Jacobs Engr Group Inc Stock Price, News & Analysis

Jacobs (NYSE:J) has secured a $300 million architectural and engineering services contract with NASA under the Southeast Region Architect and Engineering (SERAE) program. This five-year, indefinite delivery/indefinite quantity (IDIQ) contract involves a range of services across multiple NASA sites, including the Kennedy Space Center and Johnson Space Center. Jacobs aims to leverage its extensive experience and long-standing relationship with NASA to deliver innovative solutions. The company recorded $14 billion in revenue and employs about 55,000 professionals, affirming its position as a leader in aerospace services.

Jacobs (NYSE:J) has announced its definitive agreement to acquire BlackLynx, specializing in high-performance software solutions. The acquisition, which aims to enhance Jacobs' cyber and digital solutions portfolio, will enable deeper capabilities in edge computing and real-time insights for national security. With this acquisition, Jacobs will strengthen its presence across 14 of the 18 U.S. Intelligence Community agencies, aligning BlackLynx’s technology with Jacobs' Cyber & Intelligence business unit. The financial details of the agreement were not disclosed.

Jacobs (NYSE:J) is set to release its fiscal fourth quarter and full year 2021 earnings results on November 23, 2021, before market opening. A conference call will follow at 10:00 a.m. ET, where management will discuss the results and operational trends. With an annual revenue of $14 billion and a workforce of approximately 55,000, Jacobs provides comprehensive professional services across various sectors. Interested parties can access the call through a webcast on the Jacobs website.

Jacobs (NYSE:J) has been awarded the Oak Ridge Reservation Cleanup Contract (ORRCC) as part of a joint venture with Amentum and Honeywell, under the United Cleanup Oak Ridge LLC (UCOR). The U.S. Department of Energy estimates the contract value at $8.3 billion over 10 years. This contract will replace a previous agreement and is expected to support over 2,000 jobs in the region. Jacobs has been involved in the cleanup efforts at Oak Ridge since 2003 and aims to enhance environmental, social, and economic impacts in the area.

Jacobs (NYSE:J) has secured a three-year contract with the U.S. Army's Engineer Research and Development Center to implement Engineering With Nature (EWN) principles at DoD facilities. The objectives include engaging the DoD community on nature-based solutions, developing an EWN roadmap, and creating technical guides for application. This initiative aims to enhance resilience against climate change and provide economic and environmental benefits. With $14 billion in revenue, Jacobs continues to lead in environmental consulting, focusing on sustainability and infrastructure resilience.

Jacobs has secured an extension of its Project Management Resources (PMR) contract with EDF Nuclear Generation, enhancing support for the U.K.'s nuclear power plants. This extension, valued at over $44 million, will last from April 2022 to March 2024. Jacobs will continue to manage seven advanced gas-cooled reactor stations and assist in their transition to defueling. The contract extension highlights EDF's trust in Jacobs' capabilities, reflecting a strong record of successful delivery.

Jacobs has completed the front-end engineering design for a new biopolymer production plant in Thailand, operated by NatureWorks, the largest supplier of polylactic acid (PLA). The facility will feature fully integrated operations from sugar fermentation to Ingeo™ biopolymer production, marking a significant step in sustainable biopolymer manufacturing. The plant, expected to begin operations by 2024, strengthens Jacobs' partnership with NatureWorks, focusing on expanding their manufacturing capabilities.