Jacobs Completes Acquisition of KeyW; Steve Demetriou Quoted

Steve Demetriou, Jacobs' Chair and CEO

Jacobs announced on Wednesday that its acquisition of KeyW has been completed. The move further positions Jacobs as a leader in high-value Government Services, and allows Jacobs' Aerospace, Technology and Nuclear (ATN) business to further advance its strategy of delivering innovative and unique mission-oriented solutions for highly technical and high-consequence government priorities.

The integration of KeyW with Jacob's ATN business expands its advanced engineering and technology solutions in intelligence, cyber and counterterrorism. The acquisition also further diversifies Jacobs' end-to-end solutions for its clients through KeyW's Intelligence, Surveillance and Reconnaissance (ISR), differentiated cyber technology and mission-critical IT and analytics capabilities.

This transaction enhances Jacobs' portfolio by adding intellectual property-driven technology with unique proprietary C5ISR solutions. A joint integration planning process has been conducted ensuring operational continuity while immediately starting to harness value creation.

“This combination unites complementary capabilities, cultures and client relationships, as well as proprietary technology and products, to accelerate Jacobs' profitable growth strategy,“ said Steve Demetriou, Jacobs' Chair and CEO.

“The addition of KeyW within our ATN business advances our strategy to drive growth in higher value markets, including a multi-billion-dollar space opportunity delivering next generation intelligence and analytics solutions. Together, we bring the industry's foremost expertise and services, creating value for shareholders and clients as a trusted provider of unique, technical mission-oriented solutions while offering greater opportunities for employees.“

About Jacobs

Jacobs leads the global professional services sector delivering solutions for a more connected, sustainable world. With approximately $12 billion in revenue and a talent force of more than 50,000. Jacobs provides a full spectrum of services including scientific, technical, professional and construction- and program-management for business, industrial, commercial, government and infrastructure sectors.

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