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SNC-Lavalin Group Inc
Symbol SNC
Shares Issued 175,554,252
Close 2021-04-13 C$ 26.79
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SNC-Lavalin JV wins architect-engineer service contract

2021-04-14 09:29 ET - News Release

Mr. Ian Edwards reports

SNC-LAVALIN-LED JOINT VENTURE SELECTED BY U.S. AIR FORCE CIVIL ENGINEER CENTER

SNC-Lavalin Group Inc. will be the managing partner of a joint venture team selected by the U.S. Air Force Civil Engineer Center (AFCEC) under a five-year, with five one-year options, indefinite-quantity/indefinite-delivery, multiple-award contract to provide architect-engineer (AE) services for Department of Defense (DoD) installations and facilities worldwide. The contract has a shared ceiling of $2-billion (U.S.).

Under this contract, SNC-Lavalin's Atkins business will perform planning, assessments, design, construction phase design and field inspection services to support the construction of new DoD facilities and the modernization of existing ones. Design projects will include hangars, air traffic control towers, parking, sidewalks, access roads, driveways, and ammunition and explosive storage magazines. The company will work as part of a joint venture including Black & Veatch and FSB.

"Working in close collaboration with our clients, we offer an optimum mix of engineering, consulting, business change management and broad multidiscipline experience [and] thus are able to maximize value from engineering investments. We provide robust solutions to combat the emerging threats faced by the national security sector and deliver complex transformation programs of national significance," said Ian L. Edwards, president and chief executive officer of SNC-Lavalin. "Our team also has extensive experience in providing support to the Canadian Department of National Defence and the U.K.'s Ministry of Defence on various domestic and international projects and look forward to this partnership in line with our strategic objective of growing our scope in the U.S. market."

"We have a proud and long history working with the DoD delivering complex, forward-thinking projects from vision to reality for a sustainable lifespan; this contract is a step forward in SNC-Lavalin's strategy to be a valued engineering solutions provider for the U.S. Department of Defense," said George Nash, chief executive officer, Atkins, North America, SNC-Lavalin. "By utilizing our critical knowledge, qualified people, diverse locations around the world and quality-driven culture, we will be able to carry out this work anywhere the Air Force designates as critical to their mission."

The AFCEC is a unit of the Air Force Installation and Mission Support Center. The centre is responsible for providing responsive, flexible, full-spectrum installation engineering services, including facility investment planning, design and construction, operations support, real property management, energy support, and environmental compliance at more than 75 locations worldwide.

Since 1960, SNC-Lavalin's Atkins business has performed AE services for DoD facilities at 72 Air Force bases, 40 U.S. Army Corps of Engineer districts and 54 U.S. Army installations, as well as for U.S. Naval Facilities Command, USAF Major Commands and other DoD agencies.

About SNC-Lavalin Inc.

Founded in 1911, SNC-Lavalin is a fully integrated professional services and project management company with offices around the world. SNC-Lavalin connects people, technology and data to help shape and deliver world-leading concepts and projects while offering comprehensive innovative solutions across the asset life cycle. The company's expertise is wide ranging -- consulting and advisory, intelligent networks and cybersecurity, design and engineering, procurement, project and construction management, operations and maintenance, decommissioning and sustaining capital -- and delivered to clients in four strategic sectors: EDPM (engineering, design and project management), infrastructure, nuclear and resources, supported by capital.

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