Jacobs Wins Logistics Services Contract for Marine Corps Special Operations Command

DALLAS--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) has been awarded a task order by the General Services Administration (GSA) to provide the U.S. Marine Corps Special Operations Command (MARSOC) Raiders with logistics services for its facilities located at Camp Lejeune, NC, and Camp Pendleton, CA. The Marine Raider Regiment provides tailored military combat-skills training and advisor support for identified foreign forces in order to enhance their tactical capabilities. The contract has a potential value in excess of $39 million if all options are exercised.

Under the terms of the contract Jacobs is expected to provide a range of services related to weapons system sustainment, including logistics services in operations, material management, supply administration, warehouse operations and transportation support to include both embarkation and motor transport operations. The contract also includes maintenance support and management of communications-electronics, motor transport, engineering ordnance (weapons and optics), deployable assets and facilities management.

“Jacobs has a long history of providing support for the MARSOC Raiders and this new opportunity is a testament to the hard work and dedication of our people,” said Jacobs Senior Vice President Darren Kraabel. “This award represents an important milestone in our growth strategy to bring new solutions to the weapons system sustainment market.”

Jacobs is one of the world’s largest and most diverse providers of full-spectrum technical, professional and construction services for industrial, commercial and government organizations globally. The company employs over 54,000 people and operates in more than 25 countries around the world. For more information, visit www.jacobs.com.

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 30, 2016, 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170301005178/en/

Source: Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc.



Salim Rahimi, 214.583.8428