Jacobs Receives Two Contracts From U.S. Marine Corps
Engineering Group Inc. (NYSE:JEC) announced today it was awarded two
task order contracts under the five year, multiple-award Marine Corps
Logistics Support Services (MCLOGSS) Indefinite Delivery Indefinite
Jacobs Engineering Group Inc. (NYSE:JEC) announced today it was awarded two task order contracts under the five year, multiple-award Marine Corps Logistics Support Services (MCLOGSS) Indefinite Delivery Indefinite Quantity (IDIQ) contract. The first task order, with an estimated value of $12 million over three years, is for programmatic and technical support for the Weapon System Management Center and the Mine Resistant Ambush Protected Program. Jacobs’ scope of work within this task order includes engineering, technical, program management, facilities operations and management, integrated logistics, and administrative services. The second task order, with an estimated value of $6.5 million over two years, is in support of the worldwide Consolidated Storage Program, including Individual Issue Facilities and Unit Issue Facilities; and involves the delivery of administrative, sustainment acquisition, technical, logistics, and facility and program management services. Under MCLOGSS, Jacobs provides comprehensive support services in the areas of logistics, supply chain, and distribution management; maintenance management; and strategic prepositioning capability. Services through MCLOGSS are performed within the Continental United States at the Marine Corps Logistics Bases in Albany, Ga. and Barstow, Calif., and at Blount Island Command, Fla.; as well as at Department of Defense forward operating locations Outside the Continental United States. In making the announcement, Jacobs Group Vice President Robert Norfleet stated, “We are delighted to have this opportunity to strengthen our partnership with the Marine Corps and to assist in logistics planning and operational support for the Marine warfighters.” 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.