Press Release Oct 28, 2014

Jacobs Awarded Contracts through Brisbane Airport Airside Panel

PASADENA, Calif.--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it is on a panel of three consultants responsible for delivering more than A$100 million (US$88 million) in airside capital expansion projects for the Brisbane Airport Corporation (BAC) in Brisbane, Australia.

BAC expects passenger numbers to more than double by 2034, and plans to invest more than A$2.5 billion (US$2.2 billion) over the next decade to enhance the airport. Since being appointed to the panel in May 2014, Jacobs has secured four projects with BAC. Under the terms of its contracts, Jacobs is providing:

  • concept design of a new multi-level car park at the domestic terminal; including network roads, connection points and access ramps;
  • concept development and apron grading for the Western Terminal; including preliminary development plans for the proposed new terminal and supporting aprons, taxiway links, airside drainage and perimeter roads;
  • oversight of the upgrade of 11 existing Movement Area Guidance Signs adjacent to Runway 01/19 due to recent structural failure; and
  • subconsultant services to Airbiz for airfield planning consulting associated with a new parallel runway project.

In making the announcement, Jacobs Group Vice President Michael Shirley stated, “We are pleased to serve on the BAC panel and to have secured these contracts. Our combination of project management skills, knowledge of advanced technology systems, and global experience in the construction and delivery of aviation infrastructure and facilities enable us to offer exceptional support to the BAC as it strives to reach its goals to build critical infrastructure.”

Jacobs is one of the world’s largest and most diverse providers of technical professional and construction services.

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. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our 2013 Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We do not undertake to update any forward-looking statements made herein.

Source: Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc.



Michelle Jones, 626-578-6968