Jacobs Awarded $40 Million Contract from US Army Corps of Engineers

DALLAS, April 4, 2019 /PRNewswire/ -- Jacobs (NYSE:JEC) was awarded an Indefinite Delivery/Indefinite Quantity, Single Award Task Order Contract from the U.S. Army Corps of Engineers (USACE) Louisville District for architect and engineer services to renovate the Air Force Materiel Command (AFMC) headquarters buildings at Wright-Patterson Air Force Base in Ohio. 

Maximum ordering limit is estimated at $40 million for five years based on the significant renovation efforts required for more than 780,000 square feet of headquarters space. In addition to incorporating cyber security and sustainable building principles for two facilities originally built in 1942 and 1964, the design will lower operation and maintenance costs providing optimal mission footprints for airmen.

"We recognize this project's visibility and the importance of modernizing AFMC's headquarters work environment," said Jacobs Federal Solutions Senior Vice President and General Manager Pankaj Duggal. "Our team looks forward to incorporating cyber security and sustainable building principles into the design and providing innovative solutions for this phased renovation."

AFMC headquarters staff ensures the command manages its research, development, acquisition, test and logistics services which keep Air Force weapon systems and warfighters ready for combat.

"In partnership with the USACE and Jacobs, we look forward to recapitalizing this complex in accordance with the Air Force's Infrastructure Investment Strategy – 'targeted investments at the right time and in the right place' – to create a world class environment for AFMC to deliver its mission," said 88^th Civil Engineer Group Director David Perkins.

Jacobs leads the global professional services sector delivering solutions for a more connected, sustainable world. With $15 billion in fiscal 2018 revenue and a talent force of more than 80,000, Jacobs provides a full spectrum of services including scientific, technical, professional and construction- and program-management for business, industrial, commercial, government and infrastructure sectors. For more information, visit www.jacobs.com, and connect with Jacobs on LinkedIn, Twitter, Facebook and Instagram.

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 fiscal year ended September 28, 2018, 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