Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc.

June 28, 2005 07:45 ET

Jacobs Receives BMW Contract

TULLAHOMA, Tenn.--(CCNMatthews - Jun 28, 2005) -

Jacobs Engineering Group Inc. (NYSE:JEC) announced today that a subsidiary company received a contract from BMW to design, construct, and commission a new aerodynamic research and development center. The center's wind tunnels and support buildings will provide BMW with a state-of-the-art facility to develop next-generation vehicles.

Officials did not disclose the contract value.

In making the announcement, Jacobs President Craig Martin stated, "This contract provides an excellent opportunity to advance our support to the international automotive industry. We have worked closely with BMW to fully understand their testing goals and to develop the optimum solution for meeting their needs today and in the future."

Jacobs, with over 35,000 employees and revenues exceeding $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.

Contact Information

  • Jacobs Engineering Group Inc.
    Rod Sharp, 626-578-6992