Jacobs announced today that Bob Pragada, Jacobs' CEO, has been appointed to the additional position of Chair of the Board effective upon close of the separation of its Critical Mission Solutions and Cyber and Intelligence businesses. Pragada becomes the fourth Chair in the company's history.
Jacobs (NYSE:J) announced today that its Board of Directors has set the close of business on September 23, 2024, as the record date for the spin-off distribution of its Critical Mission Solutions and Cyber & Intelligence government services businesses. The spin-off is part of Jacobs' previously announced plan to separate these businesses and merge them with Amentum in a Reverse Morris Trust transaction. The spin-off and merger are expected to be completed at 4:05 p.m. and 4:10 p.m. Eastern Time, respectively, on September 27, 2024, and will create a new publicly traded company listed on the NYSE named Amentum Holdings, Inc. ("Amentum").
Jacobs, the managing partner for a joint venture (JV) between Jacobs and CDM Smith, was awarded a Public Assistance Technical Assistance Contract V (PA TAC V) for continued support of the U.S. Department of Homeland Security's Federal Emergency Management Agency's (FEMA) mission.
Jacobs has enrolled as an Indigenous Procurement Champion with the Canadian Council for Indigenous Business (CCIB). This partnership underscores Jacobs’ commitment to advancing Indigenous supplier engagement and advancing economic growth with Indigenous businesses. Read more about the program and our commitment in this article.
Supporting the MOD’s single biggest estates change program within defense to improve facilities and release land for vital community enhancing construction projects.
Joint venture leads development proposals to help deliver a brand-new drought resilience project, known as Teddington Direct River Abstraction.
Jacobs has been appointed by the U.K. Department for Energy Security & Net Zero (DESNZ) to deliver technical project management support to the Carbon Capture, Usage and Storage (CCUS) program, an essential element of the U.K.’s commitment to deliver a net-zero economy by 2050.
After 40 years of septic problems, Fall City’s business district is finally getting relief. A shared drain field, funded by almost $9 million from Washington State and Federal American Rescue Plan grants, will replace aging septic tanks. The system uses pre-treatment devices and pumps to treat wastewater, turning it into sub-surface irrigation for a nearby park. The project was so successful, the Fall City Waste Management System was awarded the King County 2023 Best-Run Government Innovation Award for Climate and Environmental Stewardship. Read more about the project in this article.
