Press Release

Jacobs Awarded Tunnel Upgrade Contract at NASA Glenn Research Center

By SpaceRef Editor
April 6, 2010
Filed under , ,

Replacement of Refrigeration Plant Will Enable Icing Research Tunnel to Achieve Maximum Air Speeds and Uniform Icing Conditions

Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it received a contract from NASA to provide engineering, procurement and construction management (EPCM) services to upgrade the Icing Research Tunnel (IRT) at Glenn Research Center (GRC) in Ohio. Jacobs will design, build and commission a new integrated refrigeration system comprised of primary refrigeration equipment, a secondary coolant loop and a new heat exchanger. Jacobs will also design and construct a single story, 70 ft. by 120 ft. building to house the new refrigeration system.

The contract value is estimated at $16M.

Jacobs’ technical solution and project execution approach provide GRC, NASA and the U.S. aerospace community with the ability to achieve an optimum testing environment for conducting ground, de-icing and anti-icing research on military and commercial aircraft in uniform simulated icing conditions at airspeeds of up to 350 knots.

In making the announcement, Jacobs President and CEO Craig Martin stated, “We are proud to support NASA in the upgrade of this important national asset, which provides critical aerospace test and evaluation capability.”

Jacobs is one of the world’s largest and most diverse providers of technical, professional, and construction services.

Any statements made in this release that are not based on historical fact are forward-looking statements. Although such statements are based on management’s current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2009 Form 10-K, and in particular the discussions contained under Items 1 – Business, 1A – Risk Factors, 3 – Legal Proceedings, and 7 – Management’s Discussion and Analysis of Financial Condition and Results of Operations. We also caution the readers of this release that we do not undertake to update any forward-looking statements made herein.

For additional information contact: Michelle Jones 626.578.6968

SpaceRef staff editor.