MAF Transition Team Recognized by NASA

Jun 29, 2010, 07:45 ET from Jacobs Engineering Group Inc.

PASADENA, Calif., June 29 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE: JEC) announced today that, as part of the Michoud Assembly Facility (MAF) Transition Team, it received the NASA Group Achievement Award during a recent ceremony at the Marshall Space Flight Center in Huntsville, Ala. NASA's MAF is a world-class facility that has been at the center of human space flight since the early 1960s.  

The NASA Group Achievement Award is given for an outstanding accomplishment through the coordination of many individual efforts that have contributed substantially to the NASA mission.

Jacobs was awarded the manufacturing support and facility operations contract (MSFOC) in May 2009, and also provides program management; safety, health and emergency management; integrated manufacturing support; maintenance; site services; site operations; logistics operations services; sustaining engineering; environmental services; and construction and IDIQ services to NASA's Michoud Assembly Facility. Jacobs serves as the prime contractor for the project and worked with the outgoing MSFOC contractor and NASA over a 60-day period to make the transition a smooth one.

July 1, 2010 marks the completion of the first year for Jacobs at MAF.  In making the announcement, Jacobs President and CEO Craig Martin stated, "We are proud to support the U.S. space program and NASA's transformation of MAF into a multi-program, multi-tenant facility."  

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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Michelle Jones




SOURCE Jacobs Engineering Group Inc.