Jacobs Solutions

Until September 2024, Jacobs Solutions managed and operated the Nevada National Security Site, which maintains facilities related to nuclear weapon modernisation and stockpiling.

Nuclear Weapons |  Investments 

Company Profile

Jacobs Solutions, previously known as Jacobs Engineering[i], is a U.S. based company that provides consulting, technical, scientific and project delivery services for the government and private sector.[ii]  In September 2024, Jacobs completed the spin-off of its Critical Mission Solutions and Cyber & Intelligence government services businesses, now merged with Amentum.[iii] The spin-off also includes the business segment connected to the management and operation of the Nevada National Security Site.[iv] However, as the findings of this report are based on financial data retrieved before September 2024, Jacobs’ previous involvement in the Nevada National Security Site is still relevant for the purposes of this report, and therefore outlined below.[v] In the financial year ending 29 September 2023, Jacobs generated revenues of $16.4 billion.[vi]

[i] Jacobs to Implement New Holding Company Structure. Jacobs, 19 August 2022. Available at: Jacobs to Implement New Holding Company Structure | Jacobs.

[ii] Challenging today. Reinventing tomorrow. (no date) | Jacobs. Available at: Welcome to Jacobs | Jacobs (Accessed: 6 December 2024).

[iii] Jacobs Advances Strategic Transformation with Completion of Previously Announced Spin-off and Merger. Jacobs, 27 September 2024. Available at: Jacobs Advances Strategic Transformation with Completion of Previously Announced Spin-off and Merger | Jacobs.

[iv] United States Securities and Exchange Commission, Amendment No. 4 to FORM 10. Amazon Holdco Inc., 13 September 2024, Exhibit 21.1: ‘Expected Subsidiaries of SpinCo Immediately Following the Separation’. Available at: EX-21.1 as included under 10-12B/A.

[v] Jacobs to Spin-off and Merge its Critical Mission Solutions and Cyber & Intelligence Government Services Businesses with Amentum, Creating an Independent, Publicly Traded Company. Jacobs, 20 November 2023. Available at: Jacobs to Spin-off and Merge its Critical Mission Solutions and Cyber & Intelligence Government Services Businesses with Amentum, Creating an Independent, Publicly Traded Company | Jacobs.

[vi] ‘2023 Integrated Annual Report. Challenging today. Reinventing tomorrow.’, Jacobs (2024), p.1. Available at: 2023 Integrated Annual Report.

Contact information

1999 Bryan Street, Ste. 3500

Dallas, TX 75201

United States

Website: http://www.jacobs.com/

X: @JacobsConnects

LinkedIn: https://www.linkedin.com/company/jacobs

 

Nuclear weapons

Formerly known as the Nevada Test Site, the Nevada National Security Site maintains facilities related to nuclear weapon modernisation and stockpiling. It retains the capability to resume full- scale nuclear testing within a couple years, at the discretion of the U.S. President.[i] Mission Support and Test Services LLC (MSTS) manages and operates the site.[ii] MSTS is a limited liability company consisting of Honeywell International Inc., Jacobs Solutions Inc., and Stoller Newport News Nuclear, Inc. (SN3), a subsidiary of HII. [iii] The ten-year contract is potentially valued at $10.4 billion and is set to expire in November 2027.[iv]

In January 2024, Jacobs was awarded a £108 million, 10-year contract to supply research and technology services to the United Kingdom's naval nuclear propulsion program, including for the Vanguard nuclear armed submarine.[v]

[i] ‘Fiscal Year 2024 Stockpile Stewardship and Management Plan’, National Nuclear Security Administration (2023), pp. 4-20 - 4-21. Available at: FY24SSMP_FINAL_NOVEMBER_2023_0.pdf (energy.gov).

[ii] Nevada National Security Site Contract (2017) Energy.gov. Available at: Nevada National Security Site Contract | Department of Energy (Accessed: 5 December 2024).

[iii] Welcome to the Mission Support and Test Services (MSTS) Transition Web Site (no date) | Jacobs Technology. Available at: Mission Support and Test Services (MSTS): Welcome (jacobstechnology.com) (Accessed: 5 December 2024).

[iv]  CONTRACT to MISSION SUPPORT AND TEST SERVICES LLC. | USAspending, 1 August 2017. Available at: CONTRACT to MISSION SUPPORT AND TEST SERVICES LLC | USAspending (Accessed: 5 December 2024).

[v] Jacobs Awarded $132 Million UK Ministry of Defence Research and Technology Contract. Jacobs, 25 January 2024. Available at: Jacobs Awarded $132 Million UK Ministry of Defence Research and Technology Contract | Jacobs.

Investments

Last updated: 2025-02-27 19:15:04

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