Topic summary
Jacobs Engineering Group
Extracted from the Wikipedia article Jacobs Solutions.
Overview
On August 9, 2017, the Pentagon awarded a $4.6 billion Integrated Research & Development for Enterprise Solutions (IRES) follow-on contract to Jacobs Technology Inc, a unit of Jacobs Engineering Group Inc. to provide products and services for the Missile Defense Agency and its Missile Defense Integration and Operations Center. In October 2018, Jacobs agreed to sell its Energy, Chemicals and Resources (ECR) segment to WorleyParsons. In April 2021, the Institute on Taxation and Economic Policy listed the top 55 corporations which paid $0 in taxes for the year 2020. Jacobs' federal income taxes for that year were negative $37 million for an effective tax rate of −17.4%.