Jacobs Receives Contract from Air Force Research Laboratory/ Enterprise Business System Program Office

Mar 08, 2011, 07:45 ET from Jacobs Engineering Group Inc.

PASADENA, Calif., March 8, 2011 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it received a contract from the Air Force Research Laboratory/ Enterprise Business System Program Office (AFRL/EBSPO) at Wright-Patterson Air Force Base (WPAFB) in Dayton, Ohio.

The five-year contract has an estimated value of $23 million.

Under the contract, Jacobs is providing the AFRL/EBSPO with management and software lifecycle technical support for continued development and sustainment of EBS applications. EBS is comprised of government and commercial off-the-shelf (GOTS/COTS) applications that provide financial management, integrated project and portfolio management, business intelligence and enterprise information management capabilities for AFRL headquarters and the 10 AFRL technical directorates located across the U.S.

In making the announcement, Jacobs President and Chief Executive Officer Craig Martin stated, "We look forward to supporting the AFRL Enterprise Business System Program Office. Our support for the U.S. Air Force reaches back over 60 years, and we are pleased to build upon this longstanding relationship."

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 2010 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.

For additional information contact:

  Michelle Jones

  626.578.6968

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SOURCE Jacobs Engineering Group Inc.



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