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Jacobs Solutions Inc. is a global professional services company that delivers technology-centric solutions to tackle complex challenges across various sectors . The company operates through two primary lines of business: Critical Mission Solutions (CMS) and People & Places Solutions (P&PS), offering services that range from information and cyber warfare to climate change and smart cities . Jacobs generates revenue from both cost-reimbursable and fixed-price contracts, with a significant portion coming from cost-reimbursable contracts . The company also invests in PA Consulting and operates Divergent Solutions (DVS), which integrates offerings to both CMS and P&PS . Jacobs' operations are geographically diverse, with a presence in North America, Europe, the Middle East, India, Australia, New Zealand, and Asia .
- Critical Mission Solutions (CMS) - Provides solutions for information and cyber warfare, digital transformation, national security, defense, space exploration, and green energy transition, serving sectors like Aerospace, Automotive, Space, Telecom, Intel, Defense, and Energy .
- People & Places Solutions (P&PS) - Offers end-to-end solutions for challenges related to climate change, energy transition, connected mobility, integrated water management, and smart cities, serving clients in Infrastructure, Cities & Places, Energy & Environmental, Health & Life Sciences, and Advanced Manufacturing .
- Divergent Solutions (DVS) - Integrates offerings to both CMS and P&PS, enhancing the company's ability to deliver comprehensive solutions across its business lines .
| Name | Position | External Roles | Short Bio | |
|---|---|---|---|---|
Robert V. Pragada ExecutiveBoard | Chair and Chief Executive Officer | Director at Eaton Corporation plc; Director of PA Consulting Group Limited; Board Director of the U.S. Naval Academy Foundation; Board Director of the Dallas Regional Chamber; Advisory Council Member of the Dallas Mavericks. | Robert V. Pragada is the Chair and CEO of Jacobs Solutions Inc. since January 2023. He has held various leadership roles at Jacobs since 2006, including President and COO. He played a critical role in Jacobs' acquisition and integration of CH2M Hill and the majority ownership of PA Consulting. | View Report → |
Joanne E. Caruso Executive | Executive Vice President and Chief Legal and Administrative Officer | None | Joanne E. Caruso joined Jacobs in 2012 and serves as EVP and Chief Legal and Administrative Officer. She previously held roles as Senior Vice President, Chief Administrative Officer, and Senior Vice President, Global Human Resources. | |
Patrick X. Hill Executive | Executive Vice President and President, Global Operations | None | Patrick X. Hill joined Jacobs in 1998 and is EVP and President of Global Operations. He has held senior leadership positions across multiple sectors and regions, contributing to the company's growth and operational excellence. | |
Shannon Miller Executive | Executive Vice President and President, Strategy, Growth & Digital | None | Shannon Miller joined Jacobs in 1998 and is EVP and President, Strategy, Growth & Digital. She has held various roles in operations, sales, and functional leadership, contributing to cultural and digital transformation. | |
Venk Nathamuni Executive | Chief Financial Officer | None | Venk Nathamuni joined Jacobs as CFO in June 2024. He oversees financial operations, enterprise-wide optimization, capital allocation, and investor relations. He previously served as CFO at Cirrus Logic and held leadership roles at Arista Networks and Maxim Integrated Products. | |
William B. Allen, Jr. Executive | Chief Accounting Officer | None | William B. Allen, Jr. joined Jacobs in 2016 as Chief Accounting Officer. His signature as CAO is present in the company's FY 2024 10-K filing. | |
Georgette D. Kiser Board | Board Member | Director at Aflac Inc.; Director at Adtalem Global Education; Director at Claritas; Advisor at BusinessOptix; Advisor at Advancing Women Executives (AWE); Member of the Board of YearUp.org. | Georgette D. Kiser is a director at Jacobs since 2019. She was previously the Chief Information Officer and Managing Director at The Carlyle Group and has extensive experience in IT strategies and solutions. | |
