Jacobs Awarded Contract Option at NASA Marshall Space Flight Center
September 16 2014 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it
has been awarded a modification to extend the Engineering and
Science Services and Skills Augmentation (ESSSA) contract at NASA’s
Marshall Space Flight Center (MSFC) in Huntsville, Ala.
The contract modification is for a one-year option with a
potential value of $120 million. The option begins September 27,
2014 and extends through October 2, 2015.
Under the terms of the ESSSA contract, Jacobs provides science,
engineering, and technician support with a staff of over 750
personnel at MSFC. Major programs supported by Jacobs at MSFC
include the Space Launch System, International Space Station, James
Webb Space Telescope, and numerous smaller space science and
technology development projects.
In making the announcement, Jacobs Group Vice President Ward
Johnson stated, “We are delighted to continue this vital
relationship with NASA, a core client that is pushing the
boundaries of space exploration. This contract modification enables
us to maintain our long working relationship with Marshall Space
Flight Center and to make important contributions to the next
generation of space exploration systems.”
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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