Press Release May 11, 2022

Jacobs Awarded ATOM-5 Contract at NASA Ames Research Center

Agreement extends 23+ years supporting ATOM contract to further future space exploration; Project drives company strategy through innovative solutions and technologies

DALLAS, May 11, 2022 /PRNewswire/ -- Jacobs (NYSE:J) was awarded the Aerospace Testing and Facilities Operations and Maintenance (ATOM-5) contract at NASA Ames Research Center in Moffett Field, California.

Jacobs is scheduled to transition to the new contract on June 2, 2022, to continue aerospace testing, facility operations and maintenance, IT system administration and support services for NASA Ames Research Center. The contract value is estimated at $220 million over five years including a one-year base period and four one-year options.

"This latest contract at the Ames Research Center allows us to continue our direct experience on the ATOM contract and our more than 60-year relationship with NASA," said Jacobs Executive Vice President and President of Critical Mission Solutions Steve Arnette. "Ames' world-class aerodynamic and aerothermal test capabilities are vital to current and next-generation aerospace programs. Jacobs welcomes the opportunity to continue enabling America's aeronautics, science and space technology programs to provide advanced R&D, scientific and technical solutions for a more connected and sustainable world."

Under this contract, Jacobs will be responsible for operation, maintenance, repair and management of Ames test facilities; planning, preparation, scheduling and execution of aeronautics and space technology tests; and design, implementation and checkout of advanced development projects. These tasks will support the Aeronautics Research Mission directorate, the Exploration Systems Development Directorate, the Space Launch System and the Orion Multi-Purpose Crew Vehicle, in addition to commercial entities and other government agencies.

Jacobs' work history at NASA Ames Research Center dates to 1965 when it began operating the Center's 12-foot wind tunnel. As NASA's largest services contractor, Jacobs is a provider and integrator of full lifecycle aerospace capability, including design and construction; base, mission and launch operations; sustaining capital maintenance; secure and intelligent asset management; and development, modification, and testing processes for fixed assets supporting national government, military, defense and NASA, as well as commercial space companies.

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 $14 billion in revenue and a talent force of approximately 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 FacebookInstagramLinkedIn 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. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will," "would," "could," "can," "may," and similar words are intended to identify 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 timing of the award of projects and funding under the Infrastructure Investment and Jobs Act as well as general economic conditions, including inflation, changes in interest rates, foreign currency exchange rates, and changes in capital markets, geopolitical events and conflicts, and the impact of the COVID-19 pandemic, including the related reaction of governments on global and regional market conditions and the company's business, among others. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see 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 in our most recently filed Annual Report on Form 10-K, ,and  Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Item 1 - Legal Proceedings; and Item 1A - Risk Factors in our most recently filed Quarterly Report on Form 10-Q, 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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Kerrie Sparks

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SOURCE Jacobs