Jacobs Engr Group Inc Stock Price, News & Analysis

Jacobs (NYSE: J) has been selected as Technical Services Integration Delivery Partner for the Transpennine Route Upgrade (TRU), a major railway improvement program in the UK. The eight-year framework positions Jacobs as the sole provider of technical system integration services for the 70-mile route connecting York to Manchester.

The company's scope includes technical system integration, scope custodianship, cross-project integration, technical change control, development engineering and design, and program business case production. Jacobs has already contributed to the project through asset management services, performance modeling, and digital twin development.

The TRU social impact program has shown significant results between April 2019 and October 2024, including 320 apprenticeships, engagement of 54,000+ young people in STEAM, over 19,900 days of work experience, and substantial local economic impact with $693 million spent with local businesses and $353 million with SMEs.

Jacobs (NYSE:J) has announced a 10% increase in its quarterly cash dividend. The Board of Directors has declared a dividend of $0.32 per share of common stock, up from the previous quarterly dividend of $0.29. The dividend will be paid on March 21, 2025, to shareholders of record as of the close of business on February 21, 2025.

Jacobs (NYSE:J) has secured a 10-year contract to operate and maintain Jackson, Mississippi's water treatment system through JXN Water. The contract extends their previous short-term O&M agreement that has been serving nearly 180,000 residents. The scope includes managing the O.B. Curtis and J.H. Fewell water treatment plants, groundwater well system, booster stations, and water storage tanks.

Since early 2023, Jacobs has been implementing repairs, upgrades, and process adjustments while supporting capital projects to stabilize the water system. The new contract will focus on comprehensive operation of water treatment facilities, ensuring regulatory compliance, and overseeing JXN Water's capital improvement plan. The company will also work on developing a dedicated workforce to maintain service standards.

Jacobs (NYSE: J) has secured a five-year, $80 million single-award contract from the Naval Facilities Engineering Systems Command (NAVFAC) Atlantic for environmental compliance engineering support. The contract extends Jacobs' ongoing work with the U.S. Navy's multimedia environmental compliance program, covering operations in the eastern U.S., Europe, Africa, and the Middle East.

The scope includes services for petroleum storage tank compliance, oil spill preparedness, air quality compliance, Safe Drinking Water Act and Clean Water Act compliance, and material and waste management. This renewal builds on Jacobs' 40+ years of support to NAVFAC. The company holds top rankings in relevant Engineering News Record categories, including #1 in Sanitary & Storm Sewers and Wastewater Treatment, and #2 in Chemical & Soil Remediation.

Jacobs (NYSE: J) has secured a significant contract with the U.S. Army Corps of Engineers (USACE) Japan District to provide architecture and engineering services for U.S. Department of Defense installations. The contract, valued at $249 million, spans a seven-year period including a five-year base and a two-year option.

The scope encompasses military construction, sustainment, restoration, and modernization services, covering mission operations, accommodation, lifestyle facilities, education sites, and telecommunications. Jacobs will leverage its design-build capabilities to support critical infrastructure across military bases.

The company currently maintains active contracts with U.S. DoD installations across South Korea, Japan, Guam, Europe, and the Middle East, including design services at major Japanese bases like Kadena AB, Yokota Air Base, and Misawa AB, serving all military branches.

Jacobs (NYSE:J) has announced it will release its fiscal first quarter 2025 earnings results before the market opens on Tuesday, February 4, 2025. The company will host a conference call at 10:00 a.m. ET on the same day, where management will present the company's results and operating trends. Investors and interested parties can access the conference call and accompanying presentation slides through a webcast available on jacobs.com.

Jacobs (NYSE: J) has been selected by Ireland's National Transport Authority (NTA) to manage the BusConnects Dublin Core Bus Corridors Infrastructure Works Program, a critical ten-year infrastructure project. The program will deliver approximately 230 kilometers of continuous bus priority corridors and 200 kilometers of cycle paths with improved pedestrian facilities across Dublin and the Greater Dublin Area.

Jacobs will lead an integrated team including Arup, SYSTRA, and Chandler KBS to provide multi-disciplinary and program management services. The project aims to transform public transport, promote active travel, and support climate objectives. The program will serve as NTA's blueprint for future BusConnects programs in Cork, Limerick, Waterford, and Galway.

Jacobs (NYSE: J) has secured a significant contract from the U.S. Army Corps of Engineers (USACE) Omaha District, valued at $249 million. The contract covers architecture and engineering services for USACE's Northwestern Division locations across the contiguous U.S., Alaska, Hawaii, and outlying areas. The scope includes environmental services, design work, and specialized environmental response activities.

The contract began October 1, 2024, with a five-year duration and a possible two-year extension for task orders. This award adds to Jacobs' impressive 15 USACE selections and contract awards in 2024, with a combined capacity exceeding $2 billion. The company maintains top rankings in Government Office Design, Hazardous Waste, and other environmental categories according to Engineering News-Record in 2024.

Jacobs (NYSE: J) has been selected by Metro Vancouver to provide program management services for the Coquitlam Lake Water Supply Project in British Columbia, Canada. The project aims to expand capacity for accessing, treating, and distributing water from Coquitlam Lake, the region's largest drinking water source.

The infrastructure development includes a state-of-the-art intake facility, a 5.3-mile water supply tunnel, and a new treatment plant to serve 2.7 million residents. As program manager, Jacobs will oversee permitting, design, project controls, construction, and deliver technical services including a treatment pilot study.

The project focuses on increasing system resilience to climate change and meeting future water demand in the region.