Jacobs Announces Increasing IT Contracts in U.S. Federal Sector

Jacobs Engineering Group Inc. (NYSE: JEC) announced today that in the past six months it has been selected to design and procure innovative information technology and telecommunications solutions for a number of U.S. federal sector clients, collectively representing contract values totaling over $300 million. Jacobs' scope of work under the terms of these contracts includes engineering design, procurement, installation and maintenance of operational systems. Building upon its acquisition of FNS in July 2014, Jacobs has recently expanded channel partner agreements with numerous original equipment manufacturers, enabling Jacobs to use and customize emerging technologies to design, integrate, secure, operate and maintain its clients' network and desktop operations, data transport, data storage, cloud solutions, and cybersecurity. In making the announcement, Jacobs Group Vice President Robert Norfleet stated, "The rapid advancement and innovation in this market require companies and government agencies to carefully consider how they build, enhance, finance, and secure their critical communications infrastructures. We are pleased to be able to offer our clients the most advanced customized information and technology solutions that are sustainable, reflect today's constrained budget environment, and meet the unique needs of our range of clients." In addition to its federal clients, Jacobs' commercial customers in the telecom end-market also benefit from the company's expanded channel partner agreements and technology lifecycle management offerings. In the past year Jacobs has bolstered its telecom capabilities for both public and government clients, supported by a number of acquisitions that together enhance its ability to provide a broad suite of information technology and telecommunications services across multiple end-markets. Jacobs is one of the world's largest and most diverse providers of technical professional and construction services.