Jacobs Secures Contract with Heathrow Airport Limited, UK
June 24 2014 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it
was awarded a contract by Heathrow Airport Limited (HAL) for the
role of Program Designer, Airport Resilience, on the airport’s new
five year investment plan. The Airport Resilience program is one of
four strategic programs which together will deliver a minimum of
£2bn (US $3.4 billion) of investment. The program represents one of
the largest private-sector investments in UK infrastructure.
Company officials did not disclose the contract value, but noted
that the Airport Resilience Program is part of Heathrow’s business
plan for 2014-2019.
Under the terms of the contract, Jacobs is managing the scope of
capital works planned across the entire Heathrow campus. This
includes the development of runways, taxiways, pavements and
related terminal airside assets. The goal of the project is to
support Heathrow’s operational efficiency targets and better
accommodate modern aircraft.
In making the announcement, Jacobs Group Vice President Conor
Doyle stated, "We are delighted to further our relationship with
Heathrow Airport Limited through this strategic program management
role, enabling us to lead and coordinate program design solutions
that bring together our long standing experience both airside and
landside at Heathrow Airport. We are very proud to contribute to
resilience and efficiency improvements for this strategically
important international infrastructure asset."
Jacobs has extensive experience providing airport infrastructure
services worldwide, and recently won a 2014 National Excellence
Award from the American Council of Engineering Companies for its
work at O’Hare International Airport in Chicago, where Jacobs and
its partners improved the capacity and efficiency of a critical
portion of the runway system. The project was delivered ahead of
schedule and on budget, representing a nearly $4 billion economic
impact to the client.
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 2013 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 Group Inc.Michelle Jones, 626-578-6968
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