Jacobs (J) Wins $132M UK Naval Contract, Boosts Backlog

Jacobs Solutions Inc. (J) clinched a significant $132 million (£108 million) contract to provide crucial research and technology services to the UK's naval nuclear propulsion program. The 14-year agreement, extending until 2032, focuses on delivering through-life technical support for the Rolls-Royce PWR2 reactors, vital for the Royal Navy's submarines.The contract gains additional prominence as the UK progresses with the construction of four new Dreadnought Class ballistic missile submarines and develops a ...