DALLAS, April 11, 2018 /PRNewswire/ -- Jacobs
Engineering Group Inc. (NYSE:JEC) was awarded a contract extension
to the JSC Engineering, Technology and Science (JETS) Contract at
NASA's Johnson Space Center in Houston.
The contract extension is a two-year option with a potential
value of $437.5 million,
bringing the total value of the contract to $1.46 billion. The option begins this May and
extends the period of performance through April 2020.
Under this contract extension Jacobs will continue providing
science and engineering services, digital solutions, and operations
support and products to major NASA programs, including the
International Space Station, Orion and numerous space science and
technology development projects. The contract also provides for
curation and research on astro materials brought to earth from the
moon, other planets and interstellar space.
"We welcome this opportunity to build upon our longstanding
relationship with NASA Johnson Space Center," said Jacobs Advanced
Engineering, Research and Operations Senior Vice President Dr.
Steve Arnette. "This contract
extension enables us to continue supporting a vital role in
enabling space exploration and discovery."
Jacobs leads the global professional services sector delivering
solutions for a more connected, sustainable world. With
$15 billion in fiscal 2017 revenue
when combined with full-year CH2M revenues and a talent force of
more than 74,000, Jacobs provides a full spectrum of services
including scientific, technical, professional and construction- and
program-management for business, industrial, commercial, government
and infrastructure sectors. For more information, visit
www.jacobs.com, and connect with Jacobs on LinkedIn, Twitter,
Facebook and Instagram.
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 Form 10-K for the year ended September 29, 2017, 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.
For press/media inquiries:
Kerrie Sparks
214.583.8433
Brian Morandi
720.286.0719
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SOURCE Jacobs Engineering Group Inc.