Jacobs Selected to Support Delivery of United Kingdom Nuclear Power Station
Jacobs (NYSE: J) was selected by Sizewell C for a five-year Professional Services Framework to support delivery of a twin-reactor nuclear power station on the Suffolk coast through 2030.
Rhea-AI Summary
Jacobs (NYSE: J) was selected by Sizewell C for a five-year Professional Services Framework to support delivery of a twin-reactor nuclear power station on the Suffolk coast through 2030. Jacobs will provide program management, project delivery, design and engineering to meet Sizewell C's highly regulated technical and delivery requirements. The plant is expected to generate around 3.2 gigawatts of low-carbon electricity for approximately six million homes, support tens of thousands of UK jobs, create 1,500 apprenticeships, and deliver billions of pounds in supply-chain opportunities. Jacobs notes ~$12 billion annual revenue and ~43,000 staff supporting its global nuclear experience.
Positive
- Five-year Professional Services Framework awarded for Sizewell C
- Project expected to generate approximately 3.2 GW of electricity
- Creates 1,500 apprenticeships and supports tens of thousands of jobs
- Delivers billions of pounds in local and national supply-chain opportunities
Negative
- Announcement does not disclose the framework's contract value
- Delivery must meet highly regulated technical and delivery requirements
Details
News Market Reaction – J
On Jan 20, the day this news came out, J closed 2.65% below the previous close.
Data tracked by StockTitan Argus for the Jan 20 session.
Key Figures
- Homes powered
- approximately six million homes
- Planned output of Sizewell C nuclear station
- Framework duration
- five-year framework
- Professional Services Framework term through 2030
- Apprenticeships
- 1,500 apprenticeships
- Projected workforce development from Sizewell C project
- Generating capacity
- around 3.2 gigawatts
- Expected electricity output once Sizewell C is operational
- Nuclear experience
- more than 60 years
- Jacobs’ experience in the global nuclear industry
- Annual revenue
- approximately $12 billion
- Company description in the release
- Employees
- almost 43,000
- Jacobs’ workforce size in the release
- Program horizon
- through 2030
- Sizewell C program and project delivery framework timeline
Historical Context
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Secured two engineering and program-management contracts in Suffolk, Virginia.
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Scheduled fiscal Q1 2026 earnings release and conference call details.
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Agreed to acquire remaining stake in PA Consulting with defined consideration mix.
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Selected as joint venture independent certifier for Australian faster rail project.
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Chosen to manage multi-phase utility infrastructure development in El Paso, Texas.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Sizewell C Program and Project Delivery Framework to support new low-carbon nuclear power station in Suffolk through 2030
The framework forms part of Sizewell C's plan to mobilize world-class capability to support the delivery of the twin-reactor nuclear plant, planned to produce reliable, low-carbon electricity for approximately six million homes and contribute to achieving the
Jacobs Executive Vice President Europe Richard Sanderson said: "Sizewell C represents a critical step in securing the
Sizewell C estimates the project will support tens of thousands of jobs across the
Jacobs' appointment builds on more than 60 years of experience supporting the global nuclear industry across the full asset lifecycle—from new build programs to decommissioning and waste management and disposal. The company continues to play a leading role in the
At Jacobs, we're challenging today to reinvent tomorrow – delivering outcomes and solutions for the world's most complex challenges. With approximately
About Sizewell C
Sizewell C is a new 3.2GW nuclear power station being built on the
Certain statements contained in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that do not directly relate to any historical or current fact. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will," "would," "could," "can," "may," and similar words are intended to identify forward-looking statements. We base these forward-looking statements on management's current estimates and expectations, as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements including, but not limited to, uncertainties as to, the timing of the award of projects and funding and potential changes to the amounts provided for under the Infrastructure Investment and Jobs Act and other legislation and executive orders related to governmental spending, including any directive to federal agencies to reduce federal spending or the size of the federal workforce, and changes in
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