(By Balaseshan) Jacobs Engineering Group Inc. (NYSE:JEC) said it has received
a $91 million contract from NASA to support the design and implementation of soil and
The Pasadena, California technical professional services firm has been
awarded an indefinite delivery/indefinite quantity (IDIQ) contract to support
the design and implementation of soil and groundwater cleanups at Kennedy Space
Center (KSC) and Cape Canaveral Air Force Station (CCAFS) in Florida.
The contract has a five-year ordering period with a potential value of $91
million. Jacobs has actively supported NASA's environmental remediation program
at KSC since 1998 through contracts with other federal agencies.
Under the terms of the contract, Jacobs is providing the NASA/KSC
Environmental Assurance Branch with professional services to support them in
meeting the contamination assessment and remediation requirements for Resource
Conservation and Recovery Act (RCRA) sites and petroleum contamination for NASA
on KSC and CCAFS.
Jacobs Group Vice President Terry Hagen said the company would continue
helping the Environmental Assurance Branch achieve their environmental goals in
preparing KSC for the next generation of space flight.
JEC closed Monday's regular session at $37.65. The stock has been trading
between $30.74 and $48.17 for the past 52 weeks.