Julie A. Sloat Board | Board Member | Board Member at American Electric Power Company, Inc.; Board Member at Columbus Downtown Development Corporation; Board Member at Edison Electric Institute; Board Member at Ohio Business Roundtable; Board Member at Pelotonia; Board Member at The Columbus Partnership; Board Member at U.S. Business Roundtable; Chair of the Board of Directors for the Foundation Board of The Arthur G. James Cancer Hospital and Richard J. Solove Research Institute. | Julie A. Sloat is a member of the Board of Directors at Jacobs since December 1, 2023. She previously served as Chair, President, and CEO of American Electric Power Company, Inc.. | |
Louis V. Pinkham Board | Board Member | CEO and Board Member at Regal Rexnord Corporation; Board of Trustees at University of Chicago Medical Center; Museum of Science and Industry in Chicago; Manufacturers Alliance for Productivity and Innovation (MAPI). | Louis V. Pinkham is a member of the Board of Directors at Jacobs since December 1, 2023. He brings over 20 years of leadership experience in strategy, transformation, and innovation, with a focus on critical infrastructure and sustainability. | |
Manny Fernandez Board | Board Member | Director at HF Sinclair Corp.; Director of the Latino Corporate Directors Association (LCDA); Member of the American Institute of Public Accountants. | Manny Fernandez is a Director at Jacobs since 2020. He has over 35 years of experience advising large multinational public and private companies in business and financial operations, risk management, and M&A. | |
Mary M. Jackson Board | Board Member | Independent Director at Victory Capital Holdings, Inc.; Independent Director at Custom Truck One Source, Inc.; Board Member at United States Naval Academy Foundation. | Mary M. Jackson is a director at Jacobs since July 11, 2024. She served in the United States Navy for over three decades, retiring as Vice Admiral, Navy Installations Command. | |
Michael M. Collins Board | Board Member | Partner at Bain & Company; Board Member at Civic Consulting Alliance. | Michael M. Collins is a member of the Board of Directors at Jacobs since September 23, 2024. He is a Partner at Bain & Company and has over 30 years of experience in global management consulting. | |
Peter J. Robertson Board | Board Member | Director, International House at Berkeley; Director, Sylvan Source, Inc.. | Peter J. Robertson is a director at Jacobs since 2009. He has extensive experience from his 36-year career at Chevron Corporation, where he held significant roles such as Executive Vice President and Vice Chairman of the Board. | |
Priya Abani Board | Board Member | CEO & President, Member of Board of Directors at AliveCor, Inc.; Board of Trustees at TIAA. | Priya Abani is a member of the Board of Directors at Jacobs since 2021. She is recognized as an independent director and serves on the Audit and Nominating & Corporate Governance committees. She is also the CEO & President of AliveCor, Inc.. | |
Robert A. McNamara Board | Board Member | Director at UDR, Inc.; Past Board Member of the US China Business Council; Past Chairman for the Construction Industry Institute’s Technology Implementation Task Force. | Robert A. McNamara is a director at Jacobs since 2017. He has over 35 years of experience managing global businesses in development, design, and delivery of projects across various sectors. |
- "Given the significant reliance on government stimulus programs like the IIJA and CHIPS Act to drive backlog growth, how are you preparing for potential funding delays or reductions, and what steps are you taking to diversify your revenue streams to mitigate this risk?"
- "With the upcoming spin-off and merger with Amentum, can you elaborate on the specific challenges you anticipate in separating the Critical Mission Solutions and Cyber & Intelligence businesses, and how you plan to address any operational disruptions or cost increases during this transition?"
- "You mentioned that approximately two-thirds of your water-related and life sciences business is concentrated in high-value, science-based consulting and advisory services. How sustainable is this level of high-margin work, and what are the risks of increased competition or market saturation impacting your margins in these sectors?"
- "Can you provide more detail on your capital allocation strategy post-spin-off, specifically regarding your appetite for M&A versus returning capital to shareholders, and how you intend to balance organic growth opportunities with potential acquisitions to drive shareholder value?"
- "Given the robust backlog and strong book-to-bill ratio in People & Places Solutions, what challenges do you foresee in converting this backlog into revenue, and are there any capacity constraints or supply chain issues that could impact your ability to deliver on these projects timely and maintain your margin expansion trajectory?"
Competitors mentioned in the company's latest 10K filing.
