Jacobs Awarded Patriot Excalibur Contract by U.S. Air Force
Jacobs (JEC) announced on March 26 that the company was awarded the Patriot Excalibur (PEX) contract at the U.S. Air Force Life Cycle Management Center at Hanscom Air Force Base in Bedford, MA. PEX supports intelligence, surveillance and reconnaissance, and special mission units for the Air Force command. The Air Force has valued to contract at $75.8 million over five years.
Sonal sent an alert at 7:45 am, and the stock opened for regular market trading at $73.67. The stock price climbed over the next five trading sessions before closing at $77.10 on April 1. That makes a gain of 4.66% following the event.
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