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Jacobs Caps Profitable 2022; Sees Surge In Nuclear Business

Jacobs Caps Profitable 2022; Sees Surge In Nuclear Business
Steve Demetriou, Jacobs chair and CEO. Photo: Jacobs

Jacobs [J], the Dallas-based leader and member of various Department of Energy nuclear contractors, had a good fiscal 2022, with revenue and profit each rising for the year, the company reported Monday. In a call with investors shortly after the earnings report, Jacobs executives said they planned to ride a surge of interest in nuclear power, including in small modular reactors (SMR). The engineering giant had net earnings of more than $715 million, or $4.98 a share, up from about…

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