URS Corp. (ticker: URS, exchange: New York Stock Exchange (.N))
News Release -
13-Mar-2009
URS Awarded Contract to Provide Training Support to U.S. Military SAN FRANCISCO--(BUSINESS WIRE)--Mar. 13, 2009--
URS Corporation (NYSE:URS) today announced that the Company has been
awarded an indefinite delivery/indefinite quantity contract to provide
simulation, training, and testing solutions to the U.S. military under
the Army's Program Executive Office for Simulation, Training and
Instrumentation (PEO STRI) Omnibus Contract II (STOC II) program. The
multiple-award contract has a maximum potential aggregate value to all
144 awardees including URS of approximately $17.5 billion over a
ten-year period.
Under the terms of the contract, URS can compete for, or be assigned,
task orders for a variety of services, including providing training and
testing, and support to simulated and live training events, as well as
modeling, instrumentation, telecommunications, targeting and gaming
systems.
Commenting on the contract award, Randall A. Wotring, President of the
EG&G Division, said: "We are very pleased to have been selected for this
contract, which underscores URS' expertise in the provision of systems
engineering, technical assistance and training services to the U.S.
military. We look forward to supporting the PEO STRI's efforts to
provide cutting-edge programs and systems for the training of U.S.
military as part of this program."
URS Corporation (NYSE: URS) is a leading provider of engineering,
construction and technical services for public agencies and private
sector companies around the world. The Company offers a full range of
program management; planning, design and engineering; systems
engineering and technical assistance; construction and construction
management; operations and maintenance; and decommissioning and closure
services. URS provides services for power, infrastructure, industrial
and commercial, and federal projects and programs. Headquartered in San
Francisco, the Company operates through three divisions: the URS
Division, the EG&G Division and the Washington Division. URS Corporation
has more than 50,000 employees in a network of offices in more than 30
countries (www.urscorp.com
).
Source: URS Corporation
URS Corporation Sam Ramraj, 415-774-2700 Vice
President, Investor Relations or Sard Verbinnen & Co Hugh
Burns / Jamie Tully / Jane Simmons 212-687-8080
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