Jacobs Receives U.S. Army Dugway Proving Ground Contract.Business Editors FT. WALTON BEACH, Fla.--(BUSINESS WIRE)--March 11, 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 received a contract from the U.S. Army to provide field range testing and laboratory support services support services Psychology Non-health care-related ancillary services–eg, transportation, financial aid, support groups, homemaker services, respite services, and other services for the West Desert Test Center (WDTC WDTC Walt Disney Travel Company WDTC West Desert Test Center (US Army Dugway Proving Ground, UT, USA) ) located at Dugway Proving Ground Dugway Proving Ground (DPG) is a US Army facility located approximately 85 miles (140 km) southwest of Salt Lake City, Utah in southern Tooele County. It encompasses 801,505 acres (3,243.576 km², or 1,252. , Utah. The contract, with an estimated value of $285 million, has a one-year basic period of performance along with fourteen options and award terms, making the potential total contract period 15 years. The contract has an effective date of March 24, 2004. Jacobs serves as the prime contractor, drawing support from three major subcontractors: GEOMET Technologies, Science and Technology Corporation, and Mellor Engineering. The team's workforce consists of approximately 212 personnel. As a major test site for the U.S. Army Test and Evaluation Command, WDTC is responsible for the test and evaluation of chemical and biological (CB) defense systems, incendiary and smoke/obscuration munitions mu·ni·tion n. War materiel, especially weapons and ammunition. Often used in the plural. tr.v. mu·ni·tioned, mu·ni·tion·ing, mu·ni·tions To supply with munitions. systems, and related operational concepts. WDTC also supports non-CB testing for the Department of Defense (DoD) and other federal agencies, including environmental assessment/impact evaluation, weapons and munitions demilitarization de·mil·i·ta·rize tr.v. de·mil·i·ta·rized, de·mil·i·ta·riz·ing, de·mil·i·ta·riz·es 1. To eliminate the military character of. 2. , and hazard assessment. In making the announcement, Jacobs President Craig Martin stated, "This contract strengthens our position as a leading provider of test and evaluation services to the Army and DoD, and also presents new opportunities for growth in the increasingly important area of chemical/biological defense." 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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