Jacobs wins $3.9B NASA contract

Dive Brief:

  • NASA awarded the JSC Engineering, Technology and Science (JETS) II contract at the Johnson Space Center in Houston (pictured above) to Jacobs Engineering Group, according to a NASA press release.
  • The Dallas-based construction services firm will provide engineering, design, development, technology, facility operation and maintenance work for the JSC Engineering Directorate.
  • The contract maximum value is estimated at approximately $3.9 billion over 10 years, according to a Jacobs press release.

Dive Insight:

Jacobs reported it was well-positioned to take advantage of opportunities in sophisticated facility construction during its second fiscal quarter earnings call in May.

The contract has a potential base value of $1.8 billion with a five-year base period, according to NASA. The contract begins Oct. 1, followed by two two-year option periods and one one-year option period, for a total of 10 years, which increases the potential value of the contract to $3.9 billion.

“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,” said Jacobs CEO Steve Demetriou in the release. “With this latest award from our JSC customer, Jacobs remains well positioned to support the future of human space exploration.”

Jacobs reported growth in revenue, profits and backlog during its second fiscal quarter in May. That’s largely due to key projects won from the U.S. government, including contracts with the U.S. Army Intelligence and Security Command Support at Fort Meade, Maryland, and the Department of Defense Artificial Intelligence Centers in Arizona, Florida and Texas, as well as its BlackLynx acquisition in November. Its critical missions solutions (CMS) added close to $1 billion in backlog.

The JETS II contract extends Jacobs’ partnership with JSC that dates back to 2005, according to the Jacobs release.

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