Jacobs Awarded Bridge Contract for Edwards Air Force Base Research Laboratory

PASADENA, Calif.--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) announced today it received a bridge contract from the U.S. Air Force to provide research operations support services (ROSS) for the U.S. Air Force Research Laboratory (AFRL) at Edwards Air Force Base (Edwards) in California.

The bridge contract is for a period of six months and is valued at $9,837,482.

As the incumbent contractor with more than 15 years of experience at Edwards, Jacobs’ more than 100 propulsion and support professionals provide research operations support to the AFRL, including planning, scheduling, management and evaluation of liquid, solid, hybrid, electronic and chemical propulsion system tests.

In making the announcement, Jacobs Senior Vice President Aerospace and Technology Ward Johnson stated, “Jacobs is proud to continue our longstanding support of the AFRL and its mission to lead the discovery, development and integration of affordable technologies for America's aerospace program. We offer a team of experts with experience in utilizing cutting-edge technology in the design, modification, operations and maintenance of rocket and laboratory facilities.”

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 2015 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.

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Source: Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc.



Robin Shermer, 817-735-6284