Earnings at engineering services firm Jacobs, a support contractor at a number of Energy Department sites, fell more than 20 percent year over year to about $50 million for the fiscal second quarter ended March 31, the company said Tuesday.
Quarterly revenue rose 20 percent to about $2.8 billion, according to the company’s latest earnings press release.
Jacobs is part of the Leidos-led Mission Support Alliance team at DOE’s Hanford Site in Washington state. The joint venture provides emergency response and training, fleet and road upkeep, cybersecurity, and utility operations under a contract awarded in 2009 and potentially worth $3.6 billion over 10 years. The contract’s second option expires May 25, and a final two-year option would carry the pact through May 25, 2019.
Elsewhere in the weapons complex, Jacobs performs telecommunications and maintenance services under a subcontract awarded in 2016 by Savannah River Nuclear Solutions, which manages DOE’s Savannah River Site in South Carolina.