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Jacobs Engr Group Inc (NYSE: J) delivers critical infrastructure solutions through engineering excellence and sustainable practices. This news hub provides investors and industry professionals with authoritative updates on the global engineering leader’s developments.
Access consolidated press releases and verified news covering quarterly earnings, strategic acquisitions, and major project milestones. Track the company’s progress in water infrastructure modernization, cybersecurity initiatives, and environmental sustainability programs across 40+ countries.
Our curated collection features essential updates including government contract awards, technology partnerships, and industry recognition. Stay informed about Jacobs’ role in energy transition projects and climate resilience planning through primary source materials.
Bookmark this page for reliable updates on one of the engineering sector’s most diversified firms. Monitor how Jacobs’ integrated project delivery model and digital transformation expertise continue shaping global infrastructure development.
Jacobs (NYSE: J) has secured a significant environmental services contract with the U.S. Air Force Civil Engineer Center (AFCEC). The contract, valued at $1.5 billion, involves delivering architecture and engineering services globally through an indefinite delivery indefinite quantity (IDIQ) multiple award task order contract.
The agreement spans a five-year base period with one five-year option period, focusing on environmental restoration, conservation, planning, and quality. Services include planning, investigation, assessment, design, construction phase design, and field inspection for the U.S. Air Force and other federal agencies.
Notably, Jacobs ranks No. 1 in Sanitary & Storm Sewers, Sewer & Waste and Wastewater Treatment, and No. 2 in Chemical & Soil Remediation and Site Assessment & Compliance according to Engineering News Record in 2024. The company generates approximately $12 billion in annual revenue with a workforce of almost 45,000 employees.
Jacobs (NYSE: J) has announced its upcoming fiscal second quarter 2025 earnings release and conference call schedule. The company will release its Q2 2025 financial results before market open on Tuesday, May 6, 2025. Management will host a conference call at 10:00 a.m. ET to discuss the company's results and operating trends. Investors and interested parties can access the conference call and accompanying presentation slides through a webcast available on jacobs.com.
Jacobs (NYSE: J) has secured a $137 million contract from the Virgin Islands Public Finance Authority to provide program management services for the 'Rebuild USVI' initiative. The project aims to rebuild critical infrastructure in the U.S. Virgin Islands following the devastation caused by hurricanes Irma and Maria in 2017.
The three-year contract involves managing simultaneous infrastructure projects including hospitals, schools, transit corridors, power, water and wastewater utilities across St. Croix, St. Thomas, and St. John. Jacobs will work with the U.S. Virgin Islands' Super Project Management Office to oversee the territory's $23 billion in federal funding.
The company will provide advisory and consulting services focused on future project planning, environmental management, logistics, supply chain and workforce challenges. Jacobs was selected based on their responsiveness, expertise, pricing, resources, innovation, and strategic partnerships.
Jacobs (NYSE:J) has received the final post-closing adjustments from the Critical Mission Solutions (CMS) Separation Transaction, consisting of $70 million in cash and 7,299,065 shares of Amentum Holdings (NYSE: AMTM) common stock. The cash portion has been used to reduce Jacobs' outstanding debt.
The Amentum shares, representing 3% of Amentum's outstanding shares at the transaction closing, are planned to be distributed pro rata to Jacobs' shareholders, pending Board approval. This distribution will occur on a yet-to-be-determined record date. This adjustment determination marks the completion of the CMS Separation Transaction, with only transition services and post-closing assistance remaining.
Jacobs (NYSE: J) has been selected by PsiQuantum to provide master planning, schematic design, and owner's engineer services for a groundbreaking utility-scale quantum computer facility in Brisbane, Australia. The 540,000 square foot complex will include a main office building, large-scale cryoplant, and Quantum Computing Center.
The project, scheduled to begin construction in late 2025 with completion by end of 2027, will be located near Brisbane Airport. The facility aims to create one of the world's first utility-scale, fault tolerant quantum computers capable of solving complex problems beyond the reach of conventional or AI computers.
