Jacobs Awarded Contract Renewal with Atlanta Airlines Terminal Company

DALLAS, May 18, 2022 /PRNewswire/ -- Jacobs (NYSE:J) was awarded a five-year contract renewal with Atlanta Airlines Terminal Company, LLC (AATC) for facility maintenance services at one of the world's premier aviation facilities, Hartsfield-Jackson Atlanta International Airport (H-JAIA).

The more than $60-million agreement will expand Jacobs' and AATC's innovative relationship and help achieve continued delivery excellence.

"Jacobs has embraced AATC's forward-thinking programs and vision over the years, which has allowed us to deliver world-class facility services," said Jacobs Global Vice President of Operations Management and Facilities Services Steve Meininger. "As we enter the post-pandemic world, it is critical to reimagine our services to best support AATC. By implementing new technologies and adopting new delivery models, Jacobs will continue to support AATC's continued growth and deliver on our promise to create a more connected, sustainable world."

Jacobs will deploy ion©, a performance data integration and visualization platform that aggregates data from other contractors. AATC will leverage the platform to enhance visibility, timesaving efficiency, better forecasting and real-time analytics.

Additionally, Jacobs proposed a two-zone service delivery model to optimize and streamline resources as the airport looks to return to normal passenger flows. If accepted, more than 135 Jacobs staff will work shifts in their assigned zone locations to improve wrench time efficiencies, while specialty craft resources and reactive response teams continue to provide airport-wide services. The model will improve airport stakeholder experience and equipment reliability and allow staff to develop more specialized skills for maintaining and repairing equipment and building systems.

"Jacobs has been a great partner over the past 11 years and has time and again proved dedication to AATC and the large H-JAIA community," said AATC Vice President of Facilities Gary Merrow. "During the pandemic, Jacobs worked diligently to make sure all critical functions were properly staffed to ensure uptime goals of all systems were met. Their support with our intelligent airport, iAirport, and ISO 55001 initiatives continue to keep our operational aspects world class."

Since 2010, Jacobs has performed first-rate facility maintenance services, including repair, maintenance and operations of mechanical, electrical, plumbing, ramp repairs and more for 10.3 million square feet of the airport's Central Passenger Terminal Complex. Its success can be measured by the International Organization for Standardization (ISO) designations secured by AATC under Jacobs' guidance, which have helped increase passenger satisfaction.

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 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. 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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SOURCE Jacobs