Jacobs Solutions

Aura Reports Updated Mineral Reserves and Mineral Resources

Retrieved on: 
Tuesday, April 2, 2024

The charts below show changes in P&P Mineral Reserves, M&I Mineral Resources and Inferred Mineral Resources for the Aranzazu Mine as of December 31, 2023 compared to December 31, 2022.

Key Points: 
  • The charts below show changes in P&P Mineral Reserves, M&I Mineral Resources and Inferred Mineral Resources for the Aranzazu Mine as of December 31, 2023 compared to December 31, 2022.
  • The charts below show changes in P&P Mineral Reserves Estimates, M&I Mineral Resources Estimates and Inferred Mineral Resources Estimates for Apoena as of December 31, 2023, compared to December 31, 2022.
  • Mineral Reserves estimated by Aura total approximately 34.5 Mt in P&P Mineral Reserves at an average grade of 0.50 g/t Au.
  • Borborema also showcases a strong Mineral Reserve base, with Probable Mineral Reserves of 812,000 oz gold, and an extensive Mineral Resource profile with strong growth potential that consists of 2,077 koz of indicated Mineral Resources and 393 koz of Inferred Mineral Resources.

Jacobs Announces CFO Transition

Retrieved on: 
Monday, April 1, 2024

DALLAS, April 1, 2024 /PRNewswire/ -- Jacobs Solutions Inc. (NYSE: J) today announced that Kevin Berryman, previously President and Chief Financial Officer and currently Special Advisor to Jacobs' Chief Executive Officer Bob Pragada, has been appointed interim Chief Financial Officer effective March 29, 2024. Berryman succeeds Claudia Jaramillo who is departing the Company to pursue other opportunities. Jacobs has initiated a search for a permanent CFO with the assistance of an executive search firm.

Key Points: 
  • Jacobs has initiated a search for a permanent CFO with the assistance of an executive search firm.
  • "Serving as CFO of Jacobs was one of the most rewarding roles of my career.
  • I look forward to working closely alongside Bob and the Jacobs team once again as interim CFO," said Berryman.
  • I am committed to ensuring we continue to deliver on our financial and operating objectives during the transition period to a new CFO."

New Research from Cyolo and Ponemon Institute Identifies Significant Gaps in Securing Access to Connected OT Environments

Retrieved on: 
Wednesday, February 21, 2024

Ensuring secure access to OT environments is about more than just cybersecurity.

Key Points: 
  • Ensuring secure access to OT environments is about more than just cybersecurity.
  • At the same time, more third-party vendors and contractors are being given remote access to OT environments.
  • 73% permit third-party access to OT environments, with an average of 77 third parties per organization granted such access.
  • Challenges to securing third-party access include preventing unauthorized access (44%), aligning IT and OT security priorities (43%), and giving users too much privileged access (35 percent).

Jacobs Reports Fiscal First Quarter 2024 Earnings

Retrieved on: 
Tuesday, February 6, 2024

Reported EPS up 28% Year-Over-Year; Adjusted EPS up 28% Year-Over-Year1

Key Points: 
  • Reported EPS up 28% Year-Over-Year; Adjusted EPS up 28% Year-Over-Year1
    Reported $418M in Cash Flow from Operations; Repurchased $100M in Shares
    DALLAS, Feb. 6, 2024 /PRNewswire/ -- Jacobs Solutions Inc. (NYSE: J) today announced its financial results for the fiscal first quarter ended December 29, 2023.
  • Jacobs CFO Claudia Jaramillo added, "Jacobs delivered $418M in cash flow from operations and $401M in free cash flow1 while repurchasing $100M in shares and increasing our dividend.
  • The Company reiterates its outlook for fiscal 2024 adjusted EBITDA of $1,530M to $1,600M and adjusted EPS of $7.70 to $8.20, up 9% and 10% at the midpoints, respectively.
  • The Company continues to make progress towards the separation and expects the transaction to close in the second half of fiscal year 2024.

Industry-Recognized Technology Leader Joins DLH as Strategic Advisor

Retrieved on: 
Tuesday, January 23, 2024

Ms. Carmody previously served as Chief Information Officer at SAIC and Jacobs Engineering, both industry leading information technology solutions providers.

Key Points: 
  • Ms. Carmody previously served as Chief Information Officer at SAIC and Jacobs Engineering, both industry leading information technology solutions providers.
  • She has extensive experience in emerging technology applications, risk assessments and management, and governance, and has worked throughout her career to integrate technology solutions to solve complex challenges.
  • “We are delighted to engage an industry-recognized technology leader such as Cora as a strategic advisor to DLH,” stated Zach Parker, DLH President and CEO.
  • “We believe Cora’s deep understanding of technology applicable to DLH’s missions in health and cyber, combined with her passion for growth and innovation, will be of great value to DLH.”

Nuclear Decommissioning Services Market size in Europe to grow by USD 1.84 billion from 2023 to 2028; Growing government inclination toward renewable energy to drive the growth- Technavio

Retrieved on: 
Tuesday, November 7, 2023

NEW YORK, Nov. 7, 2023 /PRNewswire/ -- The nuclear decommissioning services market in Europe is expected to grow by USD 1.84 billion from 2023 to 2028.

