Jacobs Secures Environmental Services Contract with US Air Force
Get Alerts J Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.3%
Revenue Growth %: -20.8%
Join SI Premium – FREE
Multi-year award supports environmental compliance and restoration efforts for US Air Force installations and federal agencies globally
Under this contract, Jacobs will provide comprehensive environmental services to the U.S. Air Force, Air Force Material Command, Air Force Installation and Mission Support Centre, AFCEC and other Department of Defense and federal agencies. Support will include planning, investigation, assessment, design, construction phase design and field inspection.
"Jacobs has provided critical infrastructure and associated architecture and engineering services across all end markets to the U.S. Air Force for more than 20 years," said Jacobs Executive Vice President
The U.S. Air Force and the AFCEC environmental program value the anticipated contract ceiling at
Jacobs also supports other
Jacobs is ranked No. 1 in Sanitary & Storm Sewers, Sewer & Waste and Wastewater Treatment, and No. 2 in Chemical & Soil Remediation and Site Assessment & Compliance by Engineering News Record in 2024. Jacobs has also been ranked the No. 2 global environmental and sustainability consultancy in the Environment Analyst's latest Environmental & Sustainability Consulting Market Assessment from the 2023 fiscal year.
At Jacobs, we're challenging today to reinvent tomorrow – delivering outcomes and solutions for the world's most complex challenges. With approximately
Certain statements contained in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that do not directly relate to any historical or current fact. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will," "would," "could," "can," "may," and similar words are intended to identify forward-looking statements. We base these forward-looking statements on management's current estimates and expectations, as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements including, but not limited to, uncertainties as to the impact of the recently completed separation transaction pursuant to which we spun off and merged our Critical Missions Solutions and Cyber & Intelligence government services businesses with Amentum (together, "new Amentum ") on Jacobs' and new Amentum's businesses, the timing of the award of projects and funding and potential changes to the amounts provided for under the Infrastructure Investment and Jobs Act and other legislation related to governmental spending, as well as general economic conditions, including inflation and the actions taken by monetary authorities in response to inflation, changes in interest rates and foreign currency exchange rates, changes in capital markets, the possibility of a recession or economic downturn, increased uncertainty and risks, including policy risks and potential civil unrest, relating to the outcome of elections across our key markets and elevated geopolitical tension and conflicts, among others, and the impact of any future pandemic or infectious disease outbreak, including the related reaction of governments on global and regional market conditions, among others. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations in our most recently filed Annual Report on Form 10-K, and Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Item 1 - Legal Proceedings, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.
For press/media inquiries:
[email protected]
View original content to download multimedia:https://www.prnewswire.com/news-releases/jacobs-secures-environmental-services-contract-with-us-air-force-302427093.html
SOURCE Jacobs
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BOXABL Inc. (NASDAQ: BXBL) Completes Business Combination with FG Merger II Corp. at $3.5 Billion Valuation
- Sandfire comments on recent trading activity
- Zillow Group Securities Fraud Class Action Arising from Alleged Anticompetitive Agreement and Related Regulatory Risks - Investors May Contact Lewis Kahn, Esq., at Kahn Swick & Foti, LLC
Create E-mail Alert Related Categories
PRNewswire, Press ReleasesSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share