Jacobs Receives Contract to Support U.S. Army

PASADENA, Calif.--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it was awarded a contract to provide Global Logistics and Support Services (GLASS) to the U.S. Army in Rock Island, Ill.

The award includes a base period of one year plus two one-year option periods. The contract has a maximum order limit of $135 million.

Under the terms of the GLASS contract, Jacobs is providing logistics, planning, analysis, acquisition, and life cycle management support services at Rock Island Arsenal and at other locations worldwide that support ongoing U.S. contingency operations. This contract supports the Army Sustainment Command Logistics Civil Augmentation Program (LOGCAP) as well as the Army Contracting Command–Rock Island LOGCAP and Reachback Division.

In making the announcement, Jacobs Group Vice President Robert Norfleet stated, “We are delighted to continue our support to the U.S. Army and to have the opportunity to partner with them in support of U.S. contingency operations.”

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 2013 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.

Source: Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc.

Michelle Jones, 626.578.6968