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Jacobs Solutions Inc. - J STOCK NEWS

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.

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Jacobs (NYSE:J) has been selected as Program and Construction Management (PMCM) partner for thyssenkrupp Steel's $2.5 billion effort to decarbonize its steel mill in Duisburg, Germany. The project will decarbonize the largest steelmaking site with a new green hydrogen-powered direct reduction plant, reducing carbon emissions by up to 3.5 million metric tons per year. Jacobs' scope of work includes overall coordination and management of engineering services, assembly and logistics; construction management and supporting contract management; assembly management of the Engineering Procurement Construction (EPC) contractor for the direct reduction plant; and interface management across the construction and assembly teams.
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Jacobs (NYSE:J) was awarded a five-year contract renewal for operations and maintenance (O&M) of the City of Farmington, New Mexico's, wastewater and surface water treatment plants and wastewater collection and drinking water distribution systems. The new contract incorporates Aqua DNA, a Digital OneWater solution from Jacobs' suite of products that assists water utilities in their response to climate change, tightening regulations, workforce shortages, and operational performance. The five-year contract commences January 1, 2024, with an initial contract value of $9 million per year. Jacobs has provided O&M services to the City of Farmington since 1999. Jacobs was recently recognized with awards for sustainability and safety in the water industry.
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Jacobs (NYSE: J) Awarded U.K. Government Grant for Tidal Power R&D Project
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Jacobs (NYSE: J) appoints Julie Sloat and Louis Pinkham to its Board of Directors, effective December 1, 2023, bringing considerable experience in energy transition, technology, manufacturing, and strategic partnerships. Sloat served in leadership roles at American Electric Power and other companies, while Pinkham has a strong focus on talent management, innovation, and growth initiatives.
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Jacobs (NYSE:J) and PA Consulting have been selected by The Copenhagen Metro to be part of its Operations and Maintenance Adviser Framework, providing comprehensive research and advice on the operation and maintenance of the metro. The framework aims to further develop sustainable, connected urban transport solutions and support the future resiliency of one of Europe's most advanced public transport systems. Jacobs and PA will deliver strategic and technical advice on project and design management, railway installations and safety, rolling stock, signaling systems, and operation and maintenance over an eight-year period.
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Jacobs (NYSE:J) will release its fiscal Q4 and full year 2023 earnings results on Nov. 21, 2023, before market open. A conference call will be held at 10:00 a.m. ET, where management will present the company's results and operating trends. The call can be accessed via webcast on jacobs.com.
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Jacobs awarded new two-year contract with EDF Nuclear Generation worth over $53 million. The contract aims to maximize generation from nuclear power stations, support energy security, and achieve net-zero carbon by 2050.
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Jacobs has been selected as Owner's Advisor for the Metropolitan Transit Authority of Harris County's (METRO) Joint Development and Transit Oriented Development program in Houston, Texas. Jacobs will provide comprehensive consulting for planning and real estate management services to meet METRO's mobility and development needs. METRO is currently developing a Joint Development framework to move forward with significant development opportunities at multiple Harris County METRO properties.
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Jacobs (NYSE:J) declares quarterly cash dividend of $0.26 per share of common stock, payable on Nov. 9, 2023 to shareholders of record as of Oct. 27, 2023.
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Jacobs appointed as lead design consultant for Port of NEOM redevelopment project in Saudi Arabia
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FAQ

What is the current stock price of Jacobs Solutions (J)?

The current stock price of Jacobs Solutions (J) is $140.01 as of November 15, 2024.

What is the market cap of Jacobs Solutions (J)?

The market cap of Jacobs Solutions (J) is approximately 17.5B.

What services does Jacobs Solutions Inc. provide?

Jacobs Solutions offers engineering, design, procurement, construction, and maintenance services, along with cyber engineering and security solutions.

In which sectors does Jacobs Solutions operate?

Jacobs Solutions operates in sectors such as water, transportation, healthcare, technology, and chemicals.

How much revenue did Jacobs Solutions generate in fiscal 2023?

Jacobs Solutions generated $16.4 billion in revenue and $1.3 billion in adjusted operating income in fiscal 2023.

What is a significant recent project by Jacobs Solutions?

Jacobs Solutions was selected to design, build, operate, and maintain the Alkimos Seawater Desalination Plant in Perth, Australia.

How many employees work at Jacobs Solutions?

Jacobs Solutions employs approximately 60,000 workers.

What are some key collaborations of Jacobs Solutions?

Jacobs collaborates with the UK Atomic Energy Authority, National Nuclear Laboratory, and many others on significant engineering and technological projects.

What strategic move is Jacobs Solutions currently making?

Jacobs is in the process of separating and merging its Critical Mission Solutions and parts of its Divergent Solutions business with Amentum.

Where can I find more updates about Jacobs Solutions?

For the latest updates, visit Jacobs Solutions' official website or connect with them on Facebook, Instagram, LinkedIn, and X.

What recognition does Jacobs have in water treatment?

Jacobs consistently ranks top in water treatment and desalination on Engineering News Record’s list of top design firms.

What digital solutions does Jacobs provide for wastewater management?

Jacobs offers Aqua DNA, a digital solution that enhances wastewater system performance through real-time data and AI-driven insights.

Jacobs Solutions Inc.

NYSE:J

J Rankings

J Stock Data

17.49B
124.25M
1%
87.77%
1.09%
Engineering & Construction
Heavy Construction Other Than Bldg Const - Contractors
Link
United States of America
DALLAS