Jacobs Secures Multi-Discipline Contract from Naval Facilities Engineering Command Southwest

DALLAS, March 27, 2018 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC), through its joint venture with EwingCole (an integrated firm specializing in architecture, engineering, interior design and planning), was awarded a five-year contract to support the planning, programming, design and construction of various types of military buildings and facilities at military installations located throughout the Naval Facilities Engineering Command's Southwest (NAVFAC SW) Area of Responsibility (AOR). Military project sites will be located in California, Arizona, Nevada, Colorado, New Mexico and Utah. The contract has an estimated value of $99 million.

"Building on our seven-year relationship, Jacobs continues to deliver exceptional service and support to the NAVFAC SW," said Jacobs Buildings and Infrastructure President Bob Pragada. "This project will serve as a true testament to our building design teams' strong track record in executing large programs of this nature for the United States Department of Defense."

Officials have confirmed the program focus will be on large projects under the Military Construction (MILCON) Program and will involve various government facilities including those managed by Navy and U.S. Marine Corps. The joint venture will provide preparation for the design-bid-build construction contract packages, investigate sites, estimate costs, conduct technical reviews, produce planning and programming support documents, coordinate various technical disciplines, and identify and abate methods for existing hazardous materials.

Last year, the joint venture was awarded a contract for general architect engineering services to primarily support the Cadet Barracks Upgrade program at the U.S. Military Academy, West Point, New York.

Jacobs leads the global professional services sector delivering solutions for a more connected, sustainable world. With $15 billion in fiscal 2017 revenue when combined with full-year CH2M revenues and a talent force of more than 74,000, Jacobs provides a full spectrum of services including scientific, technical, professional and construction- and program-management for business, industrial, commercial, government and infrastructure sectors. For more information, visit www.jacobs.com, and connect with Jacobs on LinkedIn, Twitter, Facebook and Instagram.

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 29, 2017, 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.