Jacobs Engineering Group Inc.
), a construction services provider, received yet another
contract from NASA; this time for NASA's Johnson Space Centre
(JSC) based in Houston, Texas. The contract is valued at $1.93
The contract involves a tender for engineering, technology and
science services to be rendered by Jacobs. The five-year contract
begins on May 1, 2013, with an option of two renewals of two
This deal is a part of the broader JSC Engineering, Technology
and Science (JETS) contract, which serves the NASA JSC's
Engineering Directorate and Astromaterials Research and
Exploration Science Directorate. Per the broader contract,
services like sustaining engineering, engineering design and
development, technology development, test services will be
provided to various NASA programs and offices. The beneficiaries
of the contract include International Space Station, Orion,
Advanced Exploration Systems, the Chief Technologist and
Commercial Crew and Cargo and Mars Science Laboratory science
research and operations.
Jacobs is not the only service provider under the contract.
Other companies that are a part of the contract are Aerodyne
Industries, Barrios Technology, ERC Inc., UTC Aerospace Systems,
GeoControl Systems, Inc., HX5 Inc., Oceaneering Space Systems,
Jacobs has so far received a healthy stream of contracts from
NASA, which indicate not only a cordial relationship but also a
firm faith in each other's capabilities.
Jacobs is one of the world's largest and most diverse
providers of technical, professional and construction services.
The stock currently holds a Zacks Rank #3 (Hold). One of its
Quanta Services Inc.
), holds a Zacks Rank #1 (Strong Buy); whereas others like
AECOM Technology Corporation
) hold a Zacks Rank #2 (Buy).
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