PASADENA, Calif.--(BUSINESS WIRE)--
Jacobs
Engineering Group Inc. (NYSE:JEC) announced today it received a
contract from the U.S. Army to provide test support services to the
Aberdeen Test Center (ATC) at Aberdeen Proving Ground, Maryland. Jacobs
has supported ATC since 2001 through two predecessor contracts and one
bridge contract.
The total maximum cost of the five-year indefinite delivery/indefinite
quantity (ID/IQ) contract is $436 million. Jacobs’ role is to provide
mission test support services to ATC, one of the Department of Defense’s
premier test and training ranges supporting both military and commercial
materiel developers, by testing a broad spectrum of equipment throughout
the life cycle, from concept through deployment.
In making the announcement, Jacobs Senior Vice President, Aerospace and
Technology Darren Kraabel stated, “Jacobs is delighted to be selected to
continue to support the U.S. Army’s critical test mission at ATC, one of
the nation’s most important major range and test facility bases. This
contract award is reflective of recent investments we have made to
broaden our global range operations and maintenance portfolio. We see
tremendous growth opportunity for Jacobs in this market and look forward
to sharing our best practices in test and evaluation and asset
management more broadly.”
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 2015 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.
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Source: Jacobs Engineering Group Inc.