- Jacobs Engineering Group Inc (NYSE:J) has secured a contract for planning and engineering services from the U.S. Army’s Engineer Research and Development Center (ERDC). The financial terms of the three-year contract were not disclosed.
- This contract integrates Engineering With Nature (EWN) approaches within Department of Defense (DoD) facilities.
- Jacobs will collaborate with ERDC’s EWN program leadership and their strategic partners to achieve three primary objectives: engage the DoD facilities community on nature-based solutions for resilience; develop an EWN roadmap for DoD, and create technical guides to apply nature-based solutions for DoD facilities.
- Price Action: J shares are trading lower by 0.14% at $132.82 on the last check Wednesday.
Baird Upgrades Mercury Systems to Outperform, Raises Price Target to $72
Baird analyst Peter Arment upgrades Mercury Systems (NASDAQ:MRCY) from Neutral to Outperform and raises the price target from $56 to $72.