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Jacobs Solutions (NYSE: J) posted $4.3 billion in revenue for the second quarter of fiscal year 2024, reflecting a 4.7 percent increase from the same period the previous year. The Dallas-based company said Tuesday that its total backlog was $29.4 billion as of March 29, up 1.5 percent from the prior-year period. Jacobs recorded a...
Kevin Berryman, special adviser to Bob Pragada, CEO of Jacobs Solutions (NYSE: J), has been named interim chief financial officer of the Dallas, Texas-headquartered professional services provider. Berryman, who formerly served as president and CFO at Jacobs, will assume responsibilities over the company’s financial functions on an acting basis...
Jacobs Solutions (NYSE: J) has reported a revenue of $4.3 billion for the fourth quarter of fiscal year 2023, a 10.5 percent increase over the prior-year period and fiscal 2024 adjusted earnings outlook of $7.70 per share to $8.20 per share. The company announced in an earnings statement published Tuesday its total backlog increased $1.2...
Jacobs Solutions (NYSE: J) has agreed to spin off and merge its critical mission solutions and cyber and intelligence businesses with Amentum to form a new publicly traded government technology services contractor. The transaction will create an independent company with an annual revenue of approximately $13 billion, a stable base of prime governmen...
Jacobs Solutions (NYSE: J) is in advanced discussions to combine its critical mission solutions business with Amentum in a transaction that could be worth more than $4 billion and could form a new publicly traded company, Reuters reported Thursday. Jacobs’ CMS business, which recorded approximately $4.4 billion in fiscal year 2022 revenue, provide...
Jacobs Solutions (NYSE: J) reported fiscal year 2023 third-quarter revenue of $4.2 billion, a 9.4 percent increase over the same period a year ago and maintained its full-year adjusted earnings outlook of $7.25 per share to $7.45 per share. The Dallas-based company’s total backlog as of June 30 stood at $28.9 billion, up 2.9 percent...
Jacobs (NYSE: J) will provide architect-engineering services to the Environmental Protection Agency’s Great Lakes National Program Office and Superfund and Emergency Management Division under a potential five-year, $450 million contract. EPA announced the award of the Superfund and Great Lakes Architect-Engineer Services contract in a notice p...
Washington D.C.-based private equity firm Willow Creek Partners has created a company that government contracting industry veteran Caesar Nieves will lead to bring consulting, analytics, cyber and digital services to the federal sector. The One 23 Group will serve as the core of WCP’s government services portfolio and operate with over 200 emp...
Jacobs (NYSE: J) will spin off its critical mission solutions business into an independent company focused on providing applied science research, technical consulting, program management, training and intelligent asset management support services for federal government customers. Steve Arnette, executive vice president and president of CMS business ...
Jacobs’ (NYSE: J) government services business has won a $249 million indefinite-delivery/indefinite-quantity contract to support design-build work for U.S. Navy and Marine Corps installation projects. The eight-year IDIQ award covers multidisciplinary architect-engineering tasks in the Navy Region Southwest area of responsibility, the Departm...
