Jacobs Awarded Contract Option at NASA Marshall Space Flight Center

PASADENA, Calif.--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it has been awarded a modification to extend the Engineering and Science Services and Skills Augmentation (ESSSA) contract at NASA’s Marshall Space Flight Center (MSFC) in Huntsville, Ala.

The contract modification is for a one-year option with a potential value of $120 million. The option begins September 27, 2014 and extends through October 2, 2015.

Under the terms of the ESSSA contract, Jacobs provides science, engineering, and technician support with a staff of over 750 personnel at MSFC. Major programs supported by Jacobs at MSFC include the Space Launch System, International Space Station, James Webb Space Telescope, and numerous smaller space science and technology development projects.

In making the announcement, Jacobs Group Vice President Ward Johnson stated, “We are delighted to continue this vital relationship with NASA, a core client that is pushing the boundaries of space exploration. This contract modification enables us to maintain our long working relationship with Marshall Space Flight Center and to make important contributions to the next generation of space exploration systems.”

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