Jacobs Engineering Group Inc.
NYSE : JEC

Jacobs Engineering Group Inc.

August 23, 2005 07:45 ET

Jacobs Receives Engineering, Science, and Technical Services Contract for NASA's Marshall Space Flight Center

HUNTSVILLE, Ala.--(CCNMatthews - Aug 23, 2005) -

Jacobs Engineering Group Inc. (NYSE:JEC) announced today that a subsidiary company received a contract from NASA to provide engineering, science, and technical services for NASA's Marshall Space Flight Center (MSFC) in Huntsville, Ala.

The contract, with a total maximum value of $500 million, consists of a one-year base period beginning October 15, 2005, and four one-year options.

Jacobs is providing services across a wide range of engineering, technical, science, propulsion, program management, and business disciplines, including support to major NASA programs such as the Space Shuttle and the International Space Station. Through three predecessor contracts, Jacobs has provided continuous support to NASA MSFC since 1989. Jacobs received NASA's 2002 George M. Low Award -- the agency's premier quality and performance award for contractors -- for work at MSFC. The company has also won NASA MSFC's Contractor Excellence Award four times.

The Jacobs team supporting NASA MSFC under the new contract includes seven major subcontractors: All Points Logistics (Gainesville, Ga.); Allied Aerospace Industries, Inc. (Norfolk, Va.); ERC, Inc. (Huntsville, Ala.); Integrated Concepts Research Corporation (Alexandria, Va.); Miltec Corporation (Huntsville, Ala.); Qualis Corporation (Huntsville, Ala.); and Snyder Technical Services (Huntsville, Ala.).

In making the announcement, Jacobs President Craig Martin stated, "As a key provider of spacecraft and vehicle systems and technology for NASA, Marshall Space Flight Center plays a critical role in carrying out our nation's vision for space exploration. We are delighted to continue our support to this important client as they work toward the technological achievements necessary to sustain habitation on the moon and to send human expeditions to Mars and beyond."

This contract award continues Jacobs' long history of support to NASA, including current contracts at six other NASA centers: Langley Research Center, Johnson Space Center, Stennis Space Center, Kennedy Space Center, Glenn Research Center, and Ames Research Center.

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