Jacobs Receives Contract to Support Air Force Materiel Command
October 16 2012 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it
received a contract from the Air Force Materiel Command (AFMC) in
Valparaiso, Fla.
The three-year contract has an estimated value of $27
million.
Under the terms of the contract, Jacobs is providing software
engineering and sustainment services for the Air Force’s Patriot
Excalibur (PEX) system. PEX is a software that enables warfighter
preparation, tying all the functional areas of a squadron
organization together and seamlessly sharing information and
enhancing situational awareness across operations.
In making the announcement, Jacobs Group Vice President Robert
Norfleet stated, “We are delighted to continue and expand our
relationship with the United States Air Force, and to have the
opportunity support the AFMC in its mission to deliver
expeditionary capabilities to the warfighter.”
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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