Le Lézard
Classified in: Environment, Business, Covid-19 virus
Subject: CON

Jacobs Awarded Contract Extension to Support UK's Nuclear Power Plants


DALLAS, Oct. 12, 2021 /PRNewswire/ -- Jacobs (NYSE:J) was awarded an extension to its Project Management Resources (PMR) contract with EDF Nuclear Generation, operator of the U.K.'s nuclear power plants. The Jacobs team will continue to support the stations, which account for about 17% of the country's electricity output.

This involves supporting the seven advanced gas-cooled reactor (AGR) stations, including the transition from generation to defueling, and the long-term operation program for the Sizewell B pressurized water reactor. EDF estimates the April 2022 ? March 2024 extension at more than $44 million (£32.5 million).

Now in its seventh year, the PMR contract supports work for more than 150 project management specialists. Jacobs is now recruiting for locations across the U.K. and welcomes those with diverse, non-nuclear experience.

"The agreement to extend was made ten months in advance, reflecting EDF's confidence in Jacobs and our record of successful delivery," said Jacobs Energy, Security and Technology Senior Vice President Karen Wiemelt. "We will assist EDF to maximize generation from these vital national assets for the remainder of their operating lives and to transition smoothly toward defueling and decommissioning."

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With $14 billion in revenue and a talent force of approximately 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit jacobs.com and connect with Jacobs on Facebook, InstagramLinkedIn and Twitter.

Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. 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, including, but not limited to, the impact of the COVID-19 pandemic, including the emergence and spread of variants of COVID-19, and the related reaction of governments on global and regional market conditions and the company's business. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see our Annual Report on Form 10-K for the year ended October 2, 2020, and in particular the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations, and our Quarterly Report on Form 10-Q for the quarter ended July 2, 2021, and in particular the discussions contained under Part I, Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Part II, Item 1 - Legal Proceedings; and Part II, Item 1A - Risk Factors, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.

For press/media inquiries:
Kerrie Sparks
214.583.8433

 

SOURCE Jacobs


These press releases may also interest you

at 14:35
Plastic pollution is everywhere in the environment, travelling beyond national borders, posing a risk to wildlife, and damaging ecosystems. Plastic production and waste is set to triple by 2060, and up to 37 million metric tons of plastic pollution...

at 14:05
Enrich Foods, a Columbia Grain International company, believes good food starts from the ground up. Rice is the primary staple food for more than half the world's population (USDA). However, traditional rice growing methods involve fully flooded rice...

at 14:00
SolarTech, a premier solar company based in California, proudly announces the appointment of Dan Reicher to its board of directors. Renowned as an entrepreneur, investor, policymaker, lawyer, and educator, Reicher brings unparalleled expertise and...

at 13:50
Arizton's latest research report shows that the US home energy management systems market is growing at a CAGR of 15.12% from 2023-2029.  To Know More, Click:...

at 13:45
EARTHDAY.ORG, the global force behind Earth Day, is partnering with the Out of Home Advertising Association of America (OAAA), the leading trade group representing the entire out of home (OOH) advertising industry,  for the sixth year in a row! OAAA...

at 13:40
Three Georgia-based solar companies have joined together to design, build and construct an innovative solar array atop the parking deck at Georgia Power's headquarters in Atlanta, Georgia. Radiance Solar, LLC, a leading engineering, procurement,...



News published on and distributed by: