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Stock Market & Financial Investment News

News Breaks
July 1, 2014
13:43 EDTJECJacobs completes Federal Network Systems acquisition
Jacobs Engineering announced that it completed its acquisition of Federal Network Systems, headquartered in Ashburn, Virginia. Company officials did not disclose the terms of the agreement.
News For JEC From The Last 14 Days
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May 19, 2015
07:45 EDTJECJacobs Engineering receives contract from Bristol-Myers
Jacobs Engineering (JEC) received a contract from Bristol-Myers Squibb Company (BMY) to provide construction management services for a new large-scale biologics manufacturing facility in Cruiserath, County Dublin, Ireland. Jacobs is also providing architectural and engineering services for the facility, which is being built to produce multiple therapies for the company’s robust and growing portfolio of approved and investigational biologic medicines, and to increase Bristol-Myers Squibb’s biologics manufacturing capacity. The new facility is expected to include multiple large scale bioreactors, a purification area, as well as office and laboratory space. Bristol-Myers Squibb’s Board of Directors has approved initial funding that will support the first phase of the project, with the full cost of the facility expected to be finalized in the second half of 2015. The facility is estimated to be operational in 2019.

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