PASADENA, Calif., Nov. 29, 2011 /PRNewswire/ -- Jacobs Engineering
Group Inc. (NYSE:JEC) announced today that it received a follow-on
contract to provide advisory and assistance services for the Air
Armament Center (AAC) at Eglin Air Force Base (AFB), Fla. through
the Technical and Engineering Acquisition Support (TEAS) 6
contract.
The contract contains a ceiling of $662
million. The contract has a total ordering period of 3
years, with task order execution commencing December 11.
Jacobs' support of the Air Force on this program dates back to
its inception in 1986. With a staff of nearly 600 personnel, Jacobs
provides technical expertise to help AAC develop, acquire, test,
deploy and sustain air delivered munitions. The scope of work
includes systems engineering and integration support of virtually
all USAF air-launched weapon systems; test and training range
systems; and numerous air combat support systems.
The Jacobs team includes subcontractors Qualis Corporation and
Bevilacqua Research Corporation (BRC).
In making the announcement, Jacobs President and Chief Executive
Officer Craig Martin stated, "We are
proud to continue our long-standing relationship with the USAF's
Air Armament Center. We look forward to supporting the integrated
research, development, acquisition, test and evaluation activities
necessary to assist AAC in delivering state of the art weapons to
the warfighters."
Jacobs is one of the world's largest and most diverse providers
of technical, professional, and construction services.
Statements made in this release that are not based on historical
fact are forward-looking statements. We base these forward-looking
statements on management's current estimates and expectations as
well as currently available competitive, financial and economic
data. Forward-looking statements, however, are inherently
uncertain. There are a variety of factors that could cause business
results to differ materially from our forward-looking
statements. For a description of some of the factors which may
occur that could cause actual results to differ from our
forward-looking statements please refer to our 2011 Form 10-K, and
in particular the discussions contained under Items 1 - Business,
1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's
Discussion and Analysis of Financial Condition and Results of
Operations. We do not undertake to update any forward-looking
statements made herein.
For additional information contact:
Michelle Jones
626.578.6968
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SOURCE Jacobs Engineering Group Inc.