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.
Jacobs served as lead designer on Washington Department of Transportation’s I-5 Steilacoom-DuPont Road to Thorne Lane Corridor Improvement project, recently named as a Gold Award National Finalist in the Transportation category at the American Council of Engineering Companies’ 2024 Engineering Excellence Awards. Read more about the project and how it’s improving safety and connection in Washington state.
Heralding a new era in air travel, The Burbank-Glendale-Pasadena Airport Authority rolled out the red carpet to celebrate the glamorous 94th anniversary of Hollywood Burbank Airport on May 30, 2024! With this celebration, officials sealed the deal on $724.78 million in 2024 Airport Revenue Bonds, which were issued through an underwriting syndicate led by BofA Securities with Public Resources Advisory Group serving as the Authority’s municipal advisor. The bonds are paving the way for a brand-new, state-of-the-art passenger terminal that will be 355,000-square-feet and include a 14-gate terminal that promises to redefine the airport experience for millions of travelers. Get a look at how we’re taking Hollywood Burbank Airport to new heights in this article.
Learn more about the #OurJacobs Bridges to Prosperity trip to build a suspension bridge in Rwanda and connect rural communities with vital resources.
Jacobs (NYSE:J) has been appointed by Hertfordshire County Council to provide multi-discipline and flexible highways and environmental professional services to advance the public highways network in Hertfordshire, U.K.
