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Jacobs Contract to Improve Operations at World's Busiest Airport in Atlanta

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Jacobs (NYSE:J) has been awarded a consulting contract by Hartsfield-Jackson Atlanta International Airport to enhance its asset management strategies. The project involves assessing current operations and developing comprehensive asset management plans across the airport's 4,700-acre campus. Jacobs aims to improve operational performance, sustainability, and risk mitigation. With $14 billion in revenue and a workforce of approximately 55,000, Jacobs is committed to providing tailored solutions leveraging its extensive expertise.

Positive
  • Awarded a significant consulting contract with Hartsfield-Jackson Atlanta International Airport.
  • Focus on improving operational performance, sustainability, and risk mitigation.
  • Leverages decades-long partnership and deep understanding of airport operations.
Negative
  • None.

Project will leverage consulting and advisory strategy accelerator to modernize airport facilities

DALLAS, June 14, 2022 /PRNewswire/ -- Jacobs (NYSE:J) was selected by Hartsfield-Jackson Atlanta International Airport (ATL) to provide asset management consulting and professional services to develop a strategy for the operations, maintenance, modernization and future growth of physical assets throughout its 4,700-acre campus.

Under this contract, Jacobs will assess the Department of Aviation's current asset management program; develop strategies, processes and asset management plans; assess the condition of facilities; and provide support and training for enterprise asset management systems.

"Our decades-long partnership with Hartsfield-Jackson Atlanta International Airport has given us a deep understanding of our client, its operations and vision for the future," said Jacobs Executive Vice President and President of People & Places Solutions Patrick Hill. "We'll consult with ATL to develop a strategic asset management program that supports their vision and delivers on our commitment to provide custom strategic solutions that leverage our deep domain knowledge."

Jacobs' consulting team will integrate program elements into a comprehensive asset management program to bring measurable improvements in operational performance, sustainability, risk mitigation resiliency, investment planning and total cost of ownership.

At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With $14 billion in revenue and a talent force of approximately 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit jacobs.com and connect with Jacobs on FacebookInstagram, LinkedIn and Twitter.

Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Statements made in this release that are not based on historical fact are forward-looking statements. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will," "would," "could," "can," "may," and similar words are intended to identify forward-looking statements. We base these forward-looking statements on management's current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements, including, but not limited to, the timing of the award of projects and funding under the Infrastructure Investment and Jobs Act as well as general economic conditions, including inflation, changes in interest rates, foreign currency exchange rates, and changes in capital markets, geopolitical events and conflicts, and the impact of the COVID-19 pandemic, including the related reaction of governments on global and regional market conditions and the company's business, among others. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations in our most recently filed Annual Report on Form 10-K, ,and  Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Item 1 - Legal Proceedings; and Item 1A - Risk Factors in our most recently filed Quarterly Report on Form 10-Q, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.

For press/media inquiries:
Kerrie Sparks
214.583.8433

 

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SOURCE Jacobs

FAQ

What contract was awarded to Jacobs on June 14, 2022?

Jacobs was awarded a consulting contract by Hartsfield-Jackson Atlanta International Airport to enhance asset management strategies.

What are the main objectives of Jacobs' project with Atlanta International Airport?

The main objectives include assessing current operations and developing asset management plans to improve performance and sustainability.

How significant is the contract for Jacobs' business?

The contract is significant as it involves a major airport's asset management, showcasing Jacobs' expertise and increasing its revenue potential.

What is Jacobs' revenue and workforce size?

Jacobs has $14 billion in revenue and employs approximately 55,000 people.

What are the expected outcomes of Jacobs' consulting project at ATL?

Expected outcomes include measurable improvements in operational performance, sustainability, risk mitigation, and investment planning.

Jacobs Solutions Inc.

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