Jacobs (NYSE: J) has finalized its acquisition of John Wood Group’s nuclear business for approximately $325M in cash as part of efforts to improve its position as a provider of nuclear lifecycle services and technology-based platforms. Steve Demetriou, chair and CEO of Jacobs, said in a statement published Monday the company will integrate Wood Nuclear into its critical mission solutions business and combine complementary capabilities to deliver nuclear and defense platforms to clients.
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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.
Read More »Jacobs Promotes Bob Pragada, Kevin Berryman as Co-Presidents; Steve Demetriou Quoted
Bob Pragada and Kevin Berryman, respectively chief operating officer and chief financial officer of Jacobs Engineering Group (NYSE: JEC), will assume additional duties as co-presidents of the global professional services provider beginning on Dec. 1.
Read More »Jacobs Strikes $300M Cash Deal for Wood’s Nuclear Business; Steve Demetriou Quoted
Jacobs Engineering Group (NYSE: JEC) has agreed to acquire John Wood Group's nuclear business for approximately $300M in cash in an effort to expand its nuclear lifecycle offerings with the addition of technical consulting services and decommissioning capabilities.
Read More »Jacobs Completes Acquisition of KeyW; Steve Demetriou Quoted
Jacobs announced on Wednesday that its acquisition of KeyW has been completed. The move further positions Jacobs as a leader in high-value Government Services, and allows Jacobs’ Aerospace, Technology and Nuclear (ATN) business to further advance its strategy of delivering innovative and unique mission-oriented solutions for highly technical and high-consequence …
Read More »Jim Garrettson presents Terry Hagen with Wash100 award; Steve Demetriou participates
Jim Garrettson, president and CEO of Executive Mosaic, a leading media and events hosting company in the government contracting market, on Tuesday presented Terry Hagen, president of Jacobs’ aerospace & technology division, with his 2018 Wash 100 award. The Wash100, now in its fifth annual year, recognizes the most influential …
Read More »Jacobs Closes $3.27B CH2M Purchase; Steve Demetriou Comments
Jacobs Engineering Group (NYSE: JEC) has concluded its approximately $3.27 billion purchase of CH2M through a cash-and-stock transaction in a move to establish a $15 billion combined firm that will provide infrastructure and professional services to government and commercial clients. Jacobs said Monday it plans to streamline its operating model through three …
Read More »Steve Demetriou: Jacobs to Restructure Business Line Management Team
Jacobs Engineering (NYSE: JEC) has decided to restructure its executive leadership structure around four business segments under an initiative that the company expects to complete during the first quarter of its fiscal 2016. Steve Demetriou, Jacobs president and CEO, said Wednesday the company will implement the new structure in an …
Read More »Steven Demetriou Named President, CEO of Jacobs
Steven Demetriou, formerly chairman and CEO of aluminum manufacturing company Aleris, will join Jacobs Engineering Group (NYSE: JEC) on August 17 as president and CEO. Jacobs said Monday that Demetriou will bring more than 30 years of business management experience to his dual role and be responsible for helping strengthen …
Read More »Former KeyW Exec Steve Niezgoda to Join Cornerstone Defense as COO
Steve Niezgoda, formerly a senior vice president at KeyW, has been named chief operations officer of Cornerstone Defense in a move that takes effect on June 24.
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