Jacobs Secures $249M Contract To Manage Architecture And Engineering For US Navy In The Southwest
Portfolio Pulse from Benzinga Newsdesk
Jacobs Engineering Group Inc. has secured a $249 million contract to manage architecture and engineering services for the US Navy in the Southwest region.
May 23, 2023 | 11:51 am
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Jacobs Engineering Group Inc. has been awarded a $249 million contract to manage architecture and engineering services for the US Navy in the Southwest.
The $249 million contract awarded to Jacobs Engineering Group Inc. is a significant win for the company, as it will boost their revenues and strengthen their relationship with the US Navy. This news is likely to have a positive impact on the company's stock price in the short term, as investors may view this as a sign of the company's growth and ability to secure large contracts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100