PASADENA, Calif.--(BUSINESS WIRE)--Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it was awarded a contract to provide engineering, technology and science services to NASA’s Johnson Space Center (JSC) in Houston, Texas.
“Jacobs is delighted to continue our support of JSC as NASA implements new approaches and programs for space exploration, technology development and scientific research. We look forward to delivering value, innovation and technical excellence to JSC.”
The cost-plus-award-fee services contract has a potential value of $1.93 billion, including options. The contract begins May 1 with a five-year base period followed by two two-year options.
Work under the JSC Engineering, Technology, and Science (JETS) contract supports NASA JSC’s Engineering Directorate and Astromaterials Research and Exploration Science Directorate. Services include engineering design and development, sustaining engineering, engineering analysis and assessment, technology development, test services, laboratory and facility operation and maintenance, planetary mission research, physical science research, and astromaterials curation. NASA programs and offices supported by the contract include the International Space Station, Orion, Advanced Exploration Systems, the Chief Technologist and Commercial Crew and Cargo and Mars Science Laboratory science research and operations.
Companies supporting Jacobs on the JETS contract include Aerodyne Industries; Barrios Technology; ERC, Inc.; HX5, LLC; UTC Aerospace Systems; GeoControl Systems, Inc.; Oceaneering Space Systems; MRI Technologies; ATK and Boeing.
In making the announcement, Jacobs Group Vice President Terry Hagen stated, “Jacobs is delighted to continue our support of JSC as NASA implements new approaches and programs for space exploration, technology development and scientific research. We look forward to delivering value, innovation and technical excellence to JSC.”
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 2012 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.