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Business/Financial

Jacobs To Spin Off Government Services Biz In Late 2024

Defense Daily Staff

Tuesday, May 9th, 2023

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Jacobs To Spin Off Government Services Biz In Late 2024

Jacobs [J] said Tuesday it will spin off its Critical Mission Solutions business late next year. The segment includes the brain trust that coordinates Jacobs’ efforts to win big management and operations contracts at Department of Energy (DoE) nuclear-weapon sites, but that is only a small part of Critical Mission Solutions (CMS), which in 2022 had about $4.4 billion in revenue. Jacobs did not provide details about the future independent CMS’ structure. The company announced the spin off the same…

Missile Defense

Guetlein On Golden Dome: ‘We Cannot Protect This Nation And Bankrupt It At The Same Time’

While there has been criticism among missile defense advocates of Golden Dome’s development pace after the signing of an executive order in January last year, Space Force Gen. Michael Guetlein, […]

Missile Defense

Interview with Rep. Jeff Crank (R-Colo.), co-chair of the Golden Dome Caucus

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Space

Space Force PAE For Infrastructure Completing Move To Colorado Springs

U.S. Space Force Space Systems Command’s (SSC) Portfolio Acquisition Executive (PAE) for infrastructure–a $4 billion contracting hub for SSC–is completing a move from Los Angeles Air Force Base, Calif. to […]

Congress

Wisconsin GOP Lawmakers Urge Trump Admin Support For Marines’ JLTV Second Supplier Effort

Wisconsin’s GOP congressional delegation is urging the Trump administration to support legislative language enabling the Marine Corps to potentially bring in a second Joint Light Tactical Vehicle (JLTV) supplier. The […]