URS to Provide Aircraft Maintenance Services to US Navy

Task Orders Have a Maximum Value of $120.5 M to URS

URS Corporation (NYSE: URS) today announced that it has been awarded task orders from the Department of Defense to provide maintenance support services for U.S. Navy aircraft at Naval Air Stations in California, Washington and Virginia. The five two-year task orders, which were awarded under URS' Contract Field Teams (CFT) Indefinite Delivery/Indefinite Quantity contract with the Department of Defense, have a maximum value of $120.5 million to URS. Under the task orders, URS will provide flight line support, organizational level maintenance, corrosion control, tool room management and services to support approximately 300 aircraft. Commenting on the contract, Randall A. Wotring, President of Federal Services for URS, said: "We are pleased to have been selected for these task orders, which allow us to continue and expand our work for the U.S. Navy through the important Contract Field Teams program. These awards highlight URS' experience and skill in supporting the maintenance and upkeep of a variety of essential Navy aircraft."

Source: URS Corp.
Date: Nov 23, 2010