Jacobs Receives $19.7 Million Contract From the Air Force Research Laboratory for Sensor Exploitation Assessment (SEA)

PASADENA, Calif., March 3, 2009 /PRNewswire-FirstCall via COMTEX/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a task order contract from the Air Force Research Laboratory, Sensors Directorate, Wright-Patterson Air Force Base, Ohio.

Officials estimate the potential value of the contract, which runs through February 2016, at $19.7 million. The contract was awarded under the Sensors Technology Research, Development, Test & Evaluation Open-Ended Broad Agency Announcement (STROEB), "Sensor Exploitation Assessment (SEA)."

Jacobs will support independent, impartial, third-party evaluation of sensor exploitation technologies critical to the Air Force mission. Technical objectives include the design, development, modeling, testing, and implementation of performance assessment methodologies to characterize, analyze, demonstrate and simulate systems, algorithms, and technologies to support sensor exploitation technology development activities.

In making the announcement, Jacobs President and CEO Craig Martin stated, "This contract provides an excellent opportunity for us to build upon our long-standing relationship with the Air Force Research Laboratory. Services we provide under this contract will help to push the state-of-the-art and enhance mission-critical sensor exploitation."

Jacobs, with over 55,000 employees and revenues exceeding $12.0 billion, provides technical, professional, and construction services globally.

Any statements made in this release that are not based on historical fact are forward-looking statements. Although such statements are based on management's current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in 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 2008 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 also caution the readers of this release that we do not undertake to update any forward-looking statements made herein.

For additional information contact:
Michelle Jones
626.578.6968

SOURCE Jacobs Engineering Group Inc.

http://www.jacobs.com