Potential $39 million contract continues Jacobs’ long relationship with
MARSOC Raiders
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.
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Source: Jacobs Engineering Group Inc.