Jacobs Engineering Group

Jacobs Engineering Group Inc.
Public
Traded as NYSE: JEC
S&P 500 Component
Industry Engineering
Construction
Founded 1947
Founder Joseph J. Jacobs
Headquarters Harwood Center
Dallas, Texas[1]
, United States
Area served
Worldwide
Key people
Steven J. Demetriou
(Chairman and CEO)[2]
Revenue Decrease US$ 12,114.832 million (2015)[3]
Decrease US$ 445.527 million (2015)[3]
Decrease US$ 328.882 million (2015)[3]
Total equity Decrease US$ 4,291.745 million (2015)[3]
Number of employees
54,000 (2016) [1]
Website www.jacobs.com

Jacobs Engineering Group Inc. (NYSE: JEC) is an international technical professional services firm.[4]

Overview

Jacobs Engineering was founded in 1947 by Joseph J. Jacobs. As of 2016 the Chairman and CEO is Steven J. Demetriou.[2] The previous President and CEO was Craig L. Martin from 2006 until 2014.[5]

The company is publicly traded as a Fortune 500 company,[6] and as of October 2016 had 50,000 employees globally.[7] Jacobs has more than 250 offices in North America, South America, Europe, the Middle East, Australia, Africa, and Asia.[8]

The company is structured around four lines of business: Aerospace & Technology; Buildings & Infrastructure; Industrial; and Petroleum & Chemicals.[9]

In October 2016, the company moved its headquarters from California to Dallas, Texas.[7]

On August 2, 2017, the company announced its acquisition of global engineering firm CH2M Hill in a $3.3 billion deal.[10]

On August 9, 2017, the Pentagon announced a $4.6 billion contract award to the Missile Defense Agency for its Integrated Research and Development for Enterprise Solutions (IRES) contract.[11][12]

See also

References

  1. 1 2 "Archived copy". Archived from the original on 2017-08-05. Retrieved 2017-08-27.
  2. 1 2 "Steve Demetriou Appointed Chairman of the Jacobs Board; Linda Fayne Levinson Named Lead Director". Business Wire. 2016-07-28. Retrieved 2017-05-27.
  3. 1 2 3 4 "10-K". Sec.gov. Retrieved 2017-05-27.
  4. "Can Jacobs Engineering Group Inc. (NYSE:JEC) Surprise Analysts?". Investor Newswire. Archived from the original on 30 June 2015. Retrieved 3 July 2015.
  5. "Jacobs Engineering CEO Craig Martin announces retirement, cites health reasons". Star Tribune. 23 November 2014. Archived from the original on 29 November 2014. Retrieved 25 November 2014.
  6. "Jacobs Engineering Group - Fortune 500". money.cnn.com. 2012. Retrieved 2012-05-08.
  7. 1 2 "Archived copy". Archived from the original on 2017-08-05. Retrieved 2017-08-27.
  8. "Company Fact Sheet" Archived 2016-03-19 at the Wayback Machine. Jacobs Engineering Group Inc. Retrieved 23 April 2016.
  9. "Jacobs - Jacobs Announces Move to New Global Leadership Structure". Invest.jacobs.com. Retrieved 2017-05-27.
  10. "Jacobs Engineering to boost government business with CH2M buy," Reuters, 2 August 2017. Retrieved 2 August 2017.
  11. "Jacobs Technology wins $4.6 billion U.S. defense contract: Pentagon". Reuters. August 9, 2017. Retrieved 2017-08-09.
  12. "Contracts for August 9, 2017". U.S. DEPARTMENT OF DEFENSE. Retrieved 2017-08-09.
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