Jacobs Secures Contract with Heathrow Airport Limited, UK

PASADENA, Calif.--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it was awarded a contract by Heathrow Airport Limited (HAL) for the role of Program Designer, Airport Resilience, on the airport’s new five year investment plan. The Airport Resilience program is one of four strategic programs which together will deliver a minimum of £2bn (US $3.4 billion) of investment. The program represents one of the largest private-sector investments in UK infrastructure.

Company officials did not disclose the contract value, but noted that the Airport Resilience Program is part of Heathrow’s business plan for 2014-2019.

Under the terms of the contract, Jacobs is managing the scope of capital works planned across the entire Heathrow campus. This includes the development of runways, taxiways, pavements and related terminal airside assets. The goal of the project is to support Heathrow’s operational efficiency targets and better accommodate modern aircraft.

In making the announcement, Jacobs Group Vice President Conor Doyle stated, "We are delighted to further our relationship with Heathrow Airport Limited through this strategic program management role, enabling us to lead and coordinate program design solutions that bring together our long standing experience both airside and landside at Heathrow Airport. We are very proud to contribute to resilience and efficiency improvements for this strategically important international infrastructure asset."

Jacobs has extensive experience providing airport infrastructure services worldwide, and recently won a 2014 National Excellence Award from the American Council of Engineering Companies for its work at O’Hare International Airport in Chicago, where Jacobs and its partners improved the capacity and efficiency of a critical portion of the runway system. The project was delivered ahead of schedule and on budget, representing a nearly $4 billion economic impact to the client.

Jacobs is one of the world's largest and most diverse providers of technical professional and construction services.

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 2013 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 do not undertake to update any forward-looking statements made herein.

Source: Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc.

Michelle Jones, 626-578-6968