U.S. Navy Awards Jacobs $419M Contract to Provide Intelligent Asset Management for Naval Facilities Engineering Command; Steve Arnette Quoted

Jacobs has received a potential eight-year, $418.9M contract by the U.S. Naval Facilities Engineering Command Atlantic for base operating support services at naval installations, the company announced on Thursday. The contract terms include a 12-month base period and seven, 12-month option periods.