Jacobs Bags National Geospatial-Intelligence Agency Contract Worth $302M

Jacobs Engineering Group Inc J has secured a contract from the National Geospatial-Intelligence Agency (NGA) to provide mission-driven and data-centric solutions supporting Geospatial-intelligence Enterprise OpenDataStore services.
The single-award IDIQ contract value is estimated at $302 million across a seven-year ordering period.
Jacobs will provide cyber, digital services, and modern software engineering that supports geospatial intelligence (GEOINT) for accessing and delivering digital intelligence and collection automation.
Price Action: J shares are trading lower by 0.16% at $134.33 on the last check Tuesday.