Jacobs Solutions (J) ZACKS·2025-03-14 14:05Group 1: Jacobs Solutions Inc. Overview - Jacobs Solutions Inc. has been awarded a significant contract for the Boise Airport's multi-year capital expansion, highlighting its leadership in transportation infrastructure [1] - The project aims to accommodate an 81% increase in passenger demand over the past decade, positioning Jacobs at the center of a transformative initiative [1][3] - As the owner's representative, Jacobs will manage planning, design, and initial operations for the expansion, which includes constructing Concourse A and renovating Concourse B [2] Group 2: Economic Impact and Growth - The Boise Airport is crucial for Idaho's economy, providing connections to 27 non-stop destinations, and the expansion will enhance accessibility and stimulate business growth [3] - Jacobs' senior vice president emphasized the importance of managing complex infrastructure projects to meet rising passenger demand and improve the passenger experience [3] - The contract reinforces Jacobs' dominance in airport infrastructure while supporting Boise's rapid economic expansion, indicating strong growth prospects for the company [5] Group 3: Jacobs' Financial Performance - At the end of the fiscal first quarter, Jacobs reported a backlog of 23.88 billion, up from 14.3 billion, up 15.2% year-over-year, driven by strong bookings in Clean Energy and Infrastructure projects [9] - KBR's diversified global portfolio and focus on high-end government business have led to revenue and earnings growth, with 75% of its 2025 revenues already contracted [10]