Welcome to our dedicated page for Jacobs Solutions news (Ticker: J), a resource for investors and traders seeking the latest updates and insights on Jacobs Solutions stock.
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 (NYSE:J) has been selected to support the Space Hub Sutherland, the U.K.'s potential first satellite launch site, by assessing the local supply chain and its transferability to the space industry. The project aims to identify local skills, conduct a gap analysis, and explore socio-economic impacts on northern Scotland. With the U.K. space industry projected to be worth $5.6 billion by 2030, this initiative could create high-value jobs. Jacobs is leveraging its extensive experience in the space sector to drive growth in the region.
Jacobs (NYSE:J) has been selected as a program management firm for the Dallas Independent School District's (Dallas ISD) $3.47 billion 2020 Bond Program, marking its continued partnership of 18 years with the district. This initiative aims to enhance 200 out of 230 campuses, focusing on critical upgrades such as mechanical systems, roofs, and security enhancements. The program launches with collaborations involving various construction firms to oversee substantial renovations and expansions of schools. Jacobs reports $14 billion in revenue and employs around 55,000 people, delivering services across sectors.
Jacobs (NYSE:J) is set to announce its fiscal Q3 2021 earnings results on August 3, 2021, prior to market opening. A conference call will follow at 10:00 a.m. ET, providing insights into the company's performance and operational trends. Jacobs reported a robust $14 billion in revenue, supported by a workforce of approximately 55,000 professionals. Interested listeners can access the conference via a webcast on the company's website.
Jacobs (NYSE:J) has been selected as a program partner for the East West Rail project, focusing on creating a new rail link between Oxford and Cambridge. The contract, valued at $50 million, spans three years and aims to integrate diverse supply chains effectively. This initiative is expected to boost economic growth and improve transportation links across key regions. Jacobs emphasizes its commitment to social value, sustainability, and community support, including mentoring and mental health resources, in line with the project’s objectives.
The Board of Directors of Jacobs (NYSE:J) has announced a quarterly cash dividend of $0.21 per share. This dividend is scheduled for payment on August 27, 2021, to shareholders recorded as of July 30, 2021. Jacobs reported revenues of $14 billion and employs around 55,000 people, providing a wide range of professional services across multiple sectors. This move indicates confidence in sustaining shareholder returns amidst ongoing development efforts.
Jacobs (NYSE:J) has secured a contract to provide design services for the upgrade of TasWater's Bryn Estyn Water Treatment Plant in Hobart, Australia. The upgrade, costing over $155 million, aims to boost capacity to 160 mega liters per day to meet future demand and ensure safe drinking water through a new multi-barrier approach. This project marks the first significant upgrade by the Capital Delivery Office of TasWater, which manages extensive capital works in Tasmania. With $14 billion in revenue, Jacobs specializes in consulting and project delivery.
Jacobs (NYSE:J) has been awarded a $455 million contract by Auckland Transport to design, consent, and construct the Eastern Busway, which includes stages 2, 3, and 4. The project aims to deliver approximately five kilometers of busway, enhancing transit between Botany and Panmure and expected to serve 30,000 passengers daily upon completion in 2025. This initiative is projected to stimulate urban regeneration and improve access for residents in South and East Auckland.
Jacobs (NYSE:J) has been selected by NICDC to provide master planning and engineering design for three new industrial developments in South India, enhancing global manufacturing capabilities. The projects aim to create smart industrial cities with advanced infrastructure, utilizing innovative technology and digital tools. Jacobs brings over 12 years of experience working with NICDC, which will aid in diversifying India's economy and fostering long-term growth.
The developments are strategically located in Kerala and Tamil Nadu, expected to attract high-value manufacturing investments.
Jacobs has secured a new contract from the U.S. Army Corps of Engineers (USACE) with a shared capacity valued at $200 million. This contract focuses on planning, design, and construction services for facilities related to the Air Force's B-21 mission, mainly at multiple Air Force Bases including Ellsworth, Dyess, and Whiteman. The contract features a five-year base period with an optional two years. Jacobs, with approximately $14 billion in revenue, emphasizes its dedication to innovative solutions in defense and infrastructure.
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