Press Release Mar 20, 2019

Jacobs Wins Contract for the U.S. Army Intelligence Center of Excellence

DALLAS, March 20, 2019 /PRNewswire/ -- Jacobs (NYSE:JEC) has been awarded a contract to support the U.S Army Intelligence Center of Excellence (USAICoE) at Fort Huachuca by providing training development and support for the Army and other Department of Defense agencies.

Jacobs will provide education and support for the delivery of intelligence-related military occupational specialties and professional development with modules to include classroom, performance-oriented hands-on/practical exercise and simulation/virtual and/or field exercise training. The Army estimates the contract value at $785 million across seven and half years, if all options are exercised.

"Jacobs has a long history of supporting the U.S. Army, ranging from research and development to test and evaluation, sustainment and support of complex weapons systems, and now to expanding our support to training and military intelligence education," said Jacobs Aerospace, Technology and Nuclear Senior Vice President Jennifer Richmond. "This award constitutes another successful milestone in our strategy to grow our portfolio of solutions to the U.S. Army and U.S. Intelligence Community as we grow our community engagement at Fort Huachuca, which when combined with other recent contract awards supporting the Army's Electronic Proving Ground and the Joint Interoperability Test Center, creates a significant Jacobs presence in the Sierra Vista area and provides synergy for our customers."

Work will primarily be performed at Fort Huachuca in Arizona with additional work at Davis Monthan AFB in Tucson, Arizona; Corry Naval Station in Pensacola, Florida; and Goodfellow AFB in San Angelo, Texas.

Jacobs leads the global professional services sector delivering solutions for a more connected, sustainable world. With $15 billion in fiscal 2018 revenue a talent force of more than 80,000, 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, and connect with Jacobs on LinkedInTwitterFacebook 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 28, 2018, 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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