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Jacobs Receives BMW Contract


June 2006
 Filed under: BMW CORPORATE Car News | BMW CORPORATE Headlines
TULLAHOMA, Tenn., June 6 /PRNewswire-FirstCall/ -- Jacobs Engineering Group Inc. (NYSE:JEC) announced today that a subsidiary company received a contract from BMW to construct and commission their Aerodynamisches Versuchszentrum (AVZ), a new aerodynamic research and development center to be located in Munich, Germany. Jacobs recently completed the design of the AVZ, which will encompass an aerodynamic model wind tunnel, a full-scale wind tunnel, and a large supporting building, providing BMW with a state-of-the-art technical facility to develop next generation vehicles.
Officials did not disclose the contract value.

In making the announcement, Jacobs President and Chief Executive Officer Craig Martin stated, "This contract provides an excellent opportunity to advance our relationship with BMW. We have worked closely with BMW to design the AVZ to meet their current and future needs."

Jacobs, with over 40,000 employees and revenues exceeding $6.0 billion, provides technical, professional, and construction services globally.

Any statements made in this release that are not based on historical fact are forward-looking statements. Although such statements are based on management's current estimates and expectations, and currently available competitive, financial, and economic data, forward-looking statements are inherently uncertain. We, therefore, caution the reader that there are a variety of factors that could cause business conditions and results to differ materially from what is contained in 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 2005 Form 10-K, and in particular the discussions contained under Items 1 -- Business, 3 -- Legal Proceedings, and 7 -- Management's Discussion and Analysis of Financial Condition and Results of Operations. We also caution the readers of this release that we do not undertake to update any forward-looking statements made herein.


Source: Jacobs Engineering Group Inc.

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