PASADENA, Calif., Nov. 11 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a task order contract from the Marine Corps Information Systems and Infrastructure Product Group at the Marine Corps Systems Command, Quantico, Va.
This contract has a potential value of $41 million through September 2011. Awarded under the Commercial Enterprise Omnibus Support Services Blanket Purchase Agreement, the contract has one base year and two option years.
Jacobs services will support acquisition management of the U.S. Marine Corps' next generation IT environment via the Navy Next Generation Enterprise Network and the Secure Operational Network Infrastructure Capability. This support includes financial management and planning, program management activities, and technical and programmatic representation in forums related to the delivery of IT services.
In making the announcement, Jacobs President and CEO Craig Martin stated, "This contract provides an excellent opportunity to build upon our long-standing relationship with the Marine Corps. Services we provide under this contract will help to sustain and enhance mission-critical, worldwide access to enterprise information technologies for the Marines."
Jacobs, with over 57,000 employees and revenues exceeding $11.0 billion, provides technical, professional, and construction services globally.
Any statements made in this release that are not based on historical fact are forward-looking statements. Although such statements are based on management's current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in 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 2007 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 also caution the readers of this release that we do not undertake to update any forward-looking statements made herein.
For additional information contact:
Michelle Jones
626.578.6968
SOURCE Jacobs Engineering Group Inc.
Web site: http://www.jacobs.com