Jacobs Unveils Leadership Succession Plan
Jacobs has announced that President and Chief Operating Officer Bob Pragada will succeed Steve Demetriou as CEO and join the company’s board of directors. Demetriou will continue as executive chair of the board. The changes are effective Jan. 24, the date of the company’s annual shareholder meeting. “It has been the highlight of my career
Jacobs Wins $3.9B NASA Engineering, Science Contract
Jacobs has been awarded the JSC Engineering, Technology and Science II contract at NASA Johnson Space Center in Houston, Texas. The contract has a maximum value of $3.9 billion over 10 years including a 5-year base period, two 2-year option periods and one 1-year option period. The JETS II contract extends Jacobs’ partnership with JSC
Jacobs Acquires Mobility Analytics Provider StreetLight Data
Jacobs has acquired StreetLight Data, Inc., a provider of mobility analytics and solutions that leverage data and machine learning resources to enable users to solve complex transportation problems. The addition of StreetLight accelerates Jacobs’ strategy in growing its end-to-end digital solutions portfolio and focus on environmental, social and governance; while adding high-growth and highly recurring
Chief Officer Award Finalist Steve Demetriou: ‘Developing And Shaping The Next Generation Of Leaders Is A Top Priority’
The finalists for WashingtonExec’s Chief Officer Awards were announced April 15, and we’ll be highlighting some of them until the event takes place virtually May 27. Next is Chief Executive Officer Award finalist Steve Demetriou, who’s chair and CEO at Jacobs Engineering Group. Here, he talks proud career moments, primary focus areas, career advice and
Jacobs Buys Cyber and Intelligence Firm The Buffalo Group
Professional services firm Jacobs has acquired The Buffalo Group, a provider of advanced cyber and intelligence solutions. Jacobs said the move strengthens its portfolio of national priority mission-focused government solutions in the cyber domain and the intelligence community. The Buffalo Group delivers analytical and technology capabilities to the intelligence community for key missions across multidomains
Jacobs Buys Wood Nuclear Business in $325M Deal
In an effort to expand its position as a global provider of lifecycle nuclear services and technology-enabled solutions, Jacobs has finalized its acquisition of Wood Nuclear, part of U.K.-based John Wood Group. The transaction has an enterprise value of $325 million, and the combination brings more than 2,000 employees into Jacobs’ business, with plans to recruit
Jacobs’ Aerospace Business President to Retire, Board Member Dawne Hickton Takes Over
Jacobs announced the president and chief operating officer of its Aerospace, Technology and Nuclear business Terry Hagen is retiring after 32 years with the company, and its current board member Dawne Hickton will take over both positions starting June 3. However, Hagen will continue to work with Jacobs as an executive strategic adviser to the
KeyW to Merge with Jacobs in $815M Deal
KeyW Holding Corp. signed a merger agreement with Jacobs and Atom Acquisition Sub, Inc. following a transaction with an enterprise value of $815 million and unanimous approval by the voting members of each company’s board of directors. The deal includes an estimated $272 million of KeyW net debt. Atom, the resulting merger sub, is a
Jacobs Promotes Darren Kraabel to CTO and Chief Innovation Officer
Jacobs Engineering Group Inc. has elevated Darren Kraabel to the role of chief technology officer and chief innovation officer. That was one of a number of personnel moves announced by Jacobs. In addition, Marietta Hannigan has been promoted to chief strategy and communications officer and Madhuri Andrews has joined the company as chief information officer.
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