Jacobs Wins a $137M Contract for the Rebuild USVI Initiative

Group 1 - Jacobs Solutions Inc. has been awarded a $137 million contract by the Virgin Islands Public Finance Authority for the "Rebuild USVI" initiative, focusing on critical infrastructure projects [1][3] - The company will collaborate with the U.S. Virgin Islands' Super Project Management Office on various projects, including hospitals, schools, and utilities, while also providing advisory and consulting services [2] - Jacobs' backlog reached $21.8 billion at the end of fiscal first-quarter 2025, reflecting an 18.9% increase year-over-year, driven by strong project wins in key markets [5] Group 2 - The company has seen increased demand for its consulting services across multiple sectors, including infrastructure and life sciences, indicating a positive growth trend [4] - Despite a 12% decline in stock year-to-date, Jacobs is expected to benefit from trends in infrastructure modernization and energy transition [7]