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Jacobs Solutions Inc. (NYSE: J) is a global leader in providing comprehensive engineering, design, procurement, construction, and maintenance services. With a workforce of approximately 60,000 employees, Jacobs Solutions operates across diverse sectors, including water, transportation, healthcare, technology, and chemicals. The firm also excels in delivering cutting-edge cyber engineering and security solutions to industrial, commercial, and government clients worldwide.
In fiscal 2023, Jacobs Solutions reported robust financial performance, generating $16.4 billion in revenue and $1.3 billion in adjusted operating income. The company's expertise extends to areas such as water treatment and desalination, where it consistently ranks at the top of Engineering News Record's list of design firms.
One of the company's recent significant achievements is its selection by Water Corporation in Western Australia to design, build, operate, and maintain the Alkimos Seawater Desalination Plant in Perth. This project, in alliance with ACCIONA and Water Corporation, aims to produce up to 26 billion gallons of drinking water annually, addressing water scarcity driven by climate change and population growth.
Jacobs Solutions is also heavily involved in other high-profile projects, including a collaboration with the UK Atomic Energy Authority on engineering design services for fusion energy research, and the development of a new nuclear power plant design for the UK's National Nuclear Laboratory. Moreover, the company is managing a large-scale wastewater treatment plant expansion in Hamilton, Ontario, and enhancing Omaha's wastewater collection network with its Aqua DNA digital solution.
In terms of strategic development, Jacobs is progressing towards the separation and merger of its Critical Mission Solutions and portions of its Divergent Solutions business with Amentum, expected to close in the second half of fiscal 2024. This move is aimed at optimizing the company’s focus and creating more shareholder value.
For the latest updates, news, and developments about Jacobs Solutions Inc., visit their official website or follow them on Facebook, Instagram, LinkedIn, and X.
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.
Jacobs (NYSE:J) has secured a $302 million contract from the National Geospatial-Intelligence Agency (NGA) to deliver data-driven solutions for its Geospatial-intelligence Enterprise OpenDataStore services over a seven-year period. The contract focuses on providing cyber and digital services, enhancing NGA's capabilities in geospatial intelligence. With $14 billion in revenue and around 55,000 employees, Jacobs aims to modernize NGA's system architecture from on-premise to a hybrid cloud environment, aligning with the growing demands for digital intelligence.
Jacobs, in collaboration with the Environment Agency and BAM Nuttall, has successfully completed the £140 million Broadland Flood Alleviation Project, enhancing 149 miles of flood defenses in Norfolk, England. Initiated in May 2001, the project significantly improves flood risk management, protects 1,700 properties, and safeguards 24,000 hectares of agricultural land. Notable environmental benefits include habitat protection for endangered species and improved recreational facilities. The project exemplifies effective collaboration and sustainable solutions for flood protection.
Jacobs has been awarded NASA's Agency-Level 2020 Small Business Industry Award as the Large Business Prime Contractor of the Year for Kennedy Space Center (KSC). This recognition follows Jacobs winning the Center-Level award at KSC and Langley Research Center. Jacobs has a longstanding relationship with NASA, contributing to critical missions including the Artemis program and operations for the International Space Station. With $14 billion in revenue and a workforce of 55,000, Jacobs offers comprehensive professional services in support of various sectors, including government and commercial aerospace.
Jacobs (NYSE:J) secured a $235 million task order contract from the U.S. Army Intelligence and Security Command (INSCOM) over five years. This contract will enhance their cyber and intelligence services for the 902nd Military Intelligence Group at Fort Meade, Maryland. The scope includes cyber intrusion damage assessment, geospatial intelligence, and human intelligence targeting. Jacobs emphasizes its commitment to addressing national security threats through advanced technologies and solutions, showcasing its strong position in the defense sector.
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