PASADENA, Calif., April 10, 2012 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it received a contract to provide information technology, geospatial engineering and software engineering services in support of the Institute for Information Technology Applications (IITA) Program at the United States Air Force Academy (USAFA).
This five-year blanket purchase agreement has an estimated value of up to $50 million.
In making the announcement, Jacobs Group Vice President Robert Norfleet stated, "We are very pleased to continue our support in providing advanced technology that builds on the growing demand for geospatial capabilities for the USAFA."
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 2011 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.