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Jacobs wins contract to support Air Force Materiel Command

Jacobs Engineering Group Inc. (NYSE: JEC) announced that it received a design and engineering support program (DESP) III prime contract from the Air Force Materiel Command (AFMC) Contracting Directorate.

Officials estimate the potential value of this multiple-award indefinite delivery/indefinite quantity (IDIQ) contract to be $1.9 billion over the seven-year period of performance.

Under the DESP III contract, Jacobs is providing engineering services to support AFMC weapon systems, components and support equipment. Since 2005, Jacobs has provided program management, systems and specialty engineering, logistics support and research and development as a prime contractor on the predecessor DESP II contract.



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