Tuesday, March 9, 2010

Jacobs Receives Contract from Air Force Research Laboratory


Defense News ~ PASADENA, Calif., March 9 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE:JEC - News) announced today that it received a contract from the Air Force Research Laboratory's Airbase Technologies Division to perform research and development of technologies for deployed airbase infrastructure, force protection and homeland defense operations.

Officials estimate the potential value of the 3-year contract at $9.9 million.

Jacobs will provide technical expertise to execute a comprehensive research and development program that includes the design, development and testing of new protective structural systems and components. The new technologies aim to improve the physical protection of personnel from conventional and improvised explosive devices.

In making the announcement, Jacobs President and CEO Craig Martin stated, "This contract provides an excellent opportunity to build upon our longstanding relationship with the AFRL. Our services will help Air Force investment and acquisition decision makers choose the right technologies to meet current and future operational requirements for force protection and airbase infrastructure operations."

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.

For additional information contact:

Michelle Jones

626.578.6968


(Logo: http://www.newscom.com/cgi-bin/prnh/20090109/JACOBSEGLOGO)

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