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Jacobs Selected to Operate and Maintain Jackson, Mississippi, Water Treatment System

1. Jacobs awarded a ten-year contract to improve Jackson, Mississippi's water services. 2. The new deal follows a successful short-term agreement benefiting 180,000 residents.

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Why Bullish?

The long-term contract indicates stable revenue growth for Jacobs, similar to previous successful contracts.

How important is it?

Long-term contracts typically enhance investor confidence in revenue stability.

Why Long Term?

The ten-year duration signals sustained cash flow, unlike short-term projects.

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Ten-year contract will continue to improve water service in Mississippi's state capitol DALLAS , Jan. 30, 2025 /PRNewswire/ -- Jacobs (NYSE:J) was selected to operate and maintain the water treatment system in Jackson, Mississippi, by JXN Water, the entity responsible for ensuring reliable water service for citizens in the state's largest city. This contract follows a short-term operations and maintenance (O&M) agreement that provided nearly 180,000 residents in and around Jackson with more reliable drinking water.

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