Jacobs Engineering Group Inc (J)

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Jacobs Engineering wins $35 million in NASA deal

Tuesday September 9, 10:52 am ET

Jacobs Engineering wins nearly $35 million for aerospace testing at Calif. NASA center

http://biz.yahoo.com/ap/080909/jacobs_engineering_nasa.html?.v=1

PASADENA, Calif. (AP) -- Jacobs Engineering Group Inc. announced Tuesday it won nearly $35 million for aerospace testing and facilities operations and maintenance at NASA Ames Research Center in California.

The funding will allow additional support for testing and facility operation, development projects and maintenance and repairs on wind tunnels and other facilities at the Ames center at Moffett Field.

The total value of the contract, which extends to July 31, 2009, is $123.8 million.

Jacobs has been providing these particular contract services to NASA Ames since 1998.

Shares of Jacobs Engineering traded at $58.01, down $3.90, or about 6.3 percent.