PASADENA , Calif., Oct. 23 /PRNewswire-FirstCall/ -- Jacobs EngineeringGroup Inc. (NYSE: JEC) announced today that it received an indefinite deliverycontract from the Federal Aviation Administration (FAA) to provideArchitect-Engineer (A&E) support services for its Terminal Program Operationsfacilities.
The contract has a two-year base period of performance, plus option years.If all options are exercised, the period of performance may extend through September 24, 2012 . The contract's estimated ceiling amount is
Jacobs will provide A&E services required to update and maintain thestandard design package; conduct facility evaluations and modernizationdesign-build; and provide terminal and facilities engineering support, designand construction support, risk management, and organizational and performancemetrics.
In making the announcement, Jacobs Group Vice President Warren Dean stated, "We are delighted to have the opportunity to continue building on ourlegacy 15-year business relationship with the Federal AviationAdministration."
Jacobs, with over 49,000 employees and revenues exceeding
Any statements made in this release that are not based on historical factare forward-looking statements. Although such statements are based onmanagement's current estimates and expectations, and currently availablecompetitive, financial, and economic data, forward-looking statements areinherently uncertain. We, therefore, caution the reader that there are avariety of factors that could cause business conditions and results to differmaterially from what is contained in our forward-looking statements. For adescription of some of the factors which may occur that could cause actualresults to differ from our forward-looking statements please refer to our 2006Form 10-K, and in particular the discussions contained under Items1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management'sDiscussion and Analysis of Financial Condition and Results of Operations. Wealso caution the readers of this release that we do not undertake to updateany forward-looking statements made herein.
SOURCE Jacobs Engineering Group Inc.