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Last updated on April 16, 2014 at 21:24 EDT

Jacobs Secures Four-Year Contract with Gatwick Airport

May 8, 2012

PASADENA, Calif., May 8, 2012 /PRNewswire/ — Jacobs Engineering Group Inc. (NYSE:JEC) announced today it was appointed to a four-year framework contract by Gatwick Airport Limited (GAL) in the United Kingdom to provide professional services support to its airport capital projects team in delivering Gatwick’s planned $1.9 billion (1.172 billion pounds Sterling) capital investment program.

Officials did not disclose the contract value.

GAL’s capital investment program – extending to 2014 – is made up of hundreds of projects: some are large scale new infrastructure projects while others may be smaller scale, behind-the-scenes improvements. The contract aims to more effectively manage the capital investment program across a number of panels supporting GAL’s goal to run an efficient airport operation and improve passenger experience, as well as quality of service.

Under the contract, Jacobs may provide a range of services including project management, construction support, cost management and safety advisory services. The announcement follows Jacobs’ selection in 2010 as the only consultant to be appointed to both of GAL’s architectural and civil engineering design frameworks.

Jacobs Group Vice President Bob Irvin stated, “We are proud to continue and further develop our relationship with Gatwick Airport during its significant transformation to become London’s airport of choice for the future. We are focused on supporting Gatwick Airport in delivering this investment safely, sustainably and efficiently.”

Gatwick Airport is the UK’s second largest airport and the busiest single-runway airport in the world. It serves more than 200 destinations (more than any other UK airport) in 90 countries for around 33 million passengers a year on short- and long-haul, point-to-point services. The airport is 28 miles south of London.

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 2011 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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For additional information contact:
Michelle Jones
626.578.6968

SOURCE Jacobs Engineering Group Inc.


Source: PR Newswire