| Company | Description |
|---|---|
The company competes with this entity across various markets globally, often based on factors such as technical capabilities, reputation for quality, price of services, safety record, availability of qualified personnel, and ability to timely perform work and contract terms. | |
This entity is one of the global competitors in the markets where the company operates, competing on factors like technical capabilities and reputation for quality. | |
WSP | The company identifies this entity as a competitor in its global operations, emphasizing competition on technical capabilities and other service-related factors. |
Arcadis | This entity is listed as a competitor in the company's markets, with competition based on factors such as price of services and safety record. |
Bechtel | The company competes with this entity in various global markets, focusing on factors like availability of qualified personnel and contract terms. |
Arup | This entity is mentioned as a competitor, with competition centered around technical capabilities and reputation for quality. |
Mott MacDonald | The company competes with this entity globally, emphasizing factors such as safety record and ability to timely perform work. |
This entity is one of the competitors in the company's markets, with competition based on technical capabilities and price of services. | |
Parsons | The company identifies this entity as a competitor, competing on factors like availability of qualified personnel and reputation for quality. |
This entity is listed as a competitor, with competition based on technical capabilities and contract terms. | |
Schneider Electric | The company competes with this entity in global markets, focusing on factors such as price of services and safety record. |
Mace | This entity is mentioned as a competitor, with competition centered around technical capabilities and availability of qualified personnel. |
AtkinsRealis | The company competes with this entity globally, emphasizing factors such as reputation for quality and ability to timely perform work. |
This entity is one of the competitors in the company's markets, with competition based on technical capabilities and contract terms. | |
Montrose | The company identifies this entity as a competitor, competing on factors like safety record and price of services. |
Capgemini | This entity is listed as a competitor, with competition based on technical capabilities and availability of qualified personnel. |
The company competes with this entity in global markets, focusing on factors such as reputation for quality and ability to timely perform work. | |
This entity is mentioned as a competitor, with competition centered around technical capabilities and contract terms. | |
The company competes with this entity globally, emphasizing factors such as price of services and availability of qualified personnel. | |
Deloitte | This entity is one of the competitors in the company's markets, with competition based on technical capabilities and reputation for quality. |
KPMG | The company identifies this entity as a competitor, competing on factors like safety record and ability to timely perform work. |
PwC | This entity is listed as a competitor, with competition based on technical capabilities and contract terms. |
Bain & Company | The company competes with this entity in global markets, focusing on factors such as reputation for quality and availability of qualified personnel. |
BCG | This entity is mentioned as a competitor, with competition centered around technical capabilities and price of services. |
McKinsey & Company | The company competes with this entity globally, emphasizing factors such as safety record and ability to timely perform work. |
Notable M&A activity and strategic investments in the past 3 years.
| Company | Year | Details |
|---|---|---|
StreetLight Data, Inc. | 2022 | Jacobs acquired StreetLight Data for an enterprise value of approximately $209 million, paying about $190.7 million in cash plus $0.9 million in equity and $5.2 million in stock options while simultaneously clearing $1.0 million in debt; the deal provided Jacobs with advanced mobility analytics capabilities and significant intangible assets such as technology, customer relationships, and associated goodwill. |
BlackLynx, Inc. | 2021 | Jacobs acquired BlackLynx with a base consideration of $250 million, along with a potential earn‐out of up to $7.5 million, paid in cash and subject to customary post‐closing adjustments; this strategic move enhanced Jacobs’ capabilities in edge computing, hybrid cloud infrastructure, and automated data collection for defense and intelligence markets. |
Recent press releases and 8-K filings for J.
- Jacobs Solutions Inc secured an unrestricted U.S. General Services Administration (GSA) One Acquisition Solution for Integrated Services Plus (OASIS+) Multi-Agency Contract, enabling the delivery of comprehensive integrated services to federal agencies.
- The contract supports a range of services including management, environmental, engineering, and technical support, reinforcing Jacobs’ long-term success with federal clients.
- Jacobs was awarded an indefinite delivery, indefinite quantity (IDIQ) multiple award task order contract valued at $1.5 billion to provide comprehensive environmental services including planning, investigation, design, and field inspection for the US Air Force and other federal agencies.
- The contract encompasses a five-year base period with one five-year option and reinforces Jacobs’ over 20 years of supporting US Air Force infrastructure projects.
- Jacobs Solutions Inc secured a $137 million contract to lead the "Rebuild USVI" initiative, focusing on rebuilding critical infrastructure like hospitals, schools, and utilities.
- The three-year agreement includes both program management and advisory services for future planning, environmental management, and logistics.
- Jacobs’ proven track record in executing major recovery projects highlights its capability in handling complex post-hurricane reconstruction efforts.
- Jacobs received $70 million and 7,299,065 shares of Amentum common stock as final post-closing adjustments under its CMS Separation Transaction, which finalized the combination of its Critical Mission Solutions and Cyber & Intelligence businesses with Amentum Parent Holdings LLC.
- The $70 million was used to reduce outstanding debt, with additional plans, pending Board approval, to distribute the Amentum shares on a pro rata basis to shareholders.
- Jacobs successfully exited its equity stake in Amentum Holdings by exchanging 19,464,174 shares for approximately £240 million in term loans, resulting in an outstanding debt reduction of about $312 million.
- An additional 9,732,087 Amentum shares remain in escrow, contingent upon performance milestones linked to the merger of its Critical Mission Solutions and Cyber & Intelligence businesses with Amentum Parent Holdings.
- March 13, 2025 – Jacobs Solutions completed an equity-for-debt exchange by exchanging 19,464,174 shares of Amentum common stock through its subsidiary, resulting in a debt reduction of approximately $312 million (based on an exchange rate of $1.2990 per £1) and reducing outstanding borrowings by about £240 million in principal amount.
- The transaction was executed under the terms of an amended term loan agreement, with additional Amentum shares held in escrow subject to performance milestone adjustments related to a prior merger involving Jacobs’ Critical Mission Solutions and Cyber & Intelligence businesses.