Jacobs Awarded Contract Option at NASA Marshall Space Flight Center
January 05 2016 - 7:45AM
Business Wire
Jacobs Engineering Group Inc. (NYSE:JEC) announced today it was
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, Alabama.
The contract modification is for a one-year option with a
potential value of $127.8 million. The option began October 3, 2015
and extends through September 30, 2016.
Under the terms of the ESSSA contract, Jacobs is providing
science and engineering and technician support 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 Aerospace and Technology
President Terence D. Hagen stated, “We are pleased to have this
opportunity to maintain our longstanding work with NASA Marshall
Space Flight Center. This contract modification enables us to
continue to support its vital role in enabling space exploration
and discovery.”
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 2014 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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Jacobs Engineering Group Inc.Robin Shermer, 817-735-6284
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