URS Selected to Provide Legacy Electronic Systems Support for the Navy Tactical Computer Resources Program

Contract Has Maximum Value of $40 Million

SAN FRANCISCO--(BUSINESS WIRE)--URS Corporation (NYSE:URS) today announced that it has been selected to provide on-going repair, recertification, refurbishment and technical support for the Navy Tactical Computer Resources (NTCR) program. The indefinite delivery/indefinite quantity contract has a 24-month base period, followed by three twelve-month priced options. If all options are exercised the contract has a five-year maximum value of $40 million to URS. There also are five additional option years, which currently are unpriced.

The scope of the legacy electronics contract includes providing depot repair support to the Naval Surface Warfare Center (NSWC), Crane Division, in Crane, Indiana, and the Naval Inventory Control Point in Mechanicsburg, Pennsylvania. The electronics are used in Navy standard computers, displays and peripherals used in navigation, communication and fire control systems embedded in most surface and subsurface combatants.

Commenting on the contract award, Randall A. Wotring, President of the EG&G Division, said: “We are very proud to have been selected to support the Navy in its effort to ensure the upkeep and readiness of critical legacy equipment. URS is a leading provider of engineering and electronics support to the Department of Defense and we look forward to continuing our work on the NTCR 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).

Contacts

URS Corporation
H. Thomas Hicks, 415-774-2700
Vice President
& Chief Financial Officer
or
Sard Verbinnen & Co
Hugh Burns/Jamie Tully/Jane Simmons
212-687-8080

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