Jacobs announces intention to separate critical mission solutions business

Next step in strategic portfolio transformation to unlock enhanced long-term shareholder value creates a streamlined higher-growth, higher-margin business portfolio focused on critical infrastructure and sustainability establishes cms as a leading, pure-play government services provider separation expected to be effected through spin off of cms to jacobs shareholders company to host conference call to discuss separation and second quarter fiscal year 2023 results today at 10:00 a.m. edt dallas , may 9, 2023 /prnewswire/ -- jacobs solutions inc. (nyse: j) today announced that its board of directors has unanimously approved a plan to separate its critical mission solutions (cms) business from jacobs, creating two independent companies, each positioned for greater success.
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