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

November 09, 2021 00:16:53
Episode Cover

Deals, Deals, Deals

Deal activity in water is climbing. If activity in the Private Water and Digital Water sectors keep pace, as it has historically over the...

Listen

Episode 0

September 05, 2023 00:18:55
Episode Cover

Aegion Adds More Deals to the List

The Future of Water host, Reese Tisdale, talks with Bluefield’s Senior Analyst Ethan Edwards about the Aegion deal, M&A, and the trenchless pipe rehabilitation...

Listen

Episode 0

June 19, 2020 00:18:17
Episode Cover

Toilet Paper Costs More Than Oil

Is toilet paper more expensive than oil? Sure feels like it these days. This episode is all about water for energy, the oil patch,...

Listen