10:41:48 EDT Tue 14 May 2024
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SNC-Lavalin Group Inc
Symbol ATRL
Shares Issued 175,554,252
Close 2024-02-05 C$ 45.71
Market Cap C$ 8,024,584,859
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SNC-Lavalin wins tech programs contract in U.K.

2024-02-06 09:17 ET - News Release

Mr. Ian Edwards reports

ATKINSREALIS AWARDED NATIONAL HIGHWAYS TECHNOLOGY PROGRAMMES CONTRACT IN THE UK

AtkinsRealis (SNC-Lavalin Group Inc.) has been appointed by National Highways to support delivery of its major technology programs, including the United Kingdom's digital roads strategy.

AtkinsRealis will work with National Highways to implement, manage and drive change of digital and technology programs across England's strategic road network. The technology programs strategic resources contract has a value of up to 50 million pounds sterling 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 life cycle and at scale -- connecting people, data and technology," said Ian L. Edwards, president and chief executive officer, AtkinsRealis. "This contract reinforces AtkinsRealis's 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 U.K.'s strategic road network, AtkinsRealis 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, AtkinsRealis. "Our enduring relationship with National Highways has given us a strong understanding of its trajectory and vision for the U.K.'s strategic road network, with digital roads as a key enabler of improved productivity in the U.K. We look forward to helping National Highways deliver the numerous complex technology programs required to convert this ambitious plan into real-world solutions."

"This partnership with AtkinsRealis enables us to move at pace, accessing the right capabilities to deliver digital solutions," said Julia Thorne, National Highways, technology programs director, digital services.

The technology programs strategic resources contract was procured under National Highways' information technology commercial framework (ITCF) and will run for four years until 2027.

AtkinsRealis 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 U.K. to date) and pioneering new ways to maintain bridges (Project Moonshot).

About SNC-Lavalin Group Inc.

Created by the integration of long-standing organizations dating back to 1911, AtkinsRealis is a world-leading professional services and project management company dedicated to engineering a better future for the planet and its people. It creates sustainable solutions that connect people, data and technology to transform the world's infrastructure and energy systems. It deploys global capabilities locally to its clients and delivers unique end-to-end services across the whole life cycle of an asset, including consulting, advisory and environmental services, intelligent networks and cybersecurity, design and engineering, procurement, project and construction management, operations and maintenance, decommissioning, and capital. The breadth and depth of the company's capabilities are delivered to clients in key strategic sectors such as engineering services, nuclear, operations and maintenance, and capital.

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