Jacobs Secures Environmental Services Contract with US Air Force | J Stock News

Author's Avatar
Apr 16, 2025
Article's Main Image
  • Jacobs (J, Financial) secures a $1.5 billion contract with the U.S. Air Force for environmental services.
  • The contract extends over a potential 10-year period, with a 5-year base and a 5-year option.
  • Ranked #1 in Sanitary & Storm Sewers, Sewer & Waste and Wastewater Treatment by Engineering News Record 2024.

Jacobs (J) has been awarded a significant environmental services contract valued at $1.5 billion by the U.S. Air Force Civil Engineer Center (AFCEC). This contract is structured as an indefinite delivery indefinite quantity (IDIQ) multiple award task order contract (MATOC), allowing Jacobs to deliver architecture and engineering services on a global scale.

The agreement carries a five-year base period with an option to extend for an additional five years. The services under this contract encompass environmental restoration, conservation, planning, quality services, and include planning, investigation, assessment, design, construction phase design, and field inspection operations. Jacobs will cater to the U.S. Air Force, Air Force Material Command, Air Force Installation and Mission Support Center, AFCEC, and other federal agencies.

Jacobs holds a prominent position in the environmental services sector, ranking #1 in Sanitary & Storm Sewers, Sewer & Waste and Wastewater Treatment, as well as #2 in Chemical & Soil Remediation and Site Assessment & Compliance, according to the 2024 Engineering News Record. This contract is indicative of Jacobs' strategic emphasis on environmental business as a core growth driver, further solidifying their expertise in federal environmental compliance.

Jacobs generates approximately $12 billion in annual revenue and employs nearly 45,000 personnel. This contract not only enhances Jacobs' position as a leader in the environmental services industry but also reaffirms their longstanding relationship with defense agencies by supporting critical infrastructure and national security initiatives. The contract underscores Jacobs’ capability to offer comprehensive solutions across multiple federal agencies, creating synergies that can lead to additional opportunities.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.