DALLAS, Nov. 21, 2018 /PRNewswire/ -- Jacobs
Engineering Group Inc. (NYSE:JEC) was awarded an extension to the
Center Maintenance, Operations and Engineering contract at NASA's
Langley Research Center in Hampton,
Virginia.
The contract extension is a one-year option and NASA estimates a
potential value of $46 million,
bringing the total current value of the contract to $214 million. The option begins this October and
extends the period of performance through September 2019.
"As NASA's largest services provider, we welcome this
opportunity to build upon our longstanding relationship with NASA
Langley Research Center," said Jacobs Aerospace, Technology,
Environmental and Nuclear Senior Vice President Steve Arnette. "This contract extension enables
us to continue to play a vital role in supporting NASA's
initiatives in aeronautics, space technology, exploration and Earth
science."
Under this contract extension, Jacobs will continue providing
facility-related intelligent asset management and operations and
engineering support services, including design engineering, project
management, construction management, configuration management and
asset management services for research facilities, wind tunnels,
laboratories, test structures and specialty instrumentation.
Jacobs is a provider and integrator of full lifecycle aerospace
capability including design and construction; base, mission and
launch operations; sustaining capital maintenance; and secure and
intelligent asset management, development, modification, and
testing processes for fixed assets supporting national government,
military, defense and NASA, as well as commercial space
companies.
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.
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.