Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Jacobs Engineering Group Inc    JEC

Delayed Quote. Delayed  - 08/24 10:02:02 pm
54.11 USD   -0.97%
08/24 JACOBS ENGINEER : Secures Engineering Services Agreement with TransC..
08/23 JACOBS ENGINEER : Awarded Design Contract for Pfizer Global Biotechn..
08/22 JACOBS ENGINEER : Donates $25,000 to American Red Cross for Louisian..
News SummaryMost relevantAll newsSector news 

Jacobs Engineering Group Inc. : Jacobs/AMEC/Assystem/Mott MacDonald Joint Venture Awarded Design Supplier Contract at Sellafield

share with twitter share with LinkedIn share with facebook
share via e-mail
02/28/2012 | 01:50pm CEST

PASADENA, Calif., Feb. 28, 2012 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC) announced today that its joint venture with AMEC, Assystem and Mott MacDonald has been awarded one of two contracts that establishes a design services alliance (DSA) with Sellafield Limited for its operation in West Cumbria, United Kingdom.

The DSA framework, awarded to the AXIOM joint venture, provides Sellafield with access to the full range of multi-disciplined engineering services - civil and structural, mechanical, control and instrumentation and process - for the development and refurbishment of new and existing facilities and decommissioning at the Sellafield site. Sellafield Ltd anticipates the contract to operate for up to 15 years. Officials did not disclose the contract value.

AXIOM's contract involves providing front-end engineering design support for all new facilities as well as refurbishment and upgrading of existing facilities and systems to the production operations and infrastructure directorates at Sellafield. This work is being delivered in collaboration with Sellafield's own staff and local suppliers with all parties working as part of an integrated team.

Jacobs Group Vice President Bob Irvin stated, "We are delighted to continue our collaborative working relationship with Sellafield. We are well-established working with the local supply chain in West Cumbria, and this new agreement gives us further opportunity to share and leverage our collective knowledge and experience to assist Sellafield in delivering its project commitments."

Todd Wright, the NMP-sponsored Managing Director for Sellafield Ltd, said, "Effective supply chain engagement through long-term collaborative alliances is key to Sellafield Ltd delivering and exceeding commitments made in our performance plan. These new contracts will bring stability and certainty to the supply chain and are excellent news for West Cumbria."

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

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 2011 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 do not undertake to update any forward-looking statements made herein.

(Logo: http://photos.prnewswire.com/prnh/20110628/LA26838LOGO)

For additional information contact:
Michelle Jones

SOURCE Jacobs Engineering Group Inc.

share with twitter share with LinkedIn share with facebook
share via e-mail
08/24 JACOBS ENGINEERING : Secures Engineering Services Agreement with TransCanada
08/23 JACOBS ENGINEERING : Awarded Design Contract for Pfizer Global Biotechnology Cen..
08/22 JACOBS ENGINEERING : Donates $25,000 to American Red Cross for Louisiana Flood R..
08/18 JACOBS ENGINEERING : Awarded Transformation Contract with UK Ministry of Defence
08/18 JACOBS ENGINEERING : Awarded Contract for Novartis Biotechnology Center Expansio..
08/17 JACOBS ENGINEERING : Secures Contract Renewal from City of Chattanooga
08/16 JACOBS ENGINEERING : Wins Further Contract for Highways England’s Roads In..
08/12 JACOBS ENGINEERING : Awarded Contract for Novartis Biotechnology Center Expansio..
08/11 JACOBS ENGINEERING : Wins Contract for New Alnylam Biopharmaceutical Manufacturi..
08/11 JACOBS ENGINEERING : Successfully Completes Project Work for Sunstar Americas
More news
Sector news : Highway & Bridge Construction
08/24 HOCHTIEF : Germany's K+S says CFO to replace retiring CEO in May 2017
08/16DJDP WORLD : Hyperloop Technology to Be Studied as Shipping Tool
08/12 Bollore's raider reputation rattles Berlusconis in battle of billionaires
08/10 Bouygues, Vallourec deny conflict of interest in Hinkley Point vote
More sector news : Highway & Bridge Construction
News from SeekingAlpha
08/19 Fed's Failure To Launch Creates Second-Half Weak Dollar Opportunities
08/16 AECOM : New Material Weakness Disclosure, Rising Leverage And Accounting Concern..
08/12 Jacobs Engineering - Great Momentum With More Upside Possible
08/09 Jacobs Engineering Group (JEC) Steven J. Demetriou on Q3 2016 Results - Earni..
08/09 Jacobs Engineering beats by $0.03, misses on revenue