Jacobs Solutions Inc. has been awarded a $200 million contract to manage the Utility Infrastructure Development Program for El Paso Water. The program will upgrade water, wastewater and stormwater systems across roughly 4,500 acres surrounding El Paso International Airport and Fort Bliss, supporting the city’s expanding population and regional development.
The win adds a substantial amount of backlog to Jacobs’ already record‑high pipeline and reinforces the company’s “Challenge Accepted” growth strategy, which prioritizes high‑margin opportunities in water and environmental services. The contract is expected to generate significant revenue and margin contributions in the coming quarters, further strengthening Jacobs’ position in a $220 billion serviceable addressable market for water infrastructure.
Jacobs’ Q4 2025 earnings report highlighted a record backlog and an adjusted earnings‑per‑share of $1.75, beating analyst expectations of $1.67. The company’s adjusted EPS beat was driven by disciplined cost management and a favorable mix of high‑margin projects, including the new El Paso program. The contract’s inclusion in the backlog signals continued demand for Jacobs’ expertise in large‑scale public‑sector projects.
Executive Vice President Eva Wood said the program “is a catalyst for regional growth. Together with El Paso Water, we’re powering the city’s future, creating jobs, expanding critical infrastructure and building resilient and sustainable systems that will serve the community for generations.” El Paso Water’s Vice President of Operations and Technical Services, Gilbert Trejo, praised Jacobs’ track record and confidence in delivering the project. Jacobs’ Chair and CEO Bob Pragada noted that the water, energy & power, and transportation sectors drove the company’s infrastructure & advanced facilities revenue growth in FY 25 and will remain strong in FY 26.
The contract’s proximity to Fort Bliss, one of the nation’s largest military installations, underscores its strategic importance and the potential for supporting significant regional development. By securing this project, Jacobs not only expands its footprint in a key growth area but also demonstrates its ability to manage complex, multi‑phase infrastructure solutions in high‑profile public‑sector settings.
The announcement reflects Jacobs’ continued momentum in the water and environmental end market, a core pillar of its “Challenge Accepted” strategy, and positions the company to capture further opportunities in a rapidly growing sector.
The contract’s value and scope, combined with Jacobs’ strong financial performance and strategic focus, make this a material event that will influence long‑term investment decisions.
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