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Jacobs Appointed Integration Delivery Partner for Critical UK Railway Infrastructure Program

1. Jacobs chosen for eight-year Transpennine Route Upgrade program. 2. Project aims for faster, more reliable rail journeys across 70 miles. 3. Significant social return includes 320 apprenticeships and $693 million spent locally. 4. Experience from major projects positions Jacobs for success in TRU.

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Why Bullish?

Jacobs' role in a major infrastructure project hints at long-term revenue growth. Similar past projects have enhanced market perception and returns.

How important is it?

This article highlights Jacobs' significant contract and economic impact, which directly influences investor confidence.

Why Long Term?

The Transpennine Route Upgrade will ensure sustained benefits over the project's eight-year duration. Jacobs' ongoing involvement often leads to stable future income.

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The Transpennine Route Upgrade will deliver faster, more frequent and more reliable journeys across the North of England DALLAS, Feb. 3, 2025 /PRNewswire/ -- Jacobs (NYSE: J) has been selected by Network Rail as Technical Services Integration Delivery Partner for the Transpennine Route Upgrade (TRU), a transformative, major program of railway improvements planned to deliver faster, more frequent and more reliable journeys along a 70-mile route with 23 stations – stretching from York to Manchester, via Leeds and Huddersfield. As the Integration Delivery Partner, Jacobs is sole provider on an eight-year framework providing technical system integration services to the TRU program during development and construction. Jacobs' scope of services includes technical system integration, custodian of scope, cross-project integration, technical change control, development engineering and design, and program business case production. "The Transpennine Route Upgrade will deliver significant benefits by moving more essential goods by rail, bringing better journeys to passengers, advancing decarbonization efforts and fostering community prosperity," said Jacobs Executive Vice President Kate Kenny. "Our extensive experience on TRU and other essential rail investments will support a sustainable approach that meets the needs of the community." TRU is being delivered by several organizations, including Jacobs, and is focused on a common mission to deliver the greatest value to communities along the route. Jacobs has provided various asset management services, including a system level analysis to inform the route's performance modeling, developing a common data environment and a digital twin for the program. Jacobs also managed the BREEAM (Building Research Establishment Environmental Assessment Methodology) Infrastructure assessment for the Leeds Station Capacity improvement, the first TRU project to achieve the BREEAM Infrastructure Excellent rating. In 2024, Jacobs helped Network Rail deliver the first electric trains running east out of Manchester and manage a series of complex closures along the route to enable key improvement works. Jacobs also supports the TRU social impact program. Between April 2019 and October 2024, the TRU social impact program delivered a significant social return on investment through the employment of 320 apprenticeships, engagement of more than 54,000 young people in STEAM (Science Technology, Engineering, Arts, Mathematics) delivery of 19,900+ days of work experience, and $693 million (£547M) spent with local businesses and $353M (£279M) with Small Medium Enterprises (SMEs). Jacobs draws on global rail infrastructure delivery experience on programs like New York City's Grand Central Madison project, the U.K.'s Elizabeth line, Malaysia's Klang Valley Mass Rapid Transit and Etihad Rail, one of the largest infrastructure efforts in the United Arab Emirates. At Jacobs, we're challenging today to reinvent tomorrow – delivering outcomes and solutions for the world's most complex challenges. With approximately $12 billion in annual revenue and a team of almost 45,000, we provide end-to-end services in advanced manufacturing, cities & places, energy, environmental, life sciences, transportation and water. From advisory and consulting, feasibility, planning, design, program and lifecycle management, we're creating a more connected and sustainable world. See how at jacobs.com and connect with us on LinkedIn, Instagram, X and Facebook. 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] SOURCE Jacobs

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