Jacobs Selected For Metropolitan Transit Authority Of Harris County Transit Program; Terms Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
Jacobs Engineering Group Inc. has been selected for the Metropolitan Transit Authority of Harris County's transit program. The terms of the deal were not disclosed.
October 25, 2023 | 11:50 am
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Jacobs Engineering Group Inc. has secured a new contract with the Metropolitan Transit Authority of Harris County. The financial details of the deal were not disclosed.
Securing a new contract generally has a positive impact on a company's stock as it indicates potential future revenues. However, as the financial details of the deal were not disclosed, it's difficult to estimate the exact impact on Jacobs Engineering Group's financials.
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