Nasdaq:
Jacobs Engineering Group Inc. JEC recently secured a prestigious indefinite quantity, indefinite delivery contract from the U.S. Missile Defense Agency. The contract is an Integrated Research & Development for Enterprise Solutions (“IRES”) follow-on deal, with a maximum value of $4.6 billion.
On a month-to-date basis, Jacobs’ shares yielded a return of nearly 1%, as against 1.3% loss incurred by the industry .