This initiative aligns with Australia's National Quantum Strategy and its vision for advancing the quantum industry. The quantum computer will have potential applications across various sectors including healthcare, pharmaceuticals, chemicals, energy, national defense, and food production.
Jacobs (NYSE:J) has successfully completed an equity for debt exchange, reducing its debt by approximately $312 million. The company exchanged 19,464,174 shares of Amentum Holdings common stock for about £240 million in JEG term loans through a registered public offering that closed on March 13, 2025.
The transaction represents a significant step in Jacobs' business transformation strategy toward becoming a science-based consulting and advisory company focused on resilient, digitally enabled infrastructure solutions. Additionally, 9,732,087 Amentum shares remain in escrow, pending performance milestones related to the September 2024 merger of Jacobs' Critical Mission Solutions and Cyber & Intelligence businesses with Amentum Parent Holdings
Amentum Holdings (NYSE: AMTM) has announced the pricing of its secondary public offering of 19,464,174 shares at $16.50 per share. The offering is expected to close on March 13, 2025.
The transaction involves a debt-for-equity exchange where a Jacobs Solutions subsidiary will exchange these shares with a BofA Securities affiliate (the Selling Shareholder), who will then sell them to the offering's underwriters. Amentum will not receive any proceeds from this transaction.
After the offering's completion, Jacobs will cease to hold Amentum shares, except for potential future receipt of 9,732,087 escrowed shares subject to performance milestones. The offering's joint book-running managers include BofA Securities, J.P. Morgan, Morgan Stanley, BNP Paribas, and TD Cowen.
Jacobs (NYSE: J) has been selected by the Boise Airport to support its multi-year capital expansion plan, responding to an 81% increase in passenger demand over the past decade. The project includes the construction of Concourse A, renovation of Concourse B, and potential terminal facility improvements.
As the owner's representative, Jacobs will oversee planning, design, and initial operations. The design phase for both concourses will begin in 2025. The expansion aims to accommodate growing demand in Idaho's capital, which currently connects to 27 non-stop destinations.
Jacobs, ranked No. 2 in Transportation by Engineering News-Record, brings expertise from major projects including Denver International Airport, Hartsfield-Jackson Atlanta International Airport, and the Manchester Airport Transformation Program. The company reports approximately $12 billion in annual revenue with a workforce of almost 45,000.
Amentum Holdings (NYSE: AMTM) has announced a secondary public offering of 19,464,174 shares of its common stock. The company itself is not selling any shares and will not receive proceeds from the offering. Jacobs Solutions Inc. subsidiary will exchange these shares for debt held by a BofA Securities affiliate (the Selling Shareholder), who will then sell the shares to underwriters.
After the offering's completion, Jacobs will no longer hold Amentum shares, except for potential 9,732,087 shares held in escrow pending performance milestones related to the merger of Jacobs' Critical Mission Solutions and Cyber & Intelligence businesses with Amentum. BofA Securities, J.P. Morgan, Morgan Stanley, BNP Paribas and TD Cowen are serving as joint book-running managers for the offering.
Jacobs (NYSE: J) has secured a significant $13.4 million operational technology (OT) cybersecurity contract with Hampton Roads Sanitation District (HRSD). The contract will provide end-to-end cybersecurity services for industrial control systems and physical infrastructure, supporting wastewater treatment services for 1.9 million people in southeast Virginia and the Eastern Shore.
The agreement, one of the largest OT cybersecurity services contracts awarded by a US wastewater utility, includes cybersecurity assessments for over 30 square miles of wastewater infrastructure, design and integration of cybersecurity controls, and continuous monitoring operations. The contract comes amid a surge in cybersecurity threats to critical infrastructure, particularly in the water sector, over the past 18 months.
Jacobs' expertise in this field is demonstrated by their service to more than 40 water utilities across the U.S. in fiscal year 2024. The company currently generates approximately $12 billion in annual revenue and employs a team of almost 45,000 people.
