Los Angeles World Airports Appoints Jacobs as Project and Construction Manager

Supporting multi-billion dollar construction program at Los Angeles International Airport

DALLAS--()--Jacobs Engineering Group Inc. (NYSE:JEC) has been awarded a seven-year professional services prime contract for project and construction management by Los Angeles World Airports (LAWA) to support its Landside Access Modernization Program, Airline/Tenant Improvement Program and Capital Improvement Program at Los Angeles International Airport (LAX).

“Jacobs has partnered with Los Angeles World Airports for the past 15 years, delivering both airside and landside projects”

The City of Los Angeles anticipates an increase in travel into the Southern California region resulting from the addition of new entertainment facilities, a sports stadium and a potential bid for the 2024 Summer Olympics. In anticipation of this growth, and with the intent of improving the overall guest experience, LAWA has initiated the planning and development of more than $14 billion in capital improvements at LAX.

Jacobs’ role includes a broad range of project and construction support services to deliver programs from definition to construction and final closeout. Services include planning; project, construction and design management; construction logistics and impact analysis; staff training and development; change management; and environmental reporting. Jacobs is supporting LAWA as the operator guides and approves major improvement plans by its airline tenants at LAX including Delta, United and Southwest Airlines.

"Jacobs has partnered with Los Angeles World Airports for the past 15 years, delivering both airside and landside projects," said Bob Pragada, Jacobs President Buildings and Infrastructure and Industrial. "Around the world, we’ve worked in collaborative roles for several major terminal and runway expansion projects and we look forward to contributing our proven expertise to help implement this program and solidify LAX as one of the great airports of the world."

Jacobs provides professional services to aviation markets globally, including supporting programs for international airports such as LAX, Denver, Dallas/Fort Worth, Chicago, LaGuardia, Heathrow, Brisbane, Melbourne, Manchester and Dubai. Jacobs’ services range from strategic planning and financial consulting to planning, design, program, construction and asset management.

Jacobs is one of the world’s largest and most diverse providers of full-spectrum technical, professional and construction services for industrial, commercial and government organizations globally. The company employs over 54,000 people and operates in more than 25 countries around the world. For more information, visit www.jacobs.com.

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 Form 10-K for the year ended September 30, 2016, 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.

Contacts

Jacobs Engineering Group Inc.
Salim Rahimi, 214-583-8428

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