PASADENA, Calif.--(BUSINESS WIRE)--Jacobs Engineering Group Inc. (NYSE:JEC) announced today it received a contract from the U.S. Army to provide test support services to the Aberdeen Test Center (ATC) at Aberdeen Proving Ground, Maryland. Jacobs has supported ATC since 2001 through two predecessor contracts and one bridge contract.
The total maximum cost of the five-year indefinite delivery/indefinite quantity (ID/IQ) contract is $436 million. Jacobs’ role is to provide mission test support services to ATC, one of the Department of Defense’s premier test and training ranges supporting both military and commercial materiel developers, by testing a broad spectrum of equipment throughout the life cycle, from concept through deployment.
In making the announcement, Jacobs Senior Vice President, Aerospace and Technology Darren Kraabel stated, “Jacobs is delighted to be selected to continue to support the U.S. Army’s critical test mission at ATC, one of the nation’s most important major range and test facility bases. This contract award is reflective of recent investments we have made to broaden our global range operations and maintenance portfolio. We see tremendous growth opportunity for Jacobs in this market and look forward to sharing our best practices in test and evaluation and asset management more broadly.”
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 2015 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.
