Jacobs Awarded US Department of Defense Missile Defense Agency Contract

DALLAS--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) has been awarded the Integrated Research & Development for Enterprise Solutions (IRES) follow-on contract for the Missile Defense Agency, a research, development and acquisition agency within the Department of Defense. Jacobs will provide integrated solutions to support concurrent test, training and operations within the Missile Defense Integration and Operations Center (MDIOC) mission platform and the execution of the Missile Defense Agency’s enterprise communications and information technology environment. The maximum value of this indefinite delivery, indefinite quantity contract is $4.6 billion over the duration of the five-year base contract and three award- term years. The primary work sites are located in Alabama, Colorado, and Virginia.

“The IRES contract is a major win for Jacobs and represents an opportunity for us to assist the Missile Defense Agency in their very important mission,” said Ward Johnson, Jacobs Senior Vice President, Advanced Engineering and Research Operations. “Jacobs will leverage its diverse experience as an enterprise solutions provider for mission critical operations across the Department of Defense, NASA and the Intelligence Community to ensure the Missile Defense Agency mission is effectively executed. We look forward to strengthening our relationship with the Missile Defense Agency and helping achieve their objectives in development, testing and fielding the United States' ballistic missile defense system to meet the challenges of tomorrow.”

Jacobs is one of the world’s largest and most diverse providers of full-spectrum technical, professional and construction services for industrial, commercial and government organizations globally. The company employs over 54,000 people and operates in more than 25 countries around the world. For more information, visit www.jacobs.com.

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 30, 2016, 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.



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