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Jacobs Earnings Dip, Company Secures Some Approvals For Amentum Deal

Defense Daily Staff Defense Daily Staff
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Jacobs Earnings Dip, Company Secures Some Approvals For Amentum Deal

Earnings fell at Jacobs [J] in the second quarter of its fiscal 2024, which the international engineering and technical services company attributed to a $95-million share repurchase program. Importantly, Jacobs also said in its Tuesday earnings release that it has major regulatory approvals in hand for the announced merger of its government contracting and cyber businesses with Amentum.  That deal, announced in November, remains on pace to close before the end of the fourth quarter of fiscal 2024, which ends…

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