Jacobs Awarded Contract Option Year by NASA
September 18 2012 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it
has been awarded a third option year for its Facility Operations
Service Contract (FOSC) at NASA’s Stennis Space Center (SSC) in
Hancock County, Miss.
The option year award term is valued at $51.8 million. It is the
third of seven award term periods following the three-year base
period of the contract.
Under the terms of the contract, Jacobs supports NASA and SSC
missions in the areas of administration, facility engineering,
food, mail, fire protection, custodial, multimedia, public affairs
and education. In addition, Jacobs provides facility maintenance
and operations; safety, quality and environmental assurance;
medical and occupational health; and logistics and transportation
services.
In making the announcement, Jacobs Group Vice President Terry
Hagen stated, "We are pleased to continue our work at Stennis Space
Center, providing critical base operations and institutional
services in support of earth science research and space
exploration."
SSC is NASA’s largest rocket propulsion testing ground, serving
NASA, the Department of Defense, and the private sector. Originally
built to test the Saturn V engine that put America on the moon,
today it remains a premier site for testing rocket engines for
future spaceflight programs.
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.
Jacobs Engineering (NYSE:JEC)
Historical Stock Chart
From Jun 2024 to Jul 2024
Jacobs Engineering (NYSE:JEC)
Historical Stock Chart
From Jul 2023 to Jul 2024