Jacobs Awarded ID/IQ Contract to Provide A-E Services to AFCEC
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PASADENA, Calif.--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE: JEC) announced today it received a contract for architect-engineering (A-E) 2013 design and construction services (DCS) from the Air Force Civil Engineer Center (AFCEC) based at Joint Base San Antonio-Lackland, Texas. Jacobs is one of 18 firms awarded under the full and open competition.
The total program value for this indefinite-delivery/indefinite-quantity contract is estimated at $950,000,000.
The A-E13 DCS contract enables Jacobs to provide the Air Force with Title I, Title II, and other A-E services to support military construction (MILCON), military family housing (MFH), and sustainment, restoration and modernization (SRM) programs at government installations worldwide.
In making the announcement, Jacobs Senior Vice President, Aerospace and Technology Ward Johnson stated, “We are delighted to be awarded the A-E13 DCS contract and continue our 24-year relationship with AFCEC and ultimately support our nation’s military personnel.”
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 2015 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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160531005304/en/
Jacobs Engineering Group Inc.
Robin Shermer, 817-735-6284
Source: Jacobs Engineering Group Inc.
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