URS Awarded Five-Year Contract at the Naval Surface Warfare Center with Potential Value of $32 Million.

Business Editors

SAN FRANCISCO--(BUSINESS WIRE)--Oct. 22, 2003

URS Corporation (NYSE: URS) today announced that the Company's EG&G Division has been awarded an indefinite delivery/indefinite quantity re-compete contract to provide support services for the U.S. Navy's Electromagnetic Environmental Effects programs at the Naval Surface Warfare Center, Dahlgren Division. Under the terms of the contact, URS will provide engineering, analysis, management, technical and test services in support of several electromagnetic effects programs designed to ensure the safety of personnel and weapons systems. The five-year contract has a ceiling value of $32 million.

Commenting on the contract win, Martin M. Koffel, Chairman and Chief Executive Officer of URS, said: "We are very pleased with this win by our EG&G Division, which has a long history of supporting the Navy's safety programs. URS is already providing engineering and technical services for the integration of weapons systems at the Naval Surface Warfare Center in Dahlgren. This contract not only extends our work at Dahlgren but builds on our strong relationship with the Navy."

URS Corporation offers a comprehensive range of professional planning and design, systems engineering and technical assistance, program and construction management, and operations and maintenance services for surface transportation, air transportation, rail transportation, industrial process, facilities and logistics support, water/wastewater treatment, hazardous waste management and military platform support. Headquartered in San Francisco, the Company operates in 20 countries with more than 25,500 employees providing engineering services to federal, state and local governmental agencies as well as private clients in the chemical, manufacturing, pharmaceutical, forest products, mining, oil and gas, and utilities industries (www.urscorp.com).