NASA signs contract option

NASA signed a one-year contract option with Jacobs Technology Inc., of New Orleans to continue manufacturing support and facilities operations at the Michoud Assembly Facility in New Orleans. The one-year contract option begins May 1, 2012. The mission services contract has a potential mission services value of $37 million and a potential maximum order quantity value of $137 million, with the exercise of this first option period. The contract was originally awarded in May 2009. (Source: PRNewswire, 02/27/12)