Press Release
Mar 26, 2019
DALLAS, March 26, 2019 /PRNewswire/ -- Jacobs (NYSE: JEC) was awarded the Patriot Excalibur (PEX) contract at the U.S. Air Force Life Cycle Management Center at Hanscom Air Force Base in Bedford, Massachusetts. The contract provides a unit-level software toolset that enables Air Force, Joint Service and Foreign Military unit personnel to conduct accurate and real-time operational tasks and track readiness status, connecting functional areas within a unit.
The Air Force values the contract at $75.8 million for five years and Jacobs will continue to maintain the PEX software, deliver systems engineering services and support training and field implementations for the duration of the contract.
PEX supports both flying and non-flying ground intelligence, surveillance and reconnaissance, and special mission units and Air Force major commands with integration across multi-domain operations. Work will be performed at more than 30 Air Force locations.
"We are committed to delivering PEX with cutting-edge software solutions that are responsive, innovative and sustainable," said Jacobs Aerospace, Technology and Nuclear Senior Vice President Jennifer Richmond. "This significant contract reaffirms our longstanding partnership with the U.S. Air Force as Jacobs continues to invest in innovation that is centered on artificial intelligence, automated design and predictive analytics."
As an agile development, cloud and cyber technology industry leader, Jacobs has supported PEX for the U.S. Air Force since the program's inception in 1998. Our experts will continue to provide tailored, mission-oriented solutions for highly technical, high consequence and critical operational requirements that support critical missions for our military.
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 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.
For press/media inquiries:
Kerrie Sparks
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Brian Morandi
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SOURCE Jacobs