- Jacobs Engineering Group Inc J has secured a third consecutive architecture and engineering support services contract to support the U.S. Department of State Bureau of Overseas Buildings Operations (OBO).
- Jacobs will be providing program-level process- and procedure-improvement support, existing facilities surveys and analyses, and other project-specific support.
- OBO estimates the IDIQ contract value at up to $250 million over five years.
- Price Action: J shares are trading higher by 1.40% at $147.47 on the last check Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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