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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.

News

Jacobs Awarded Connecticut Water Treatment Plant Contract

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Jacobs awarded Connecticut water treatment plant contract
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Jacobs to Manage Intelligent Transportation System for Florida's Turnpike

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Jacobs has been selected to operate and maintain Intelligent Transportation Systems (ITS) and manage traffic operations for Florida's Turnpike Enterprise. Under the $28 million contract, Jacobs will deliver engineering, monitoring, and support services for over 500 miles of ITS-connected roadway infrastructure across the state. They will also manage contingency plans and response for emergencies and weather events.
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Jacobs to Manage Austin Independent School District Modernization Program

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Jacobs has been selected by Austin Independent School District (ISD) to provide program management services for the district's capital improvement program. The program will implement over $2.4 billion in capital works, including the modernization of 25 schools, security improvements, technology upgrades, and maintenance. Jacobs' contract is worth approximately $517 million and will involve managing the development of ten schools within Austin ISD. The program also includes various improvements such as school mental health centers, community pantries, arts and athletic facility updates, and new playgrounds. Jacobs will work with Turner & Townsend Heery and other subconsultant firms, which represent about 30% of the project team. Austin ISD is the eighth largest school district in Texas with over 73,000 enrolled students.
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Jacobs Secures National Grid Management Consultancy Framework

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Jacobs secures National Grid management consultancy framework
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Jacobs Completes $600 Million Senior Notes Offering

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Jacobs completes $600 million senior notes offering
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Jacobs to Manage Inland Empire Utilities Agency Recycled Water Program Expansion

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Jacobs (NYSE:J) has been selected by Inland Empire Utilities Agency in California to provide program management, owners engineering services, and strategic funding advisory services for a major regional water management program. The program aims to create a drought-resilient local water supply using advanced water purification facilities and other water infrastructure projects. The company will also provide services for groundwater injection, replenishment, and conveyance systems. Jacobs, a global leader in program management, will help IEUA and its partners bring this innovative regional water management program from concept to reality.
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Jacobs Reports Fiscal Third Quarter 2023 Earnings

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Jacobs Solutions Inc. (NYSE: J) reported a 9% increase in third-quarter revenue year-over-year, with People and Places Solutions operating profit up 13%. The company reiterated its 100% cash flow conversion target and fiscal 2023 outlook range. They are also advancing plans for the separation of their Critical Mission Solutions business.
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Jacobs Secures Major Program Win With Seattle -Tacoma International Airport

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Jacobs (NYSE:J) has been selected by the Port of Seattle to lead and manage the 10-year renovation of the S Concourse at Seattle-Tacoma International Airport (SEA). The project includes modernizing the concourse, improving operating systems, environmental efficiencies, and earthquake resiliency, with a focus on sustainable building opportunities. Jacobs will also prioritize equity, inclusion, and diversity by partnering with WMBE and other disadvantaged firms. The company's commitment to sustainable development and long-term benefits for the operation and readiness of the airport staff and processes is evident in this project.
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Jacobs Receives $450 Million US Environmental Protection Agency Contract

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Jacobs (NYSE:J) has been awarded a $450-million Superfund and Great Lakes Architecture-Engineering Services contract by the U.S. Environmental Protection Agency (EPA). The five-year contract allows Jacobs to assist in cleaning up and restoring 22 of the 25 remaining Great Lakes Areas of Concern by 2030. The work includes contaminated sediment evaluations, site management, remedial investigations, habitat restoration design, and remediation oversight.
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Jacobs to Design Critical Highway Infrastructure for Brent Spence Bridge Corridor

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Jacobs (NYSE: J) has been selected to deliver critical infrastructure as part of the Brent Spence Bridge Corridor Project, estimated at $3.1 billion. The project aims to improve transportation in Ohio and Kentucky, reducing congestion and improving traffic flow. Jacobs will lead the design of the Ohio segment and serve as the independent companion bridge engineer, ensuring the safety and efficiency of the new river crossing.
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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.

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Jacobs Solutions Inc.

NYSE:J

J Rankings

#597 Ranked by Market Cap
#1886 Ranked by Dividends

J Stock Data

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