Jacobs Receives Contract to Support NASA Center Maintenance, Operations and
Engineering at Langley Research Center
PASADENA, Calif. -- October 8, 2013
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it was awarded a
contract to provide Center Maintenance, Operations, and Engineering (CMOE) to
NASA’s Langley Research Center (LaRC) in Hampton, Va.
The CMOE contract is a hybrid contract consisting of a component for
sustaining services and an Indefinite Delivery/Indefinite Quantity (IDIQ)
component. The sustaining services component is Cost-Plus-Award-Fee (CPAF),
and the IDIQ component is a mix of firm-fixed-price (FFP) and CPAF. The
contract has a performance period, including options, of 10 years. The maximum
value is approximately $742 million.
The CMOE contract, a follow-on contract to the Research Operations,
Maintenance, and Engineering (ROME) contract currently being executed by
Jacobs, is part of LaRC’s 20-year revitalization plan. Under the terms of the
contract, Jacobs is providing research facility operations, central utilities
operations, technology development/ administration, research and institutional
maintenance, and facility engineering.
In making the announcement, Jacobs Group Vice President Terry Hagen stated,
“Jacobs is delighted to continue our support of LaRC’s critical aerospace
mission through the CMOE contract, which includes a strong focus on
revitalization of the Center’s infrastructure and continued advancement of its
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.
Jacobs Engineering Group Inc.
Michelle Jones, 626-578-6968
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