Jacobs Awarded Cross London Rail Links Contract.Business Editors Jacobs Engineering Group Jacobs Engineering Group Inc. (NYSE: JEC), a publicly traded company with annual revenues approaching $7 billion, provides professional technical services. Headquartered in Pasadena, CA, Jacobs offers support to industrial, commercial, and government clients across multiple Inc. (NYSE NYSE See: New York Stock Exchange :JEC) announced today that a subsidiary company has been awarded a contract by Cross London Rail Links Ltd for the design development of surface railways and stations west of London, UK as part of the Crossrail scheme. Officials did not disclose the contract value. Jacobs will provide design services, risk assessment, and preliminary costing for approximately 18 stations and 35 miles of track west of Paddington, including buildings, track, bridges, tunnels, and all civil works. The new $9 billion Crossrail scheme will provide a high-capacity, east-west rail link across the capital based on a core route running from Heathrow to Paddington, then to Liverpool Street Liverpool Street can refer to:
The Isle of Dogs is a peninsula in the East End of London. It is surrounded on three sides (East, South and West) by the River Thames, which follows a horseshoe-shaped arc to the south of the peninsula. . This important scheme is central to the continuing development of London as one of the world's leading centers of commerce and the financial hub of Europe. In making the announcement, Jacobs Group Vice President John McLachlan stated, "This appointment continues our involvement with the major rail schemes in the United Kingdom over the past 10 years. We look forward to providing value to this important project." Jacobs Engineering Group Inc. is one of the world's largest providers of technical professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. . With more than 30,000 people, the company offers full-spectrum support to industrial, commercial, and government clients in diverse markets. Services include scientific and specialty consulting as well as all aspects of design, construction, and operations & maintenance. Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management's best judgment as to what may occur in the future. However, Jacobs' actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions ("Future Factors"), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section "Forward-Looking Statements" included in Management's Discussion and Analysis Management's discussion and analysis (MD&A) A report from management to shareholders that accompanies the firm's financial statements in the annual report. It explains the period's financial results and enables management to discuss topics that may not be apparent in the financial filed as part of Exhibit 13 to the Company's 2001 Annual Report on Form 10-K Form 10-K A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information. Form 10-K See 10-K. . |
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