Trio of contracts.Construction giant 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. announced last week a bevy bevy a flock of birds. of new contracts from some major international corporations. The $8 billion Pasadena Pasadena (păs'ədē`nə). 1 City (1990 pop. 131,591), Los Angeles co., S Calif., at the base of the San Gabriel Mts.; inc. 1866. company won contracts from a trio of United Kingdom companies--pharmaceutical maker GlaxoSmithKline PLC, railroad railroad or railway, form of transportation most commonly consisting of steel rails, called tracks, on which freight cars, passenger cars, and other rolling stock are drawn by one locomotive or more. operator Network Rail Ltd. and energy company Magnox Electric Ltd.--as well as a contract extension. GlaxoSmithKline awarded a multi-million dollar, 2-year deal to Jacobs as an alliance contractor for two of the company's manufacturing facilities in Singapore. The total value of the contract was not disclosed. Jacobs was one of five companies to receive a framework contract for the track switch and crossing designs of the U.K. rail system. Jacobs' portion is worth up to $12 million for three years of work. Though that contract is relatively small, Jacobs Group Vice President Michael Higgins released a statement saying the deal was a step toward building a stronger relationship with the company and hinted at possible future deals. "We look forward to continuing to support Network Rail as they enhance and improve rail transport in the U.K.," he said. To round out the trio of deals, Jacobs also announced it will provide project management services for work on nuclear reactors List of nuclear reactors is a comprehensive annotated list of all the nuclear reactors of the world, sorted by country. This list excludes nuclear marine propulsion reactors, except those at land installations, and . in the U.K. under a two-year contract with Magnox. The value of the deal was not disclosed. In addition to the deals, Jacobs also secured a five-year contract extension with Bethesth, Md.-based Lockheed Martin For the former company, see . Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. Corp. The contract covers design and construction management for the aerospace company's Missiles & Fire Control division in Orlando, Fla. |
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