About Jacobs Solutions

Jacobs Solutions Inc. operates as a professional services company that designs and deploys technology-centric solutions worldwide. The company provides a broad range of technical, professional and construction services, including engineering, design, and architectural services; construction and construction management services; operations and maintenance services; and process, scientific and systems consulting services. The company provides its services through offices and subsidiaries located primarily in North America, Europe, the Middle East, India, Australia, New Zealand, and Asia. In March 2022, the company launched a three-year strategy that builds on its success over the preceding three years and takes advantage of a new lens crafted from the incredible pace of change in the world and in its markets. The company focuses on broadening its leadership in high growth sectors aligned with long-term secular trends, such as infrastructure renewal and investment, and the global transition to more sustainable ways of living. An extensive evaluation of global trends, capabilities and markets to understand the largest opportunities, projected spend and growth rates identified three growth accelerators: Climate Response, Consulting & Advisory and Data Solutions, which cut across the company's entire organization and markets creating connections among global market trends. The company's three growth accelerators are delivering significant value for its clients, positioning it for high-margin growth while advancing sustainability and social value in the communities where it serves. The company has a pivotal role to play across the entire Climate Response value chain - focusing on end-to-end solutions in energy transition, decarbonization, adaptation and resilience, and regenerative and nature-based climate solutions. Through its Consulting & Advisory capabilities, the company deepen its involvement with its clients to help them conceptualize, shape, and realize their future. The company also harness its Data Solutions, providing data and digital capabilities, products and tools to help its clients operate more efficiently in a safe environment and capitalize on their data more than ever before. Jacobs holds leading positions across its sectors in the Engineering News Record (ENR)'s rankings for Advanced Manufacturing, Cities & Places, Energy & Environment, Health & Life Sciences and Infrastructure. On February 4, 2022, Jacobs acquired StreetLight Data, Inc. (StreetLight). StreetLight is a pioneer of mobility analytics who uses its data and machine learning resources to shed light on mobility and enable users to solve complex transportation problems. Segments The company operates through four segments, Critical Mission Solutions (CMS), People & Places Solutions (P&PS), Divergent Solutions (DVS), and PA Consulting Group Limited (PA Consulting). Critical Mission Solutions (CMS) In fiscal 2023, Jacobs' Critical Mission Solutions line of business provided a full spectrum of solutions for clients to address evolving challenges like digital transformation and modernization, national security and defense, space exploration, digital asset management, the clean energy transition, and nuclear decommissioning and cleanup. The company's core capabilities include systems and software development and application integration services and consulting; enterprise level IT operations and mission IT services; engineering, design and construction of specialized technical facilities and systems; testing and mission integration; enterprise operations and maintenance; program management; research, development, test and evaluation services; specialized training and mission operations; environmental remediation; and other highly technical consulting solutions to government agencies, as well as commercial clients in the U.S. and international markets. The company leverages its deep experience to support clients in the Aerospace, Automotive, Telecommunications, Intelligence, Defense and Energy sectors to develop lasting solutions in the communities where it lives and works. The company's clients include the U.S. Department of Defense (DoD), the Combatant Commands, the U.S. Intelligence Community, NASA, the U.S. Department of Energy (DoE), EDF Nuclear Generation, the U.K. Ministry of Defence, the U.K. Nuclear Decommissioning Authority (NDA), and the Australian Department of Defence, as well as private sector clients mainly in the aerospace, automotive, motorsports, energy, and telecom sectors. Serving Mission-Critical Sectors Trends affecting the company's government clients include an evolving external threat environment including digital transformation and IT modernization; national security and defense infrastructure modernization; space exploration and domain dominance; intelligent asset management to improve capability and extend the life of aging facilities; research and development of nuclear fission and fusion energy technologies and solutions to accelerate the global clean energy transition; and decommissioning and remediation of legacy nuclear sites, all of which are driving demand for its highly technical solutions. The company is also witnessing an increase in the capabilities of unmanned aircraft and hypersonic weapons, which is impacting both offensive and defensive spending priorities among its clients and is a driver for next generation solutions such as C5ISR (command, control, communications, computer, combat systems, intelligence, surveillance, and reconnaissance) and advanced aeronautical and aerothermal testing, respectively. Additionally, it has seen an increase in space exploration initiatives both from the U.S. government, such as NASA's Artemis program to return to the moon in 2024, as well as the commercial sector. Within nuclear energy and as part of its Climate Response, the company's customers have decades-long initiatives to manage and upgrade existing energy infrastructure, construct new nuclear power plants, as well as small and advanced modular reactors, and decommission and remediate end-of-life assets. The company's international clients, which accounted for 22% of fiscal 2023 revenue, have also increased demand for its IT and advanced infrastructure solutions, defense and nuclear energy capabilities. In fiscal 2023, approximately 8% of CMS's revenue was from U.S. commercial sectors, including telecommunications, which anticipates a large cellular infrastructure build-out from 4G to 5G technology. Like the company's government services clients, its commercial clients are seeking ways to improve