PASADENA, Calif., July 24,
2012 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC)
announced today that it was awarded a contract to provide
engineering and science services and skills augmentation (ESSSA) to
Marshall Space Flight Center (MSFC) in Huntsville, Ala.
The award includes a base period of two years and three one-year
option periods and represents a potential maximum value of
$600 million if all options are
exercised.
Under the terms of the contract Jacobs is providing the
engineers, scientists and technicians necessary to support
Marshall's Engineering Directorate; Science and Technology Office;
Flight Programs and Partnerships Office; as well as future
programs, projects and other offices with similar needs.
In making the announcement, Jacobs Group Vice President
Terry Hagen stated, "We are happy to
continue our more than two decades of support to Marshall Space
Flight Center, and to have the opportunity to partner with our NASA
customer in the development of the next generation of space
exploration technology."
The Jacobs team supporting the ESSSA contract includes eight
major subcontractors – Aerodyne Industries, LLC; All Points
Logistics; Bevilacqua Research Corporation; ERC Incorporated;
Geocent, LLC; Lee & Associates LLC; Qualis Corporation; and
Tuskegee University.
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.
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For additional information contact:
Michelle Jones
626.578.6968
SOURCE Jacobs Engineering Group Inc.