Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc.

January 04, 2005 07:45 ET

Jacobs Receives NASA's Johnson Space Center Contract


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: JACOBS ENGINEERING GROUP INC.

NYSE SYMBOL: JEC

JANUARY 4, 2005 - 07:45 ET

Jacobs Receives NASA's Johnson Space Center Contract

TULLAHOMA, Tenn.--(CCNMatthews - Jan 4, 2005) -

Jacobs Engineering Group Inc. (NYSE:JEC) announced today that a
subsidiary company received a contract to provide engineering and
science services to NASA's Johnson Space Center (JSC) in Houston, Texas.

The five-year contract has a total potential value of $1.15 billion and
an effective date of February 1, 2005.

JSC serves as NASA's primary center for design, development, and testing
of spacecraft and associated systems for manned flight; selection and
training of astronauts; and planning and conducting manned missions. JSC
also participates extensively in the medical, engineering, and
scientific experiments carried out aboard space flights.

Under this contract, Jacobs' areas of responsibility include providing
engineering products and services for the International Space Station,
Space Shuttle, and other spacecraft flight programs; design,
development, certification, and production of hardware and software for
NASA programs; operation and maintenance of on-site laboratories and
facilities; curation of astromaterials collections; research of
planetary materials for planetary missions, the Shuttle, and Space
Station programs; research and development for new technology; and
technology transfer and institutional support services.

As the prime contractor, Jacobs is drawing support from five major
subcontractors: Hamilton Sundstrand; ERC, Inc.; Muniz Engineering Inc.;
Barrios Technology; and GeoControl Systems, Inc.

With this contract award, Jacobs continues a productive partnership with
NASA that currently includes support to Langley Research Center,
Marshall Space Flight Center, Stennis Space Center, Kennedy Space
Center, and Ames Research Center.

In making the announcement, Jacobs President Craig Martin stated, "We
are proud of our partnership with NASA and delighted to have this
opportunity to continue our support of their vital programs. We look
forward to playing a role in our nation's return to flight activities
and supporting President Bush's new space exploration vision."

Jacobs, with over 35,000 employees and revenues approaching $5.0
billion, provides technical, professional, and construction services
globally.

Any statements made in this release that are not based on historical
fact are forward-looking statements. Any forward-looking statements made
in this release represent management's best judgement as to what may
occur in the future. However, Jacobs' actual outcome and results are not
guaranteed and are subject to certain risks, uncertainties and
assumptions ("Future Factors"), and may differ materially from what is
expressed. For a description of Future Factors that could cause actual
results to differ materially from such forward-looking statements, see
the discussion under the section "Forward-Looking Statements" included
in Item 7 -- Management's Discussion and Analysis of Financial Condition
and Results of Operations contained in the Company's 2004 Annual Report
on Form 10-K.

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Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Jacobs Engineering Group Inc.
    Rod Sharp, 626-578-6992