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Jacobs Wins U.S. Army Electronic Proving Ground Scientific and Engineering Support Services ContractJacobs Engineering Group Inc. (NYSE:JEC) has received the contract to support the United States Army Electronic Proving Ground Scientific and Engineering Support Services, providing test and evaluation for the Army and other Department of Defense agencies. Work will primarily be performed at Fort Huachuca with additional work at Fort Hood, Fort Bliss, Aberdeen (News - Alert) Proving Ground and White Sands Missile Range. The contract is valued in excess of $130 million over five years if all options are exercised. "Jacobs has a long history of supporting the U.S. Army, ranging from research and development to test and evaluation, to sustainment and support of complex weapons systems," said Jacobs Senior Vice President Aerospace and Technology Darren Kraabel. "This award is paramount as we implement our strategy to bring new solutions to the Major Range and Test Facility Bases." Under this contrat, Jacobs will provide a wide variety of distributed network systems testing, cybersecurity, enterprise system testing, electromagnetic environmental effects, intelligence, surveillance and reconnaissance, information assurance, logistics, safety and security. The contract also includes supporting developmental and operational intelligence, electronic warfare, software, cyber and biometric testing. Jacobs is one of the world's largest and most diverse providers of full-spectrum technical, professional and construction services for industrial, commercial and government organizations globally. The company employs over 54,000 people and operates in more than 25 countries around the world. For more information, visit www.jacobs.com. Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management's current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from 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 Form 10-K for the year ended September 30, 2016, 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 do not undertake to update any forward-looking statements made herein.
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