PASADENA, Calif., Feb. 23 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has been awarded a contract by the Space and Naval Warfare Systems Command (SPAWAR) headquarters in San Diego, Calif. SPAWAR designs, develops and deploys advanced communications and information capabilities, and provides much of the tactical and non-tactical information management technology required by the Navy to complete its operational missions. The contract, awarded under the Naval Sea System's Command Seaport-e contract vehicle, has an estimated value of $38.7 million and runs through August 2014.
Jacobs will provide technical and logistics support services to cover the Navy Marine Corps Intranet (NMCI) life cycle, including customer relations, end user requirements, implementation support of NMCI solutions, and life cycle planning requirements for transition of NMCI to Next Generation Enterprise Network (NGEN) for its Program Managers. These support services will address NMCI and NGEN requirements for the remainder of the NMCI contract and during the NMCI Continuity of Services Contract (COSC).
In making the announcement, Jacobs President and CEO Craig Martin stated, "This project is an excellent opportunity for Jacobs to strengthen our long-standing relationship with the Department of the Navy. Services we provide under this contract will help to sustain and enhance mission-critical access to enterprise information technologies worldwide for sailors and Marines."
Jacobs is one of the world's largest and most diverse providers of technical, professional, and construction services.
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 2009 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.
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SOURCE Jacobs Engineering Group Inc.