Search Results for: "Jacobs Engineering"

Jacobs Engineering to Continue Test Evaluation Support for NASA

Jacobs Technology will continue to provide NASA with test evaluation and support services at the White Sands Test Facility in New Mexico under a one-year, $100 million contract option. NASA said Friday it exercised the second of two options to extend its three-year, $300 million Test Evaluation and Support Team contract with …

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Bassim Shebaro: Jacobs Engineering Raises Stake in Saudi Arabian Venture by 15%

Jacobs Engineering Group (NYSE: JEC) has increased its stake in Saudi Arabia-based construction and engineering services company Jacobs ZATE from 60 percent to 75 percent. Bassim Shebaro, Jacobs group vice president, said Tuesday the investment is part of the company’s efforts to grow its presence in the Saudi Arabian market. …

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Jacobs Engineering to Help NASA Design Asteroid Capture Tech

Jacobs Engineering Group (NYSE: JEC) has won a contract of an undisclosed value to design a technology for NASA‘s planned asteroid capture-and-study mission. The project’s goal is to develop a system that would tow an asteroid as heavy as 1, 000 metric tons and as wide as 10 meters, Jacobs …

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Robert Norfleet: Federal Network Systems Becomes Part of Jacobs Engineering

Jacobs Engineering Group (NYSE: JEC) has concluded its acquisition of Verizon’s (NYSE: VZ) Federal Network Systems for undisclosed terms. Robert Norfleet, Jacobs group vice president, said Tuesday the company intends to grow its presence in the intelligence community industry by expanding its existing service offerings through the acquisition. Ashburn, Virginia-based Federal Network …

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Jacobs Engineering Acquires Wireless Comms Provider FMHC; Kevin McMahon, John Cankar Comment

Jacobs Engineering Group Inc. (NYSE: JEC) has bought the assets of FMHC Corp., a provider of wireless communications services. Chicago, Ill.-based FMHC works to design and build sites and deploy networks for wireless telecommunications customers, Jacobs Engineering said Tuesday. Kevin McMahon, a Jacobs group vice president, said the acquisition is …

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Jacobs Engineering Acquires Telecom Services Provider Compass; Kevin McMahon, JC Massey Comment

Jacobs Engineering Group (NYSE: JEC) has acquired telecommunications and field services provider Compass Technology Services in a move aimed at expanding Jacobs’ services. Compass adds to Jacobs’ portfolio of designing and developing wireless telecommunications infrastructures, Jacobs said Tuesday. Kevin McMahon, a Jacobs group vice president, said the company aims to diversify …

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Navy Contingency Construction IDIQ Modification Increases Contract Value to $1.2B

The U.S. Navy has awarded four companies a $92M modification that increases the potential value of an indefinite-delivery/indefinite-quantity contract for global contingency construction services to $1.24B. AECOM's (NYSE: ACM) URS subsidiary, Jacobs Engineering Group's (NYSE: JEC) CH2M business, KBR (NYSE: KBR) and Environmental Chemical Corp. hold positions on the IDIQ.

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Jacobs Unveils New Brand, Tagline to Reflect Strategic Transformation; Steve Demetriou Quoted

Jacobs Engineering Group (NYSE: JEC) has launched a new brand and logo and adopted the tagline “Challenging today. Reinventing tomorrow.” to mark its transition from an engineering and construction firm to a global technology-driven platforms company and reflect its diverse and inclusive perspectives.

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Corporate Dev’t Execs Say M&A Opportunities Could Emerge From Business Unit Divestitures

Executives from Leidos (NYSE: LDOS), ManTech International (Nasdaq: MANT), Parsons (NYSE: PSN) and Jacobs Engineering Group (NYSE: JEC) said they believe divestitures of smaller business units resulting from major mergers and acquisitions in the past two years could drive the next wave of M&As in the government contracting market, the Washington Business Journal reported Wednesday.

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