DALLAS and LONDON, Sept. 20,
2018 /PRNewswire/ -- Jacobs Engineering Group Inc.
(NYSE:JEC), in partnership with Turner & Townsend, has been
awarded a contract to be the Program Delivery Partner (PDP) for
Defence Equipment and Support (DE&S), part of the United
Kingdom Ministry of Defence (MOD). DE&S manages a vast range of
complex projects to buy and support equipment and services that the
U.K. Armed Forces need to operate effectively.
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"Jacobs has decades of experience providing and integrating full
lifecycle services supporting government, military, defence and
security sectors in the U.K., and worldwide, to run more
efficiently and safely," said Jacobs Senior Vice President
Aerospace, Technology, Environmental and Nuclear International Pete
Lutwyche. "Our global program delivery expertise, coupled with our
extensive defence and non-defence capabilities, positions Jacobs
ideally – along with our partners – to support DE&S' continuing
transformation program and journey to becoming a world-leading,
best-in-class defence delivery organization."
The U.K. businesses of Jacobs and Turner & Townsend, under
the Equinox joint venture, along with TVS Supply Chain Solutions,
will draw on their proven U.K. capability and resource base and
global best practices to assist DE&S with the delivery of
specialist, temporary project management, project controls and
integrated logistics support to improve procurement through
enhanced quality, cost efficiencies and best practice in service
delivery. DE&S estimates the contract value to be up to
$320 million (£250m).
DE&S has responsibility for equipping and supporting the
U.K.'s armed forces. Over the last four years, DE&S has
undergone a major transformation program to become a best-in-class
delivery organization. The award of the PDP contract builds on this
work and, where and when required, will see the provision of
tailored, specialist resources, products and services to support
the project management, project controls and integrated logistics
requirements of DE&S over the next two years, with the option
to extend this an additional two years. It is estimated in excess
of 400 personnel, based predominately in the DE&S headquarters
in Abbey Wood, Bristol, will be required to support the
program.
Vincent Clancy, Turner &
Townsend Chairman and Chief Executive Officer, added: "Being
appointed together with Jacobs provides a further platform to
support this transformation program and strengthens our
relationship with the MOD. This builds upon our appointment
in 2017 by the MOD, as part of the Paragon JV, as DE&S'
Commercial Delivery Partner and in early 2018 as Strategic
Construction Advisor for the Defence Estates Optimisation Program.
Through the Equinox JV, we will draw upon our global program setup
and delivery experience to deliver enhanced program performance
across DE&S."
About Jacobs
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 77,000, 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.
About Turner & Townsend
Turner & Townsend is an independent professional services
company specializing in program management, project management,
cost and commercial management and advisory across the real estate,
infrastructure and natural resources sectors.
With 108 offices in 45 countries, we draw on our extensive
global and industry experience to manage risk while maximizing
value and performance during the construction and operation of our
clients' assets. www.turnerandtownsend.com
About TVS Supply Chain Solutions
TVS Supply Chain Solutions is a global provider of world class,
end-to-end supply chain services with over 100 years of experience
across automotive, defence, beverage and industrial sectors.
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:
Vanessa Mourant
+44.20.8545.0270
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SOURCE Jacobs Engineering Group Inc.