capabilities, and optimize their facilities with network connected facilities and equipment. People & Places Solutions (P&PS) In the year ended September 29, 2023 (fiscal 2023), Jacobs' People & Places Solutions line of business provided end-to-end solutions for the company's clients' most complex challenges related to climate change, energy transition, connected mobility, integrated water management, and biopharmaceutical manufacturing. The company combines deep experience in the following sectors - Advanced Manufacturing, Cities & Places, Energy & Environment, Transportation and Water. The company's core skills revolve around consulting, planning, architecture, design, engineering, infrastructure delivery services including project, program and construction management and long-term operation of facilities. Increasingly, the company uses data science and technology-enabled expertise to deliver positive and enduring outcomes for the clients and communities it serves. The company's clients include national, state, and local governments in the U.S., Europe, U.K., Middle East, and Asia Pacific, and multinational and local private sector clients throughout the world. Serving Broad Industry Sectors that Support People and Places Infrastructure modernization; climate change; urbanization and population growth; water, food and energy security; strengthening global supply chains; and digital transformation are driving new challenges and opportunities for the company's clients. These drivers require holistic, integrated and sustainable solutions that draw on its significant knowledge in the markets it serves. This increase in technology-enabled solutions is a key factor in the company's growth strategy - both organic and through its recent acquisitions and strategic investments. The company's business model is evolving to include proprietary software and analytics to solve modern challenges. The company designs and delivers battery and vehicle manufacturing facilities for private clients across North America and Europe. In the Energy & Power space, the company is supporting the buildout of enabling infrastructure supporting the development of offshore wind assets, especially in the northeast United States. Its knowledge in the environmental, water and wastewater, solid waste, aviation and infrastructure markets has made it a top-ranked environmental consultant and the company has supported clients with PFAS assessment and remediation at thousands of sites. Finally, the company has long-standing partnerships with the world's leading life sciences firms, designing and delivering advanced facilities that manufacture critical life-changing vaccines and therapies. A strong foundation of innovative solutions, a culture of sustainability and inclusion, a focus on climate response and resilience, and an expansive consulting and advisory mindset are woven into every project the company delivers for the benefit of people, places and the planet in the communities it serves. Divergent Solutions (DVS) Jacobs' business unit and operating segment, Divergent Solutions, serves as the core foundation for developing and delivering innovative, next-generation cloud, cyber, data and digital technologies. DVS further strengthens its ability to drive value for clients of both lines of business (LOBs) by leveraging a full spectrum of cyber, data analytics, systems and software application integration services across the company. Its core capabilities include global strategic alliances, innovation collaboration, next-generation technologies, software and data as a service, and data and secure solutions, all aligned to the three high-growth verticals of Transportation, Water and National Security. DVS clients include government agencies and commercial clients in the U.S. and international markets. The Reverse Morris Trust transaction announced on November 20, 2023, include portions of DVS, including the Cyber & Intelligence business. PA Consulting (PA) Jacobs invested in a 65% stake in PA Consulting, the company that is bringing ingenuity to life. PA accelerates new growth ideas from concept, through design and development and to commercial success, and revitalizes organizations, building leadership, culture, systems and processes to make innovation a reality. PA's team of approximately 4,000 strategists, innovators, designers, consultants, digital experts, scientists, engineers, and technologists work across seven sectors: consumer and manufacturing, defense and security, energy and utilities, financial services, government, health and life sciences, and transport to make a positive impact alongside the clients it supports. PA has a diverse mix of private and public sector clients. Private sector clients include global household names like Unilever and Pret A Manger; and start-ups like PulPac, which is converting plant fibers into sustainable packaging, and Hydrow, with its award-winning indoor rowing machine. Public sector clients include national and local government entities like the U.K.'s Ministry of Defence and National Health Service, the Swedish Payments Authority (Utbetalningsmyndigheten), and the U.K.'s Hampshire County Council. The company is deploying the collective strengths of Jacobs and PA to create significant opportunities for its clients to adapt, innovate and transform. Alongside Copenhagen Metro - one of the most advanced public transport systems in Europe - it is providing strategic management and technical services to support its operations and maintenance. It has also been selected by the U.K. Department for Transport to provide technical and commercial advice on its portfolio of rail and other transport mode agreements, major projects and programs, and its policy and strategic work in transport. Competition The company's competitors include AECOM, Booz Allen, CACI, KBR, Leidos, ManTech, Parsons, SAIC, Tetra Tech, WSP, General Dynamics, Northrop Grumman, Accenture, Altair, Stantec, Montrose, Capgemini, Cognizant, DXC Technology, Fluor, 3LHarris, EPAM Systems, Globant, Endava, Exponent, IBM, Infosys, Deloitte, KPMG, PwC, Perficient, Procure, ICF International, TTEC, and Huron. History Jacobs Solutions Inc. was founded in 1947. The company was incorporated as a Delaware corporation in 1987.

Country
Industry:
Computer programming, data processing, and other computer related services
Founded:
1947
IPO Date:
05/24/1971
ISIN Number:
I_US46982L1089
Address:
1999 Bryan Street, Suite 3500, Dallas, Texas, 75201, United States
Phone Number
214 583 8500

Key Executives

CEO:
Pragada, Robert
CFO
Jaramillo, Claudia
COO:
Data Unavailable