NASA Selects Jacobs for Engineering Services and Science Capability Augmentation

DALLAS--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) was awarded a contract to perform engineering, science and technical services at NASA’s Marshall Space Flight Center in Huntsville, Alabama. The Engineering Services and Science Capability Augmentation (ESSCA) contract has a potential value of $1.12 billion, with a four year base period of performance and two option periods with a duration of two years.

The contract enables Jacobs to continue providing critical science and engineering and technical support for flagship NASA programs including the Space Launch System, International Space Station and numerous space science and technology development projects.

“Jacobs has partnered with MSFC for more than 28 years and we are proud to continue this partnership supporting the development and testing of advance systems, including the Space Launch System,” said Jacobs Advanced Engineering Research and Operations Senior Vice President Ward Johnson. “The Jacobs workforce takes tremendous pride in supporting NASA’s mission of exploration and we are honored to continue our role augmenting MSFC resources and capabilities.”

Jacobs is one of the world’s largest and most diverse providers of full-spectrum technical, professional and construction services for industrial, commercial and government organizations globally. The company employs over 54,000 people and operates in more than 25 countries around the world. For more information, visit www.jacobs.com.

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 Form 10-K for the year ended September 30, 2016, 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.

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Source: Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc.

Salim Rahimi, 214.583.8428