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Stock Market & Financial Investment News

News Breaks
August 5, 2014
07:48 EDTJECJacobs awarded contract for NASA’s Asteroid Redirect Mission
Jacobs Engineering announced it was awarded a Phase I contract for the conceptual design of an asteroid capture system for NASA’s Asteroid Redirect Mission. The ARM forms a critical part of NASA’s technology development plans for future human spaceflight operations and the overarching goal of a manned Mars mission. The goal of this contract is to design a system capable of capturing and securing an asteroid as wide as 10 meters and as heavy as 1,000 metric tons. Jacobs’ concept uses a series of deployable booms that unfold and extend around the target asteroid. NASA is interested in the technology not only for ARM, but also for capture of unresponsive satellites or other large orbital debris. This is one of four awards made by NASA for asteroid capture system concepts. Jacobs is constructing a physical model of the proposed design.
News For JEC From The Last 14 Days
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February 9, 2016
07:46 EDTJECJacobs wins three year contract from Georgia Department of Transportation
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07:45 EDTJECJacobs Engineering wins Marine Corps Special Operations Command contract
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February 3, 2016
11:32 EDTJECJacobs sees underlying Q2 results 'similiarly challenged' as Q1
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11:30 EDTJECJacobs Engineering says continues to identify additional cost reductions
Says adverse market conditions, particularly in oil and mining, continue to have significant impact on businesses. Says growth markets including aeropsace, pharma-bio helped mitigate pressures from more challenged sectors. Says balance sheet "strong," should strengthen further. Regarding restructuring, says continues to identify additional cost reductions and believes company has opportunities to further streamline and achieve more efficiences. Says conducting economic review of entire portfolio. Sees "a lot of uncertainty" in oil and gas markets. Says refining segment "solid." Says share buyback program an appropriate use of cash. Comments taken from the Q1 earnings conference call. Jacobs is down 3.83% to $37.18 in late morning trading.
08:34 EDTJECJacobs Engineering reports total backlog of $18.2B at January 1
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08:33 EDTJECJacobs Engineering backs FY16 adjusted EPS view $2.80-$3.30, consensus $3.08
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08:32 EDTJECJacobs Engineering reports Q1 adjusted EPS 78c, consensus 69c
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February 2, 2016
07:49 EDTJECJacobs awarded Pre-FID study contract for Baltic Gas project
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07:48 EDTJECJacobs awarded $436M Aberdeen Test Center support services contract
Jacobs Engineering announced it received a contract from the U.S. Army to provide test support services to the Aberdeen Test Center at Aberdeen Proving Ground, Maryland. Jacobs has supported ATC since 2001 through two predecessor contracts and one bridge contract. The total maximum cost of the five-year indefinite delivery/indefinite quantity contract is $436M. Jacobs' role is to provide mission test support services to ATC, one of the Department of Defense's premier test and training ranges supporting both military and commercial materiel developers, by testing a broad spectrum of equipment throughout the life cycle, from concept through deployment.
January 29, 2016
07:46 EDTJECJacobs confirmed in framework for decommissioning work with Sellafield
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