American Water Works Company, Inc 8-K, filed Jul 1, 2022
American Water Works Company, Inc. (AWK)
8-K
2022-07-01
For: 2022-06-30
View Original
Added on
April 09, 2026
About this 8-K
American Water Works Company, Inc filed this 8-K on July 1, 2022, reporting on events of June 30, 2022.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 30, 2022
(Exact name of registrant as specified in its charter)
Commission File Number: 001-34028
| (State or other jurisdiction of incorporation) | (IRS Employer Identification No.) | ||||
(Address of principal executive offices, including zip code)
(856 ) 955-4001
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of Each Class | Trading Symbol | Name of Each Exchange on Which Registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR 240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01. Other Events.
On June 30, 2022, the Military Services Group of American Water Works Company, Inc. (the “Company”) was awarded a contract for the ownership, operation, maintenance and replacement of the wastewater utility system assets at Naval Station Mayport in Jacksonville, Florida. The contract is effective July 1, 2022 and its total value is approximately $341 million over a 50-year period, subject to an annual economic price adjustment. The Military Services Group operates and maintains water and/or wastewater systems and related capital programs as part of the U.S. government’s Utilities Privatization Program. This contract represents the 18th installation in the Military Services Group’s footprint and the first contract with respect to a U.S. Navy installation.
A copy of the press release issued by the Company on July 1, 2022 has been filed as Exhibit 99.1 hereto and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
The following exhibits to this Current Report have been provided herewith as noted below:
| Exhibit No. | Description | |||||||
| 99.1* | ||||||||
| 104 | Cover Page Interactive Data File (the cover page XBRL tags are included and formatted as Inline XBRL). | |||||||
| * Filed herewith. | ||||||||
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| AMERICAN WATER WORKS COMPANY, INC. | ||||||||||||||
| Dated: | July 1, 2022 | By: | /s/ JOHN C. GRIFFITH | |||||||||||
| John C. Griffith | ||||||||||||||
| Executive Vice President and Chief Financial Officer | ||||||||||||||
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Exhibit 99.1
American Water Selected for Naval Station Mayport Wastewater Contract
Military Services Group expands footprint to 18 installations
CAMDEN, N.J. – JULY 1, 2022 – American Water (NYSE: AWK), the largest publicly traded U.S. water and wastewater utility company, announced today its Military Services Group has been awarded a contract for ownership, operation, maintenance and replacement of the wastewater utility system assets at Naval Station Mayport (“NS Mayport”) in Jacksonville, Fla.
American Water’s Military Services Group provides water and wastewater services to military installations across the country as part of the federal government’s Utilities Privatization (“UP”) Program. American Water was selected for the NS Mayport wastewater UP contract by the Defense Logistics Agency (“DLA”), which operates as the primary UP contracting agency for the Department of Defense.
“American Water is honored to be awarded our first Navy contract,” said Susan Hardwick, American Water President and CEO. “With the addition of Naval Station Mayport, this expands our water and wastewater footprint across all military branches and continues to demonstrate our leading position as a trusted partner for the Department of Defense. We are proud to provide safe, clean and reliable water and wastewater treatment services for service members, families and civilians at 18 installations.”
NS Mayport is one of three major Navy installations in the Jacksonville area and has grown to become the third-largest fleet concentration area in the U.S. It is home to a daily population of over 32,000 sailors, families, and civilians, and the Navy’s 4th Fleet. The mission of NS Mayport is to sustain and enhance warfighter readiness.
The total contract value awarded is approximately $341 million over a 50-year period and will be subject to an annual economic price adjustment.
About American Water
With a history dating back to 1886, American Water (NYSE: AWK) is the largest and most geographically diverse U.S. publicly traded water and wastewater utility company. The company employs more than 6,400 dedicated professionals who provide regulated and regulated-like drinking water and wastewater services to more than 14 million people in 24 states. American Water provides safe, clean, affordable and reliable water services to our customers to help keep their lives flowing. For more information, visit amwater.com and diversityataw.com. Follow American Water on Twitter, Facebook and LinkedIn.
About Military Services Group
Military Services Group, a subsidiary of American Water, provides water and wastewater services to military installations across the country as part of the federal government’s Utilities Privatization program. Including Naval Station Mayport, Jacksonville, Fla., the Military Services Group will own, operate and maintain water and wastewater assets at 18 military installations: Fort Rucker, Ala.; Vandenberg Space Force Base, Calif.; Scott Air Force Base, Ill.; Fort Leavenworth, Kan.; Fort Polk, La.; Fort Meade, Md.; Fort Leonard Wood, Mo.; Picatinny Arsenal, N.J.; U.S. Army Garrison West Point, N.Y.; Wright-Patterson Air Force Base, Ohio; Fort Sill, Okla.; Fort Hood, Texas; Joint Base San Antonio, Texas; Hill Air Force Base, Utah; Fort A.P. Hill, Va.; Fort Belvoir, Va.; and Joint Base Lewis-McChord, Wash.
AWK-IR
Investor Contact:
Aaron Musgrave
Senior Director, Investor Relations
(856) 955-4029
aaron.musgrave@amwater.com
Media Contact:
Alicia Barbieri
Manager, Corporate Communications
(856) 676-8103
alicia.barbieri@amwater.com
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