Key Points: 
  • NEW YORK, Nov. 7, 2023 /PRNewswire/ -- The nuclear decommissioning services market in Europe is expected to grow by USD 1.84 billion from 2023 to 2028.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • View PDF Sample
    The growing government inclination toward renewable energy is a key factor driving market growth.
  • The Rapid Thermal Processing Equipment Market size is estimated to grow at a CAGR of 6.39% between 2022 and 2027.

Ed Arnold to Lead Asset Development Consulting Practice for EcoEngineers

Retrieved on: 
Thursday, October 19, 2023

EcoEngineers , a clean energy consulting, auditing, and advisory firm, has announced the appointment of Ed Arnold as director of asset development within its consulting practice.

Key Points: 
  • EcoEngineers , a clean energy consulting, auditing, and advisory firm, has announced the appointment of Ed Arnold as director of asset development within its consulting practice.
  • View the full release here: https://www.businesswire.com/news/home/20231019640623/en/
    Ed Arnold joins EcoEngineers, a clean energy consulting, auditing, and advisory firm, as director of asset development.
  • (Photo: Business Wire)
    Mr. Arnold brings more than 25 years of experience in the renewable fuels, biochemicals, and oil and gas industries.
  • This is a key factor in any decarbonization plan and something overlooked in most plans.”
    Mr. Arnold has helped entrepreneurs and corporations with business strategy and manufacturing process development.

JACOBS SOLUTIONS, JACOBS ENGINEERING GROUP, AND CH2M HILL COMPANIES SUED FOR ALLEGED FORCED LABOR AND HUMAN TRAFFICKING FOR WORLD CUP CONSTRUCTION IN QATAR

Retrieved on: 
Thursday, October 12, 2023

WASHINGTON, Oct. 12, 2023 /PRNewswire/ -- Today, 38 construction workers from the Philippines filed a complaint against the U.S. companies Jacobs Solutions and CH2M Hill and their subsidiaries (collectively, "Defendants") for allegedly managing construction projects that used trafficked and forced labor.  The Plaintiffs worked on stadiums built for the FIFA 2022 World Cup in Qatar, where they were Plaintiffs allege they were trafficked and then forced to work.  Defendants allegedly participated in the venture that exploited Plaintiffs, because they managed and oversaw the entirety of the construction efforts in preparation for the World Cup.  The complaint, captioned F.C., et al. v. Jacobs Solutions Inc., et al., Case No. 23-cv-2660 (District Court for the District of Colorado, filed October 12, 2023), follows an extensive investigation by the Washington, D.C.-based law firms Sparacino PLLC and Global Rights, PLLC, as well as the Colorado-based law firm Olson Grimsley Kawanabe Hinchcliff & Murray LLC.

Key Points: 
  • WASHINGTON, Oct. 12, 2023 /PRNewswire/ -- Today, 38 construction workers from the Philippines filed a complaint against the U.S. companies Jacobs Solutions and CH2M Hill and their subsidiaries (collectively, "Defendants") for allegedly managing construction projects that used trafficked and forced labor.
  • The Plaintiffs worked on stadiums built for the FIFA 2022 World Cup in Qatar, where they were Plaintiffs allege they were trafficked and then forced to work.
  • Defendants allegedly participated in the venture that exploited Plaintiffs, because they managed and oversaw the entirety of the construction efforts in preparation for the World Cup.
  • We look forward to securing justice for our clients," said Sean Grimsley, Partner at Olson Grimsley.

ITT Announces New Board of Directors Appointments and $1 Billion Share Repurchase Authorization

Retrieved on: 
Wednesday, October 4, 2023

October 4, 2023-- ITT Inc. (NYSE: ITT ) today announced the election of Nazzic Keene and Kevin Berryman to its Board of Directors.

Key Points: 
  • October 4, 2023-- ITT Inc. (NYSE: ITT ) today announced the election of Nazzic Keene and Kevin Berryman to its Board of Directors.
  • The company also announced that its Board of Directors approved a $1 billion share repurchase authorization with an indefinite term.
  • “We are delighted to appoint to the ITT Board two highly respected, results-driven leaders with long track records of success,” said ITT Chairman of the Board, Timothy H. Powers.
  • Speaking on the new $1 billion share repurchase authorization, Savi commented, “Today’s announcement provides us the flexibility to continue to prudently build on ITT’s share repurchase activity.

Engineering Services Market size to grow by USD 365.9 billion from 2022 to 2027, AECOM, AKKA Technologies SE, Babcock International Group Plc, and more among key companies- Technavio

Retrieved on: 
Monday, September 25, 2023

NEW YORK, Sept. 24, 2023 /PRNewswire/ -- The engineering services market is expected to grow by USD 365.9 billion from 2022 to 2027.

Key Points: 
  • NEW YORK, Sept. 24, 2023 /PRNewswire/ -- The engineering services market is expected to grow by USD 365.9 billion from 2022 to 2027.
  • In addition, the growth momentum of the market will progress at a CAGR of 4.2% during the forecast period, according to Technavio.
  • AECOM - The company offers engineering services such as Advanced modeling, Building engineering, Hydraulic services, and Specialty structures.
  • The IT professional services market is estimated to grow at a CAGR of 9.09% between 2022 and 2027.