Jacobs Awarded Facilities Operations and Maintenance Services Subcontract for NASA Goddard Space Flight Center

DALLAS, June 13, 2018 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE: JEC), together with Akima Support Operations, LLC, has been awarded the NASA Goddard Space Flight Center contract for Facilities Operations and Maintenance Services (FOMS) III, an 8(a) set-aside acquisition, with Jacobs serving as a strategic contract partner. The contract will support the Facilities Operations and Maintenance Division at NASA Goddard Space Flight Center (GSFC) in Greenbelt, Maryland.

FOMS III is a hybrid cost-plus-fixed-fee/technical-performance-incentive-fee contract, which also includes an indefinite delivery/indefinite quantity component. The total value of the contract is approximately $131.7 million and the period of performance is five years beginning April 2018.

Services will include a range of operations and maintenance activities that will ensure reliable utility services and center infrastructure in support of critical NASA operations. Jacobs will be responsible for maintenance of the central power plant complex and boiler systems, refrigeration plant operations and for development of a reliability centered maintenance program.

"Delivering mission critical solutions in support of NASA programs speaks to our unique capabilities, which will be pivotal to the continued success of GSFC's diverse contributions to the NASA missions of space exploration and scientific discovery," said Jacobs Aerospace, Technology, Environmental and Nuclear Senior Vice President and General Manager Steve Arnette. "This contract creates new opportunities to deploy our award-winning Reliability Centered Maintenance (RCM) capabilities to support another NASA Center with intelligent asset management solutions, utilizing skills we are continuing to develop and deliver as part of our Jacobs Connected Enterprise strategy."

As NASA's largest non-OEM services provider, Jacobs provides a range of research and development, engineering, design-build, operations and maintenance solutions at 11 major NASA locations, including GSFC.

Jacobs leads the global professional services sector delivering solutions for a more connected, sustainable world. With $15 billion in fiscal 2017 revenue when combined with full-year CH2M revenues and a talent force of more than 77,000, 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 year ended September 29, 2017, 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.