Jacobs Wins General Services Administration ASTRO Contract Awards
DALLAS, Sept. 28, 2021 /PRNewswire/ -- Jacobs (NYSE:J) has won seven awards on the General Services Administration's (GSA) ASTRO contract. The multiple-award, indefinite delivery/indefinite quantity (IDIQ) contract has no defined ceiling value but is anticipated to have a multi-billion-dollar budget over its potential 10-year ordering period.
Sponsored by the Department of Defense (DoD), the ASTRO program will be managed by GSA's Federal Systems Integration and Management Center (FEDSIM). The program focuses on providing the DoD innovative, future technology, products, solutions and capabilities across all domains as the Department operationalizes convergence. ASTRO's scope includes the full lifecycle of development, integration, operation and maintenance for manned, unmanned and optionally-manned systems, robotics, sensors, vehicles and platforms. The scope also covers the services that support those systems as well as the analysis and visualization of data they collect.
"These awards on GSA's highly anticipated ASTRO contract enable Jacobs to deliver full lifecycle digital solutions and cutting-edge technologies to ensure interoperability, resilience and assurance for the DoD and the joint forces," said Jacobs Critical Mission Solutions Senior Vice President of Strategic Development and Growth & Sales Lieutenant General (retired) Bruce Crawford. "At Jacobs, we're harnessing our unique blend of mission experience, cyber and intelligence capabilities, and user-informed innovation to enable decision dominance among our defense and U.S. federal clients."
ASTRO is shaped around 10 functional domain areas, which are referred to as pools, each supported by unique primes and offerings. Jacobs was selected for all seven pools on which the company submitted proposals, including: data operations, mission operations, space, ground, development/systems integration, research and training.
The GSA ASTRO awards position Jacobs to continue to innovate and scale digital solutions and builds on Jacobs' longstanding commitment to supporting DoD's mission. Another recent win which solidifies Jacobs leadership in this space, includes a prime position on the Defense Intelligence Agency's Solutions for the Information Technology Enterprise III (SITE III) IDIQ contract in March 2021.
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
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, including the emergence and spread of variants of COVID-19, 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 October 2, 2020, 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, and our Quarterly Report on Form 10-Q for the quarter ended July 2, 2021, and in particular the discussions contained under Part I, Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Part II, Item 1 - Legal Proceedings; and Part II, Item 1A - Risk Factors, 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.
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