What's Behind Engineering Firms' Strategy Shifts in Water?

May 23, 2023 00:26:07
What's Behind Engineering Firms' Strategy Shifts in Water?
The Future of Water
What's Behind Engineering Firms' Strategy Shifts in Water?

May 23 2023 | 00:26:07

/

Hosted By

Reese Tisdale

Show Notes

Jacobs, one of the leading engineering firms in water, announced plans to spinout its Critical Mission Solutions business unit. With this move, the company streamlines their business focus, including on water, and boosts share price in the wake of higher margins and growth. 

On 9 May, Jacobs announced plans to separate its CMS, or Critical Mission Solutions, business. In doing so, it aims to carve out two businesses that are demonstrating different margins and growth rates. 

CMS, which generated approximately $4.4 billion in revenue in 2022 by providing technical consulting, applied science research, training, intelligent asset management and program management services to federal government agencies. This includes space, national security, nuclear remediation and 5G technology. 

The remaining Jacobs business, which generated approximately $10.5 billion in 2022, will provide consulting, planning, engineering, design and program management solutions to state, local and national governments and private sector clients, globally. This includes water and environment, energy transition, transportation and advanced manufacturing sectors.

Reese Tisdale talks to Greg Goodwin about his recent research and perspectives on engineering firms and their competitive strategies in water.

Related Research & Analysis

Other Episodes

Episode 0

March 23, 2021 00:43:40
Episode Cover

World Water Day

In honor of World Water Day (March 22), this episode is dedicated to raising awareness of the value of water.  We took this opportunity...

Listen

Episode 0

October 11, 2022 00:21:34
Episode Cover

Water M&A, Recent Deals, Trends, and Outlook 

The Bluefield team talks mergers and acquisition trends across the global water sector, providing insight into the slow down of deal flow activity. Reese...

Listen

Episode 0

August 30, 2022 00:41:25
Episode Cover

Water Sector Gatekeepers: Engineering Firms Build Out Digital Water Strategies

Digital technology is everywhere, including for water applications. A lot is happening when it comes to hardware, software, and services. Bluefield water experts dive...

Listen