Jacobs Solutions' Stock Rises On Securing Key Role In Dublin's BusConnects

Jacobs Solutions Inc. J shares are trading higher premarket on Tuesday after the company stated that it had been chosen by Ireland’s National Transport Authority (NTA) to deliver Client Partner services for the BusConnects Dublin Core Bus Corridors Infrastructure Works Program.

This decade-long initiative is expected to enhance walking, cycling and bus infrastructure across 12 core corridors in Dublin and the Greater Dublin Area.

Jacobs’ team will support the delivery of 230 kilometers (~142 miles) of bus priority corridors, 200 kilometers (~124 miles) of cycle paths and improved pedestrian facilities.

“BusConnects Dublin aims to transform public transport and promote active travel as the viable and attractive choice for commuters and visitors, enhancing connectivity and community life, and supporting the economy and environment,” said Jacobs executive vice president Kate Kenny.

NTA Head of BusConnects Dublin Infrastructure Aidan Gallagher said, “BusConnects will deliver a better-connected Dublin with improved public transport, cycling and pedestrian infrastructure along the 12 spines.”

Notably, Jacobs supports clients across Ireland in sectors like Advanced Manufacturing, Energy, Life Sciences and Transportation.

The company’s key projects comprises BusConnects Cork, Dunkettle Interchange Upgrade, M28 Motorway and East Coast Railway Infrastructure Protection.

Investors can gain exposure to the stock via Professionally Managed Portfolios Otter Creek Focus Strategy ETF OCFS and Valued Advisers Trust Kovitz Core Equity ETF EQTY.

Price Action: J shares are up 2.03% at $137.00 premarket at last check Tuesday.

Read Next:

• 2 Essential Data Center Solutions Providers Riding the AI Boom

Company photo of Dublin office