Jacobs Solutions Bags $3.2B Kennedy Space Center Contract

Jacobs Solutions Inc J has secured the Consolidated Operations, Management, Engineering & Test (COMET) contract at NASA Kennedy Space Center (KSC).
The contract is estimated at approximately $3.2 billion over 10 years and extends Jacobs' role managing KSC's launch infrastructure for NASA programs. The contract is scheduled to begin on May 1.
Jacobs will provide engineering, ground system development, flight vehicle/spacecraft processing, and launch, landing and recovery operations for NASA's Exploration Systems Development programs.
"With COMET, we will continue helping NASA advance the United States' efforts to establish a long-term human presence in deep space,” said CEO Bob Pragada.
Price Action: J shares closed higher by 0.09% at $119.98 on Thursday.