Jacobs Selected by US Air Force for Operations, Maintenance and Sustainment of Critical Mission Systems

Rhea-AI Summary

Jacobs (NYSE:J) has secured a contract from the U.S. Air Force Life Cycle Management Center valued at up to $455M for the operations, maintenance, and sustainment (OM&S) of critical systems at the NORAD Cheyenne Mountain Complex. The contract, effective from June 25, 2020, spans six years and supports Command and Control systems across multiple Air Force bases. Jacobs emphasizes its commitment to enhancing U.S. Air Force capabilities in facing threats and maintaining space situational awareness. The company reported $13 billion in revenue and employs over 55,000 people.

Positive

• Contract with U.S. Air Force valued at up to $455M over six years.
• Support for critical Command and Control systems enhances national defense capabilities.
• Jacobs reported $13 billion in revenue, indicating robust financial health.

Negative

• None.

DALLAS, July 29, 2020 /PRNewswire/ -- Jacobs (NYSE:J) was selected by the Air Force Life Cycle Management Center's Strategic Warning & Surveillance Systems Division for Operations, Maintenance and Sustainment (OM&S) of critical mission systems for the North American Aerospace Defense Command (NORAD) Cheyenne Mountain Complex (NCMC). The contract, known as the Integrated Tactical Warning/Attack Assessment (ITW/AA) and Space Support Contract II (NISSC II) went into effect June 25, 2020, and has a maximum value to Jacobs of $455M over a six-year period of performance.

Jacobs will support the classified communications and processing for Command and Control (C2) capability and legacy space C2 systems at Cheyenne Mountain Air Force Station (CMAFS) and Peterson Air Force Base, Colorado; Offutt AFB, Nebraska; Vandenberg AFB, California; and other sites, worldwide. The NISSC II OM&S Task Order also establishes requirements for operations and maintenance support for the CMAFS Information Systems Infrastructure.

"We welcome the opportunity to help support the U.S. Air Force in continual operation, maintenance and sustainment of the systems necessary to make decisions about threats to North America, and to maintain space situational awareness," said Jacobs Critical Mission Solutions Senior Vice President Steve Arnette. "The importance of the USAF mission and challenges they face sustaining complex systems for a no-fail mission are tremendous catalysts that energize our entire workforce to redefine what's possible in delivering innovative solutions."

Missions will include warnings and control from airborne, land-based and space-based systems which sense and report threat activities in air and space against North America and its allies, and will be performed at Cheyenne Mountain Complex, located near NORAD and U.S. Northern Command headquarters at Peterson Air Force Base in Colorado Springs.

Jacobs is delivering innovative OM&S solutions for an expanding portfolio of U.S. Government and commercial customers, driving added value while enabling its clients most critical missions.

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With $13 billion in revenue and a talent force of more than 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit jacobs.com and connect with Jacobs on Facebook, Instagram, LinkedIn and Twitter.

Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. 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, including, but not limited to, the impact of the COVID-19 pandemic and the related reaction of governments on global and regional market conditions and the company's business. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see our Annual Report on Form 10-K for the year ended September 27, 2019, and in particular the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.

For press/media inquiries:
Kerrie Sparks
214.583.8433

 

View original content to download multimedia:http://www.prnewswire.com/news-releases/jacobs-selected-by-us-air-force-for-operations-maintenance-and-sustainment-of-critical-mission-systems-301101890.html

SOURCE Jacobs

FAQ

What is the value of Jacobs' new contract with the U.S. Air Force?

The contract is valued at up to $455M over a six-year period.

When did Jacobs' contract with the U.S. Air Force commence?

The contract went into effect on June 25, 2020.

What systems will Jacobs support under the U.S. Air Force contract?

Jacobs will support operations, maintenance, and sustainment of critical mission systems at the NORAD Cheyenne Mountain Complex.

How much revenue did Jacobs report recently?

Jacobs reported $13 billion in revenue.

How many employees does Jacobs have?

Jacobs employs over 55,000 people.