Jacobs Solutions Inc. - J STOCK NEWS

Jacobs (NYSE: J) has been selected by LA Sanitation and Environment as the progressive design-build contractor for the Donald C. Tillman Advanced Water Equalization Basins project. The project includes new basins capable of holding 9.5 million gallons of water to regulate flows to the Advanced Water Purification Facility (AWPF). This is part of Los Angeles' Groundwater Replenishment Project, aimed at increasing recycled water production by 2035. Jacobs is currently supporting design-build contracts valued at up to $740 million at the Donald C. Tillman site, which includes the AWPF, an educational center, electrical upgrades, and primary equalization tanks.

Jacobs (NYSE:J) has announced it will release its fiscal fourth quarter and full year 2024 earnings results before market open on Tuesday, November 19, 2024. The company will host a conference call at 10:00 a.m. ET on the same day, where management will discuss company results and operating trends. Investors can access the conference call and accompanying presentation slides through a webcast available on jacobs.com.

Jacobs (NYSE: J) has been appointed by Northern Ireland Water to a new professional services framework supporting water and wastewater capital improvements. The framework covers feasibility, design, and climate change management services for a six-year investment program, running for an initial four-year period with a possible four-year extension. The scope includes design services for major projects, water and wastewater network modeling, and climate adaptation and net zero planning. Northern Ireland Water serves approximately 840,000 households and businesses in Northern Ireland.

Jacobs (NYSE: J) has been selected by the U.S. Bureau of Reclamation to design and build the San Juan Lateral Water Treatment Plant in northwest New Mexico, a $267 million project. This plant is the largest component of the Navajo-Gallup Water Supply Project, aimed at providing water to approximately 250,000 people in 43 Navajo chapters.

The plant will initially treat 18.8 million gallons of water per day, with the capacity to double. The project includes commissioning the San Juan Lateral distribution system and operations and maintenance. When complete, the water supply project will divert 37,761 acre-feet of water annually from the San Juan River Basin through two water treatment plants.

The Navajo-Gallup Water Supply Project is 70% complete, with initial water deliveries expected in late 2028 and final completion by the end of 2029. This project is important for improving living conditions in Navajo communities, providing water for various facilities beyond basic drinking water.

Jacobs (NYSE:J) has been selected by Aerostar Airport Holdings, to provide architecture and engineering consulting services for capital improvements at Luis Muñoz Marín International Airport (SJU) in San Juan, Puerto Rico. The project aims to address infrastructure improvements, increasing passenger and aircraft traffic demand, and mitigate future climate change impacts.

Jacobs will support projects including taxiway reconstructions, runway improvements, airport sustainability efforts, and a pavement management system. The company will also assist with grant management, planning, design, and construction oversight. This initiative is important as SJU accounts for over 90% of Puerto Rico's total passenger volume and serves as a hub for the Caribbean, with passenger growth up 40% in the last decade.

The Jacobs-Seymour Whyte Joint Venture has been selected by Sydney Water to provide Engineering, Procurement and Construction Management (EPCM) services for the Upper South Creek Networks (USCN) Program in Western Sydney. This program is important for supporting the region's rapid growth, with an estimated 90,000 new dwellings and 200,000 jobs expected in the next three decades.

The USCN Program will deliver approximately 60 miles (96 kilometers) of wastewater pipelines and nine pumping stations across five precincts. It will connect to the Advanced Water Recycling Centre, currently under construction. The integrated delivery model aims to ensure resilient, affordable, and sustainable wastewater services for the growing population.

Jacobs, ranked No.1 in Program Management by Engineering News-Record, brings its expertise in complex infrastructure projects to this venture, reinforcing its global leadership in water infrastructure development.

Jacobs (NYSE: J) has been appointed by CG Semi Private for the engineering design of a new Outsourced Semiconductor Assembly and Test (OSAT) facility in Sanand, Gujarat, India. Jacobs will serve as the engineering, procurement and construction services (EPCS) partner on the Mini Line and engineering partner on the Main Line.

The main facility is planned to be built on over 28 acres and will manufacture a variety of advanced and legacy packages for industries such as automotive, consumer, industrial, and 5G. This project highlights Jacobs' commitment to delivering innovative solutions in India's expanding semiconductor market, leveraging their extensive experience in the U.S., Europe, and Asia.

Jacobs (NYSE: J) has been appointed by the UK Department for Energy Security & Net Zero to provide technical project management support for the Carbon Capture, Usage and Storage (CCUS) program. This initiative is important for the UK's commitment to achieve a net-zero economy by 2050.

Jacobs will deliver technical project management, strategic and change management advisory services, data solutions, and risk and quality management. The contract has an initial term of two years, with the option to extend for up to two additional one-year periods.

The CCUS program aims to decarbonize industry, generate low-carbon energy, and enable large-scale low-carbon hydrogen production. It will create 'clusters' of industrial, power, and hydrogen projects around transport and storage infrastructure, facilitating the UK's industrial base's low-carbon transformation.

Jacobs (NYSE: J) has secured a new five-year contract with Lincoln-Sewer Management District 1 Wastewater Authority (LiSWA) in California. The company will operate, maintain, and manage LiSWA's wastewater treatment and reclamation facility, integrating existing staff into their team. Jacobs will implement its Digital OneWater suite of solutions, including Intelligent O&M, to provide efficient wastewater services for over 74,000 people.

The contract involves optimizing biosolids management processing and storage capacity, as well as exploring expansion of biosolids drying greenhouses. This partnership aims to enhance operational resilience and meet tightening state regulations. LiSWA General Manager Jim Mulligan expressed satisfaction with Jacobs' selection and their ability to retain skilled existing staff.

Jacobs has a strong presence in California, contributing to major infrastructure projects such as the Pure Water Project, ARCHES hydrogen hub, and various initiatives in Los Angeles and San Francisco.