Jacobs Awarded Lean Contract for Network Rail in UK

PASADENA, Calif.--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) announced today it was awarded a contract to provide lean consulting services to Network Rail in the United Kingdom.

Jacobs’ company officials did not disclose the contract value.

Working closely with the Bourton Group, Navitas Project Solutions and Rubicon Wigzell, Jacobs is providing support with lean methodologies and tools.

Jacobs Group Vice President Bob Duff stated, “We look forward to continuing to work collaboratively with Network Rail and our lean suppliers to support this specialist work. We employ some of Britain’s most experienced specialists and industry leaders in all areas of lean deployment, and the collective team brings complementary skills and extensive experience from a broad range of infrastructure sectors including rail, water, nuclear, airports and highways.”

Working closely with Highways England’s Lean Division since 2010 and its supply chain, over that period the collective team has assisted the delivery of in excess of $140 million (£90 million) of cost efficiencies with associated improvements in time, quality and safety.

Jacobs has worked with Network Rail and its predecessors for over four decades in the UK, supporting projects across infrastructure, operations and asset management. Jacobs delivers advice and support throughout the Guide to Rail Investment Process (GRIP), from early feasibility to construction management to operations, on major programs like HS2, Crossrail, East Coast Mainline enhancements, the Western Rail Access to Heathrow scheme, the Channel Tunnel Rail Link (HS1), Blackfriars Station, the Thameslink program (including KO2 and London Bridge station) and Waterloo International Terminal.

Jacobs is one of the world's largest and most diverse providers of technical professional and construction services. Jacobs has operations in 250+ locations across more than 35 countries, and employs approximately 65,000 people.

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 2014 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