URS Selected to Provide Technical Support for Submarine Systems

URS Corporation (NYSE: URS) today announced that its EG&G Division has been awarded an indefinite delivery / indefinite quantity contract to provide technical support services to the Information Assurance & Engineering Division of the U.S. Navy’s Space and Naval Warfare Systems Center (SPAWAR). Under terms of the contract, as specific task orders are issued, URS will provide engineering support services for all classes of Navy submarines, including technical support for submarine control, communications, intelligence, weapons, and sonar systems. The contact has a one-year base period, followed by four one-year options periods. The maximum value of the contract to URS is $51 million if all option periods are exercised.

Commenting on the contract award, Randall A. Wotring, President of the EG&G Division, said: “We are proud to have been selected to support the Space and Naval Warfare Systems Center on this project. URS is a leader in providing systems engineering and technical assistance to all branches of the military, and we look forward to continuing to support the Navy on critical assignments such as award we announced today.”

URS Corporation offers a comprehensive range of professional planning and design, systems engineering and technical assistance, program and construction management, and operations and maintenance services for transportation, commercial/industrial, facilities, environmental, water/wastewater, homeland security, installations and logistics, and defense systems. Headquartered in San Francisco, the Company operates in more than 20 countries with approximately 28,900 employees providing engineering and technical services to federal, state and local governmental agencies as well as private clients in the chemical, pharmaceutical, oil and gas, power, manufacturing, mining and forest products industries (www.urscorp.com).