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Jacobs Secures Environmental Services Contract with US Air Force

1. Jacobs won a $1.5 billion contract with the U.S. Air Force. 2. The contract spans environmental services for five years plus an option. 3. Jacobs has over 20 years of service to the U.S. Air Force. 4. Strategic focus on critical infrastructure resilience is highlighted. 5. Jacobs ranks highly in environmental consulting, enhancing market position.

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FAQ

Why Bullish?

The substantial $1.5 billion contract signals growth prospects for Jacobs, similar to past wins that positively influenced stock performance, such as their recent contract with NASA.

How important is it?

The contract with the U.S. Air Force enhances Jacobs' revenue inflow and recognition in the marketplace, likely increasing investor confidence and stock value.

Why Long Term?

The five-year contract duration and option indicate sustained revenue expansion potential, reflecting Jacobs' long-term strategic alignment with federal contracts.

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Multi-year award supports environmental compliance and restoration efforts for US Air Force installations and federal agencies globally , /PRNewswire/ -- Jacobs (NYSE: J) was selected by the U.S. Air Force Civil Engineer Center (AFCEC) to deliver architecture and engineering globally through an indefinite delivery indefinite quantity (IDIQ), multiple award task order contract (MATOC) to support environmental restoration, environmental conservation, planning and environmental quality. 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 Susannah Kerr. "This contract is one example of how national security isn't just about what happens inside a base—it encompasses a holistic perspective that includes the resilience of critical infrastructure such as cyber networks, water systems, energy grids and the environmental landscape." The U.S. Air Force and the AFCEC environmental program value the anticipated contract ceiling at $1.5 billion. Jacobs will provide services under a five-year base period and one five-year option period.  Jacobs also supports other U.S. federal organizations with environmental compliance, remediation, regeneration and associated critical infrastructure and program management solutions. These include working with the Naval Facilities Engineering Systems Command (NAVFAC) Atlantic under a single-award IDIQ to provide multimedia environmental compliance engineering in the eastern half of the U.S., Europe, Africa and the Middle East, and working with the National Aeronautics and Space Administration (NASA) to restore multiple installations through environmental engineering. Jacobs has worked with the U.S. Environmental Protection Agency at the Velsicol superfund site for more than 20 years, restoring health and safety to residents and wildlife habitats along Pine River, Michigan, and more recently aiding in efforts to clean up and restore 22 of the 25 remaining Great Lakes Areas of Concern by 2030. 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 $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 WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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