Jacobs Solutions Gets $249 Mln Contract From U.S. Army Corps For Japan

(RTTNews) - Jacobs Solutions Inc. (J), a professional services company, Thursday announced that it secured a contract from the Japan District of the U.S. Army Corps of Engineers or USACE to deliver architecture and engineering services.

USACE Japan estimates the total contract value at $249 million. The services are over a seven-year period, which includes a five-year base period and a two-year option period.

Under the contract, the company will provide a range of services for the U.S. Military construction, sustainment, restoration and modernization, and host nation construction programs.

The anticipated projects draw on Jacobs' design-build capabilities supporting U.S. military installations and base-wide critical infrastructure.

In the pre-market trading, Jacobs Solutions is 0.25% higher at $141.99 on the New York Stock Exchange.