Jacobs Engr Group Inc Stock Price, News & Analysis

Jacobs (NYSE:J) has secured a $99.8 million contract for Underwater Launch Test Capability services from the Naval Surface Warfare Center in Crane, Indiana. This contract includes the integration and activation of specialized test equipment and support for launch test operations. The partnership enhances Jacobs' ongoing collaboration with NSWC Crane, which began in 2019, and focuses on interoperability between various hardware and software systems. Jacobs reported approximately $15 billion in annual revenue, emphasizing its commitment to advanced engineering solutions for the military sector.

Jacobs (NYSE:J) has secured a $99 million indefinite delivery indefinite quantity (IDIQ) architecture and engineering services contract with the United States Air Force for its bases in Japan. The contract involves a five-year base period with an option for an additional two years and covers design, construction management, and other professional services. Jacobs aims to leverage its extensive experience of over 30 years with the USAF in Japan, collaborating with local sub-consultants for compliance on hazardous materials and investigations.

Jacobs congratulates NASA on the successful Artemis I mission, marking a significant milestone as the Orion spacecraft safely returns from a 1.4-million-mile journey around the moon. Jacobs played a vital role in the mission, including the recovery of Orion and development of critical systems at multiple NASA centers. With approximately $15 billion in annual revenue, Jacobs is committed to advancing deep space exploration and scientific discovery through future Artemis missions, while also being NASA's largest services contractor.

Jacobs (NYSE:J) has been awarded a four-year contract by the U.K.'s Office for Nuclear Regulation (ONR) to provide engineering and technical support services. This contract emphasizes Jacobs' extensive experience and expertise in nuclear safety, as they have supported the ONR for over 20 years. The company will assist in various areas, including reactor core physics, decommissioning, and cybersecurity, contributing to the U.K.'s goal of achieving net-zero carbon emissions by 2050.

Jacobs (NYSE:J) has secured a contract to assist the UK's fusion energy research program, as appointed by the UK Atomic Energy Authority (UKAEA). The project will involve Jacobs' professionals integrated into UKAEA teams, focusing on advanced research in areas such as machine design and robotics. Fusion energy holds promise for generating sustainable, low-carbon electricity, potentially transforming the energy landscape. Jacobs aims to leverage its long-standing experience in fusion energy, contributing to key facilities like the Tritium Advanced Technology facility, enhancing its engineering and scientific capabilities.

On November 16, 2022, Jacobs announced its support for NASA's Artemis I mission, marking a significant milestone in deep space exploration. The uncrewed Orion spacecraft launched successfully from Kennedy Space Center, aimed at testing systems for future human missions to the moon. Jacobs, as the prime contractor for NASA's Exploration Ground Systems, is responsible for integrating essential components and ensuring the mission's success. With $14 billion in revenue, Jacobs is a leading services contractor for NASA, contributing to various aspects of the Artemis program.

Jacobs (NYSE:J) will release its fiscal fourth quarter and full year 2022 earnings results on November 21, 2022, before the market opens. A conference call will follow at 10:00 a.m. ET, where management will discuss the company's performance and operational trends. Jacobs reported $14 billion in revenue, supporting its extensive range of professional services across government and private sectors. Interested parties can access the call via a webcast on the company's website.

Jacobs has appointed Shannon Miller as the new EVP and President of its Divergent Solutions unit as part of the Boldly Moving Forward Strategy. This initiative aims to enhance transformative data solutions, focusing on cyber, intelligence, data, and technology. Miller, with almost 25 years at Jacobs, previously served as Chief Growth Officer. Divergent Solutions will operate through three business units, aiming to drive strategic growth and foster industry disruption. Jacobs aims to solve critical global issues and boasts $14 billion in revenue and a workforce of over 55,000.

Jacobs has secured a four-year Design & Project Services Framework with National Grid in the U.K. This framework aims to enhance the resilience and capacity of the electricity transmission network, supporting the country's net-zero and decarbonization goals. Jacobs will deliver a variety of services, including feasibility studies, detailed design, and project assurance across 10 Lots in National Grid's Transmission portfolio. The partnership extends Jacobs' 15-year collaboration with National Grid and emphasizes a commitment to innovative and efficient project solutions.