Jacobs Receives Contract from U.S. Marine Corps for Information Technology Sustainment Services

Jan 12, 2010, 07:45 ET from Jacobs Engineering Group Inc.

PASADENA, Calif., Jan. 12 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that it has been awarded a task order contract by the Information Systems and Infrastructure Product Group at Marine Corps Systems Command in Quantico, VA.

This task order, awarded under the Commercial Enterprise Omnibus Support Services Blanket Purchase Agreement, has an estimated value of $9.7 million through December 2010, with the possibility of two option years bringing the total potential value to $29 million.

Jacobs will provide technical services at Marine Corps Major Commands and at bases and stations in the United States and overseas.

Services for the Program Manager for Marine Corps Network and Infrastructure Services will encompass transition, technical refresh, and life cycle sustainment support; schedule coordination; data collection and management; requirements management; hardware and software asset management; and other actions necessary to manage and sustain information technology services in the Navy Marine Corps Intranet (NMCI) environment and under the Continuity of Services Contract (COSC).

In making the announcement, Jacobs President and CEO Craig Martin stated, "Services we provide under this contract will help sustain and enhance mission-critical, worldwide access to enterprise information technologies for the Marines. This is an excellent opportunity for Jacobs to strengthen our longstanding relationship with the Marine Corps."

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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For additional information contact:

    Michelle Jones


SOURCE Jacobs Engineering Group Inc.