American Water Works Company, Inc. (NYSE: AWK), the largest publicly traded U.S. water and wastewater utility company, today announced that its Military Services Group has been awarded a contract for ownership, operation and maintenance of the water and the wastewater systems at Vandenberg Air Force Base, Calif. According to the agreement the award revenue is estimated at approximately $298 million over a 50-year period. The contract will be subject to annual economic price adjustment.

“American Water is extremely pleased to be awarded this contract and we look forward to serving the military community at Vandenberg Air Force Base,” said Susan Story, president and CEO of American Water. “We will now be serving 12 installations across the country and are committed to providing our servicemen and women and their families with reliable, high quality water and wastewater services for the next five decades and beyond.”

American Water's Military Services Group, which is reported as part of American Water’s Market-Based operations segment, also operates and maintains the water and/or wastewater assets at Fort A.P. Hill, Va., Fort Sill, Okla., Fort Leavenworth, Kan., Scott Air Force Base, Ill., Fort Rucker, Ala., Fort Meade, Md., Fort Belvoir, Va., Fort Hood, Texas, Fort Polk, La., Picatinny Arsenal, N.J., and Hill Air Force Base, Utah.

The Military Services Group of American Water provides water and wastewater services to military installations across the country as part of the federal government’s Utilities Privatization Program.

“Our Military Services Group’s growing portfolio clearly demonstrates the Government’s commitment to engage Utility Privatization to obtain long term mission security and resiliency. We remain committed to providing military bases with industry standard water and wastewater services, as well as helping to achieve other efficiencies like reducing energy use. We strive to become an integrated support unit of the Base – the water and sewer department – and to offer solutions that best meet the needs of their mission. We are honored to be chosen to partner with Vandenberg AFB,” said Todd Duerr, president of the Military Services Group.

Vandenberg Air Force Base, located 8 miles north-northwest of Lompoc, Santa Barbara County, Calif., is an Air Force Space Command installation that conducts polar-orbiting space launches and supports research and development tests and launch range operations for the Department of Defense. Vandenberg AFB occupies approximately 99,000 acres, including 15,000 feet of runway. It consists of military family housing (MFH) units and industrial facilities. Approximately 800 facilities exist at the installation, not including MFH units.

Founded in 1886, American Water is the largest and most geographically diverse publicly traded U.S. water and wastewater utility company. With headquarters in Voorhees, N.J., the company employs 6,800 dedicated professionals who provide regulated and market-based drinking water, wastewater and other related services to an estimated 15 million people in 47 states and Ontario, Canada. More information can be found at www.amwater.com.

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