
second quarters of 2023 MD&A and are not exhaustive. The
forward-looking statements herein reflect the Company's
expectations as at the date of this press release and are subject
to change after this date. The Company does not undertake to update
publicly or to revise any such forward-looking statements whether
as a result of new information, future events or otherwise, unless
required by applicable legislation or regulation.
SOURCE AtkinsRéalis