Jacobs Engr Group Inc Stock Price, News & Analysis

The Board of Directors of Jacobs (NYSE:J) has announced a quarterly cash dividend of $0.21 per share. This dividend is scheduled for payment on August 27, 2021, to shareholders recorded as of July 30, 2021. Jacobs reported revenues of $14 billion and employs around 55,000 people, providing a wide range of professional services across multiple sectors. This move indicates confidence in sustaining shareholder returns amidst ongoing development efforts.

Jacobs (NYSE:J) has secured a contract to provide design services for the upgrade of TasWater's Bryn Estyn Water Treatment Plant in Hobart, Australia. The upgrade, costing over $155 million, aims to boost capacity to 160 mega liters per day to meet future demand and ensure safe drinking water through a new multi-barrier approach. This project marks the first significant upgrade by the Capital Delivery Office of TasWater, which manages extensive capital works in Tasmania. With $14 billion in revenue, Jacobs specializes in consulting and project delivery.

Jacobs (NYSE:J) has been awarded a $455 million contract by Auckland Transport to design, consent, and construct the Eastern Busway, which includes stages 2, 3, and 4. The project aims to deliver approximately five kilometers of busway, enhancing transit between Botany and Panmure and expected to serve 30,000 passengers daily upon completion in 2025. This initiative is projected to stimulate urban regeneration and improve access for residents in South and East Auckland.

Jacobs (NYSE:J) has been selected by NICDC to provide master planning and engineering design for three new industrial developments in South India, enhancing global manufacturing capabilities. The projects aim to create smart industrial cities with advanced infrastructure, utilizing innovative technology and digital tools. Jacobs brings over 12 years of experience working with NICDC, which will aid in diversifying India's economy and fostering long-term growth.

The developments are strategically located in Kerala and Tamil Nadu, expected to attract high-value manufacturing investments.

Jacobs has secured a new contract from the U.S. Army Corps of Engineers (USACE) with a shared capacity valued at $200 million. This contract focuses on planning, design, and construction services for facilities related to the Air Force's B-21 mission, mainly at multiple Air Force Bases including Ellsworth, Dyess, and Whiteman. The contract features a five-year base period with an optional two years. Jacobs, with approximately $14 billion in revenue, emphasizes its dedication to innovative solutions in defense and infrastructure.

Jacobs (NYSE: J) is taking significant steps in addressing climate change by offering its global workforce the Climate Solutions Accelerator, a 90-minute online course focused on climate education and actionable solutions. This initiative is a collaboration with reputable institutions, aiming to empower employees to understand their role in mitigating climate change and to develop necessary green skills. Jacobs, which achieved net zero carbon emissions in 2020, continues to pursue ambitious sustainability targets, including carbon negativity by 2030.

Jacobs (NYSE:J) has been selected by Health Infrastructure to provide architectural services for the Royal Prince Alfred (RPA) Hospital Stage 1 Redevelopment in New South Wales, valued at $582 million. This project aims to expand healthcare facilities to meet community demand, including increasing inpatient beds and enhancing emergency services. Jacobs is known for its sustainable design strategy, which will involve repurposing existing structures. The project is fast-tracked as part of the NSW government's COVID-19 Recovery Plan, aiming to create jobs and bolster the economy.

Jacobs (NYSE:J) has secured two significant rail contracts from KiwiRail to enhance Auckland's rail network under the Auckland Metro Rail Programme. The company will serve as the lead designer for the Wiri to Quay Park project, which aims to alleviate congestion with an additional track. Furthermore, Jacobs, in collaboration with partners, will electrify 11.8 miles of track for the Papakura to Pukekohe project, improving direct commuting for passengers. These projects support Auckland's growth and are backed by substantial government investment.

Jacobs (NYSE:J) has been awarded the Idaho Cleanup Project (ICP) at the Idaho National Laboratory (INL) with a contract value of $6.4 billion over 10 years. Jacobs, as part of the Idaho Environmental Coalition LLC, has supported the Department of Energy's environmental management goals since 2005. The project focuses on the safe cleanup of hazardous waste from Cold War activities, protecting environmental resources like the Snake River Plain Aquifer. Jacobs aims to create high-quality jobs and foster community benefits while meeting DOE's end state objectives.