Press Release Apr 18, 2024

Jacobs to Restore NASA Installations Through Environmental Engineering

Support safe, sustainable operations for critical infrastructure

DALLAS, April 18, 2024 /PRNewswire/ -- A Jacobs (NYSE:J) led joint venture (JV) was selected to provide environmental engineering, restoration and compliance services for the National Aeronautics and Space Administration (NASA). As an architect-engineer, Jacobs and JV partner Geosyntec will support safe, sustainable operations for multiple NASA centers, component facilities and other infrastructure assets.

Jacobs will continue to serve NASA as a premier technology-enabled solutions provider focused on addressing its infrastructure, environmental and sustainability needs. Under the five-year, indefinite delivery/indefinite quantity contract, Jacobs will cover technical consultation, contamination detection, sampling, human health and ecological risk assessments, evaluating remedial alternatives, implementing remediation technologies and long-term management of affected environmental media. The project will also support NASA with Environmental Justice and National Environmental Policy Act evaluations, environmental permitting, planning and compliance activities surrounding emerging contaminants, hazardous and solid waste management, emergency spill cleanup and prevention, energy and water management.

"As one of NASA's longest serving solution providers, our team has an intimate knowledge of NASA's unique geographic and environmental considerations needs," said Jacobs Senior Vice President Susannah Kerr. "We tailor environmental restoration and compliance services effectively without impacting critical operations, ensuring NASA's work at the frontier of space and scientific discovery continues to flourish."

Jacobs has provided environmental services for NASA for nearly four decades, including environmental work at Marshall Space Flight Center, Santa Susana Field Laboratory, Michoud Assembly Facility, Armstrong Flight Research Center, Johnson Space Center, Kennedy Space Center, Wallops Flight Facility and Goddard Space Flight Center.

"As a 20+ year consultant to NASA at Kennedy Space Center, Geosyntec is committed to supporting NASA's vision through the success of our JV partnership with Jacobs. We are dedicated to delivering exceptional service and best-value solutions to address NASA's nationwide environmental restoration and compliance challenges," said Geosyntec's Sr. Principal/Vice President and NASA Program Manager Jim Langenbach.

Jacobs' commitment to Climate Response and Data Solutions, combined with its vast experience working with governmental agencies to make their missions successful, sustainable and resilient, has been recognized by Engineering News-Record ranking No. 1 in Chemical & Soil Remediation, Hazardous Waste and Site Assessment and Compliance globally in 2023. The Environmental Business Journal and Climate Change Business Journal have also recognized Jacobs with five awards in 2023 for leadership and outstanding innovation in per- and polyfluoroalkyl substances (PFAS) transformation pathway technologies, data-driven remediation engineering, carbon sequestered nature-based solutions and as a company dedicating more than 50-years to constant innovation towards creating a more connected, sustainable world.

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With approximately $16 billion in annual revenue and a talent force of more than 60,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit and connect with Jacobs on Facebook, InstagramLinkedIn and X.

Certain statements contained in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that do not directly relate to any historical or current fact. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will," "would," "could," "can," "may," and similar words are intended to identify 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 including, but not limited to, our plans to spin off and merge with Amentum our Critical Missions Solutions  business and a portion of our Divergent Solutions business in a proposed transaction that is intended to be tax-free to stockholders for U.S. federal income tax purposes, the timing of the award of projects and funding and potential changes to the amounts provided for under the Infrastructure Investment and Jobs Act and other legislation related to governmental spending, as well as general economic conditions, including inflation and the actions taken by monetary authorities in response to inflation, changes in interest rates and foreign currency exchange rates, changes in capital markets, the possibility of a recession or economic downturn, geopolitical events and conflicts, and the impact of any future pandemic or infectious disease outbreak, including the related reaction of governments on global and regional market conditions, among others. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations in our most recently filed Annual Report on Form 10-K, and Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Item 1 - Legal Proceedings; and Item 1A - Risk Factors in our most recently filed Quarterly Report on Form 10-Q, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.

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