Jacobs Engineering Group

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Jacobs Engineering Group Inc.
Public
Traded asNYSEJEC
S&P 500 Component
IndustryEngineering
Construction
Founded1947
FounderJoseph J. Jacobs
HeadquartersHarwood Center
Dallas, Texas[1]
, United States
Area served
Worldwide
Key people
Steven J. Demetriou
(Chairman and CEO)[2]
RevenueDecrease US$ 12,114.832 million (2015)[3]
Decrease US$ 445.527 million (2015)[3]
Decrease US$ 328.882 million (2015)[3]
Total equityDecrease US$ 4,291.745 million (2015)[3]
Number of employees
54,000 (2016) [1]
Websitewww.jacobs.com

Jacobs Engineering Group Inc. (NYSEJEC) is an international technical professional services firm.[4]

Overview[edit]

Jacobs Engineering was founded in 1947 by Joseph J. Jacobs. As of 2016 the Chairman and CEO is Steven J. Demetriou.[2] The previous President and CEO was Craig L. Martin from 2006 until 2014.[5]

The company is publicly traded as a Fortune 500 company,[6] and as of October 2016 had 50,000 employees globally.[7] Jacobs has more than 250 offices in North America, South America, Europe, the Middle East, Australia, Africa, and Asia.[8]

In October 2016, the company moved its headquarters from California to Dallas, Texas.[7]

On August 2, 2017, the company announced its acquisition of global engineering firm CH2M Hill in a $3.3 billion deal.[9]

On August 9, 2017, the Pentagon announced a $4.6 billion contract award to the Missile Defense Agency for its Integrated Research and Development for Enterprise Solutions (IRES) contract.[10][11]

The company is structured around three lines of business: Aerospace, Technology, Environmental & Nuclear (ATEN), Buildings, Infrastructure & Advanced Facilities (BIAF) and Energy, Chemicals and Resources (ECR). In October 2018 it was announced that the ECR part of the business was to be sold to WorleyParsons.[12]

See also[edit]

References[edit]

  1. ^ a b "Archived copy". Archived from the original on 2017-08-05. Retrieved 2017-08-27.
  2. ^ a b "Steve Demetriou Appointed Chairman of the Jacobs Board; Linda Fayne Levinson Named Lead Director". Business Wire. 2016-07-28. Retrieved 2017-05-27.
  3. ^ a b c d "10-K". Sec.gov. Retrieved 2017-05-27.
  4. ^ "Can Jacobs Engineering Group Inc. (NYSE:JEC) Surprise Analysts?". Investor Newswire. Archived from the original on 30 June 2015. Retrieved 3 July 2015.
  5. ^ "Jacobs Engineering CEO Craig Martin announces retirement, cites health reasons". Star Tribune. 23 November 2014. Archived from the original on 29 November 2014. Retrieved 25 November 2014.
  6. ^ "Jacobs Engineering Group - Fortune 500". money.cnn.com. 2012. Retrieved 2012-05-08.
  7. ^ a b "Archived copy". Archived from the original on 2017-08-05. Retrieved 2017-08-27.
  8. ^ "Company Fact Sheet" Archived 2016-03-19 at the Wayback Machine. Jacobs Engineering Group Inc. Retrieved 23 April 2016.
  9. ^ "Jacobs Engineering to boost government business with CH2M buy," Reuters, 2 August 2017. Retrieved 2 August 2017.
  10. ^ "Jacobs Technology wins $4.6 billion U.S. defense contract: Pentagon". Reuters. August 9, 2017. Retrieved 2017-08-09.
  11. ^ "Contracts for August 9, 2017". U.S. DEPARTMENT OF DEFENSE. Retrieved 2017-08-09.
  12. ^ "Jacobs Accelerates Portfolio Transformation with Sale of Energy, Chemicals and Resources Business to WorleyParsons for $3.3 Billion". Invest.jacobs.com. Retrieved 2018-10-23.

External links[edit]