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Jacobs Joint Venture Project Wins NDA Innovation Award

Stocks in this article: JEC

Jacobs Engineering Group Inc. (NYSE:JEC) announced today that its ACKtiv Nuclear Joint Venture (comprised of Jacobs, Carillion and Atkins) received the Nuclear Decommissioning Authority’s (NDA) Estate Supplier Award for “Best Example of Innovation by a Large Company,” for a project at Sellafield Limited in the United Kingdom.

The award recognizes the joint venture for its development of an innovative method for safe removal of protective cementitious grout work on the Isolations and Risk Reduction Project at the Sellafield site. The remotely operated solution enabled critical pipe isolation work to be conducted safely and effectively.

Jacobs Group Vice President Bob Irvin stated, "We are very pleased to be selected, along with our joint venture partners, for this highly prestigious award in recognition of our nuclear clean-up work in the UK. The award reflects Jacobs' long standing commitment to continuous improvement in the safe delivery of high-quality projects for Sellafield."

The annual Estate Supplier Award recognizes excellence in the NDA Estate Supply Chain through contributions to the UK’s nuclear decommissioning and clean-up mission.

The NDA is a non-departmental public body that owns 19 nuclear sites and the associated civil nuclear liabilities and assets of the public sector in the UK. The NDA is responsible for the decommissioning, clean-up and restoration of these civil nuclear facilities.

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.

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