|By Business Wire||
|August 12, 2014 07:45 AM EDT||
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it was selected to receive the 2014 James S. Cogswell Outstanding Industrial Security Achievement Award from the Defense Security Service (DSS). The award was given to Jacobs’ Oxnard, Calif. facility that supports the Naval Air Warfare Center Weapons Division.
The Cogswell Award recognizes contractor facilities for outstanding participation and compliance with the National Industrial Security Program. It is presented on an annual basis to the best in the industrial security field. Of the more than 13,300 cleared contractors, less than one-tenth of one percent are selected annually to receive this award. Including the 2014 award, Jacobs has received the Cogswell award 11 times.
In making the announcement, Jacobs Group Vice President Robert Norfleet stated, “Receiving this prestigious award is a reflection of the dedication of our entire Oxnard team. We are pleased to be recognized by the DSS for our commitment to protecting information that is vital to our nation’s security.”
Established in 1966, the Cogswell Award is named in honor of the late Colonel James S. Cogswell, United States Air Force, the first chief of the unified office of Industrial Security. Colonel Cogswell was responsible for developing the basic principles of the Industrial Security Program and emphasized the importance of the partnership between industry and government to accomplish industrial security objectives.
Jacobs, one of the world’s largest and most diverse providers of technical professional and construction services, is growing its capability to serve the National Security industry. Its recent acquisition of Federal Network Systems (FNS) significantly enhances the company’s capabilities in the design, integration, security, operation and maintenance of highly complex mission critical voice, data and video networks for the Intelligence Community, the Department of Defense, and federal civilian customers.
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. 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 2013 Form 10-K, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We do not undertake to update any forward-looking statements made herein.
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