Jacobs Receives Contract to Support NASA Marshall Space Flight Center
PASADENA, Calif., July 24, 2012 /PRNewswire/ — Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it was awarded a contract to provide engineering and science services and skills augmentation (ESSSA) to Marshall Space Flight Center (MSFC) in Huntsville, Ala.
The award includes a base period of two years and three one-year option periods and represents a potential maximum value of $600 million if all options are exercised.
Under the terms of the contract Jacobs is providing the engineers, scientists and technicians necessary to support Marshall’s Engineering Directorate; Science and Technology Office; Flight Programs and Partnerships Office; as well as future programs, projects and other offices with similar needs.
In making the announcement, Jacobs Group Vice President Terry Hagen stated, “We are happy to continue our more than two decades of support to Marshall Space Flight Center, and to have the opportunity to partner with our NASA customer in the development of the next generation of space exploration technology.”
The Jacobs team supporting the ESSSA contract includes eight major subcontractors – Aerodyne Industries, LLC; All Points Logistics; Bevilacqua Research Corporation; ERC Incorporated; Geocent, LLC; Lee & Associates LLC; Qualis Corporation; and Tuskegee University.
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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SOURCE Jacobs Engineering Group Inc.