Jacobs Receives Architectural and Engineering Design Contract from Stanford Linear Accelerator Center.Business Editors WALNUT CREEK, Calif.--(BUSINESS WIRE)--April 27, 2004 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 won a contract from Stanford Linear Accelerator Center
The Stanford Linear Accelerator Center (SLAC) is a United States Department of Energy National Laboratory operated by Stanford University under the programmatic direction of the U.S. (SLAC), to provide architectural and engineering design services for the Linac Coherent Light Source (LCLS) conventional facilities. SLAC is a federally funded laboratory operated for the U.S. Department of Energy (DOE) by Stanford University; SLAC is also an integral academic School (particle physics, astrophysics, and synchrotron radiation) of Stanford University. The LCLS Project creates a research facility delivering coherent laser radiation in the x-ray region of the electromagnetic spectrum ten billion times greater in peak power and peak brightness than any existing x-ray light source. Utilizing the phenomenon of Self-Amplified Spontaneous Emission (SASE), the LCLS will provide the world's first demonstration of an x-ray Free electron laser A free electron laser, or FEL, is a laser that shares the same optical properties as conventional lasers such as emitting a beam consisting of coherent electromagnetic radiation which can reach high power, but which uses some very different operating principles to form the beam. (FEL FEL - Function Equation Language. Programs are sets of definitions. Sequences are lists stored in consecutive memory. "FEL Programmer's Guide", R. M. Keller, AMPS TR 7, U Utah, March 1982. ) in the 1.5-16 Angstrom range and exploit the extraordinary, high-brightness x-ray pulses as a powerful tool for research in the physical and life sciences, especially in the nano technology field. Design for the conventional facilities portion is accelerated to meet interim approval/funding milestones and the planned LCLS operational date of October 2008. Total project cost of the LCLS is estimated in the $245-295 million range. For detail on the project see SLAC URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. http://www.slac.stanford.edu/. In making the announcement, Jacobs Group Vice President Warren Dean stated, "We are excited to be part of this very important project and continue supporting the development of our nation's most advanced scientific research facilities." The firm also is heavily involved with the DOE's Spallation Neutron Source The Spallation Neutron Source (SNS) is an accelerator-based neutron source being built in Oak Ridge, Tennessee, USA, by the U.S. Department of Energy (DOE). SNS is being designed and constructed by a unique partnership of six DOE national laboratories: Argonne, Lawrence Berkeley, and National Ignition Facilities research programs. Jacobs, with over 35,000 employees and revenues approaching $5.0 billion, provides technical, professional, and construction services globally. 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 judgement 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 Item 7 - 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 of Financial Condition and Results of Operations contained in the Company's 2003 Annual Report on Form 10-K. |
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