Jacobs Awarded $3.9B Engineering and Science Contract at NASA

Jacobs (NYSE:J) was awarded the JSC Engineering, Technology, and Science (JETS) II contract at NASA Johnson Space Center in Houston, Texas.

Jacobs is scheduled to begin contract transition on Aug. 1 to continue providing engineering and scientific products and technical services for NASA at Johnson Space Center (JSC). The contract maximum value is estimated at approximately $3.9 billion over 10 years including a five-year base period, two two-year option periods and one one-year option period.

"Throughout our 50-year partnership with NASA, Jacobs has shared the agency's commitment to advancing space science and exploration," said Jacobs Chair and CEO Steve Demetriou. "The JETS II contract builds on more than 17 years of continuous support at JSC - a key component of our NASA portfolio, which includes nine locations across the agency. With this latest award from our JSC customer, Jacobs remains well positioned to support the future of human space exploration."

Under this contract, Jacobs will provide engineering design, development, sustaining engineering, analysis, assessment, technology development, test services and laboratory/facility operation and maintenance for the JSC Engineering Directorate. Jacobs will also deliver planetary missions research, physical science research, astromaterial curation and laboratory/facility operation and maintenance for the JSC Exploration Integration and Science Directorate, as well as engineering and related services for other organizations at JSC and other Centers and Government Agencies.

"JSC plays an integral role in both current and next-generation exploration and science programs," said Jacobs EVP and President of Critical Mission Solutions Steve Arnette. "Our commitment to providing efficient and innovative solutions through the JETS II contract will support NASA in furthering our knowledge of the universe while creating a more connected, sustainable world."

The JETS II contract extends Jacobs' continuous partnership with JSC that dates back to 2005. As NASA's largest services contractor, Jacobs is a provider and integrator of full lifecycle aerospace solutions, including design and construction; base, mission and launch operations; sustaining capital maintenance; secure and intelligent asset management; and development, modification, and testing processes for fixed assets supporting national government, military, defense and NASA, as well as commercial space companies.

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