PASADENA, Calif., July 29 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a three-year contract from CSX Transportation (CSXT) to provide general engineering services on a task order basis throughout the CSXT system.
Officials did not disclose the contract value.
As a primary consultant to CSXT, Jacobs will provide railroad design engineering and construction engineering and inspection services. The design engineering work will include track, civil, bridge, facilities, electrical, signal, and environmental services that could involve preliminary and detailed design, feasibility studies, cost estimating, and preparation of plan sets and bid documents.
In making the announcement, Jacobs Group Vice President Kevin J. McMahon said, "We are delighted to have been selected by CSX Transportation for this work and we look forward to extending our relationship and helping the company achieve its goals."
Jacobs, with over 55,000 employees and revenues exceeding $10.0 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