PASADENA, Calif.--(BUSINESS WIRE)--
Jacobs
Engineering Group Inc. (NYSE:JEC) announced today it was tasked by
the NASA Johnson Space Center under the JSC Engineering and Technical
Services (JETS) contract to perform manned flight qualification testing
on the parachute system for the Orion space capsule. The capsule is
being developed for human deep space exploration.
In addition to testing, Jacobs’ role also includes the production,
delivery and installation of the flight parachutes for the first Orion
Exploration Mission (EM-1), a mission to circumnavigate the moon and
return to Earth.
This task is valued at $40.3 million and is a continuation of ongoing
parachute development / test work Jacobs has been performing for the
Orion Program since 2006.
Jacobs recently completed the seventeenth and final engineering
development test of the Orion parachute system in Arizona at the U.S.
Army’s Yuma Proving Grounds. This test featured a dart-like vehicle
reaching the descent speeds required to achieve the primary test
objective of system performance at maximum dynamic pressure.
Since 2007, Jacobs has completed 38 full-scale parachute system tests
for NASA. It also provided the parachutes for the successful Engineering
Flight Test 1 (EFT-1) in 2014, where Orion reached an orbit of 3,600
miles above Earth.
In making the announcement, Jacobs Senior Vice President, Aerospace and
Technology Ward Johnson stated, “It’s an honor for Jacobs to be
associated with NASA on this exciting program that is ultimately
expected to take humans into deep space and onto Mars. We have a long
relationship with NASA, and we look forward to leveraging our experience
in this area.”
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 60,000 people and operates in more than 30 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 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.