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Jacobs Solutions Inc. J has secured a multi-year award from the U.S. Air Force Civil Engineer Center (“AFCEC”) to support global architecture and engineering services. The contract is structured as an Indefinite Delivery Indefinite Quantity, Multiple Award Task Order Contract, and includes work related to environmental restoration, conservation, planning and quality.
Jacobs will provide these services under a five-year base period, with an option to extend for another five years. The agreement has an estimated ceiling of $1.5 billion.
Jacobs to Support US Air Force With Environmental Services
Jacobs has delivered critical infrastructure, and architecture and engineering services to the U.S. Air Force for more than 20 years. This contract highlights the company's role in supporting national security through a broad perspective, which includes not only base operations but also the resilience of critical infrastructure such as cyber networks, water systems, energy grids and the environmental landscape.
Per the contract, the company will provide comprehensive environmental services to the U.S. Air Force, Air Force Materiel Command, Air Force Installation and Mission Support Center, AFCEC, and other Department of Defense and federal agencies. The support will include planning, investigation, assessment, design, construction phase design and field inspection.
Jacobs’ Backlog Strengths Support Its Growth Trend
Jacobs’ efficient project execution has increased the demand for its consulting services in various sectors, including infrastructure, water, environment, space, broadband, cybersecurity and life sciences. The company’s ongoing contract wins are a testimony to the fact.
At the end of first-quarter fiscal 2025, the backlog of $21.8 billion was up 18.9% from $18.35 billion on a year-over-year basis. This uptrend was primarily driven by strong project wins, especially across its key end markets, including Water and Environmental, Life Sciences and Advanced Manufacturing, and Critical Infrastructure. With strong new sales and potential business prospects, Jacobs expects a positive outlook for many of the industry groups and sectors in which its clients operate.
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J stock has trended down 12.8% year to date compared with the Zacks Technology Services industry’s 28.7% decline. Despite the ongoing global market uncertainties, the company is expected to continue benefiting from strong trends in infrastructure modernization, energy transition and national security in the upcoming period.