Construction M&A » By The Online Investor Staff, updated Sun., Apr. 11, 9:08 PM
Recent mergers and acquisitions in the Construction M&A category.
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Slide #7. Jacobs Engineering Group Inc. — Federal Network Systems
Acquirer:
Jacobs Engineering Group Inc. (JEC)
Acquiree:
Federal Network Systems
Details:
Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it entered into an agreement to acquire Federal Network Systems (FNS), a subsidiary of Verizon Communications headquartered in Ashburn, Va.
Jacobs Engineering Group provides services including consulting, technical, scientific and project delivery for the government and private sector. Co.'s lines of business are: Critical Mission Solutions, which provides cybersecurity, data analytics, software application development, enterprise and mission information technology, systems integration and other technical consulting solutions to government agencies as well as aerospace, automotive and telecom customers; and People and Places Solutions, which provides end-to-end solutions for its clients' projects, whether connected mobility, water, smart cities, manufacturing or the environment.
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Avg. Broker Rec.
 
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Strong Buy (3.80 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
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