Jacobs Engr Group Inc Stock Price, News & Analysis

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.

Jacobs' Board of Directors has declared a quarterly cash dividend of $0.21 per share, payable on Oct. 29, 2021, to shareholders on record as of Oct. 15, 2021. This reflects the company's strong commitment to returning value to its shareholders. Jacobs reported $14 billion in revenue and employs around 55,000 professionals, providing a range of services across sectors. The dividend declaration is a positive indicator of the company's financial health and operational stability.

Jacobs (NYSE:J) has secured 13 positions on Transport for London's (TfL) Engineering Consultancy Framework, reaffirming its role as a key service provider. The framework, estimated to last up to four years, allows access to multi-disciplinary design and consultancy services. Jacobs aims to contribute to London's sustainable economic recovery, focusing on innovative solutions to engineering challenges. With $14 billion in revenue and a workforce of approximately 55,000, Jacobs continues to support major TfL projects including Crossrail and the Piccadilly Line Upgrade.

Jacobs (NYSE:J) has been recognized as the Top Global Environmental Consulting Firm and ranked No. 2 in Engineering News-Record's annual survey of the Top 200 Environmental Firms. The company reported $4.6 billion in environmental consulting revenue for 2020, focusing on clean energy, air quality, and water management. Jacobs also excels in hazardous waste remediation and water treatment, among other areas. The firm emphasizes its commitment to Environmental, Social, and Governance (ESG) solutions, achieving nearly $5 billion in ESG-related revenue.