Jacobs Solutions Inc. · NYSE:J
Jacobs Solutions — Cowen and Company 40th Annual Aerospace/Defense & Industrials Conference (February 2019)
14 slides from Jacobs Solutions's conference presentation, Feb 7, 2019
Slide 1: Solutions for a More Connected, Sustainable World
Solutions for a More Connected, Sustainable World Aerospace, Technology and Nuclear Terry Hagen www.jacobs.com | worldwide February 7, 2019
Slide 2: Forward-Looking Statement Disclaimer
Forward-Looking Statement Disclaimer Certain statements contained in this presentation constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are i
Slide 3: Jacobs – A company like no other
Jacobs – A company like no other • Focused on a more connected sustainable world, • Profitable growth strategy supported by 3 key pillars government services provider, infrastructure solutions, and – Become the “Employer of Choice”: Build a High Performance Culture digitally enabled technology solut
Slide 4: Two deliberate actions significantly transformed our portfolio
Two deliberate actions significantly transformed our portfolio
Slide 5: New Jacobs: Global, Data-Driven Solutions Provider
New Jacobs: Global, Data-Driven Solutions Provider FY19 Q1 excluding ECR U.S./Int’l Mix Talent Base Reimbursable Public/Private 71%/29% ~50,000 and Low Risk Sector Fixed Price 63%/37% Services Backlog ~94% Increasing portfolio mix in high value markets Aligning around national government priorities
Slide 6: The ATN business snapshot
The ATN business snapshot 2018 Pro Forma Results • Revenue: $3.9B Market Sector Customer Base Duration • Operating Profit: $265M • Backlog: $7.1B Countries: 6 Locations: 80+ NASA U.S. Department of Defense Intelligence Community U.K. Ministry of Defence 6
Slide 7: Our differentiators position us for share gain in a highly fragmented market
Our differentiators position us for share gain in a highly fragmented market while delivering solid margins & growth with low capital intensity Very Large Addressable Market 2-3% Industry CAGR Robust financial profile Differentiators Market Opportunities – large, fragmented Government Performance –
Slide 8: Capabilities: ATN Government Services
ATN Government Services Representative Contracts • Test Operations Support Contract (TOSC) for NASA’s • Enterprise IT and Kennedy Space Center Civil telecommunications • Paducah Deactivation and Remediation for DOE EM • Nevada National Security Site M&O for DOE NNSA • Engineering, R&D and systems in
Slide 9: Capabilities: ATN International and Commercial
ATN International and Commercial Representative Contracts International • Engineering, R&D and systems integration • Management, Operation and Sustainment of critical government infrastructure • Cybersecurity, data analytics, software engineering Capabilities Atomic Weapons Establishment M&O and Hin
Slide 10: ATN – Large, multi-year highly technical contracts
ATN – Large, multi-year highly technical contracts Agency Award Size Duration Incumbent Project Scope $4.6B 8.5 years Operating the Missile Defense Integrated Operations Center, supporting its to 2025 network infrastructure, modeling and simulation, development of systems • ~75% of scope is related
Slide 11: We will leverage our collective systems integration expertise
We will leverage our collective systems integration expertise and apply it to the Jacobs customer base Reduce operating Extend life cycle of Less Enhance Data Privacy Data Collection cost facility & energy safety + Protection Connect devices/controls infrastructure to collect data across an industri
Slide 12: Summary
Summary Foundation of Excellent cash Significant Leveraging long-term flow dynamics growth technology, enterprise and low capital opportunities in innovation and contracts in intensity fragmented cyber to expand mission-critical Government margins government Services programs market 1 2 3 4 12 12
Slide 13: www.jacobs.com | worldwide
© Copyright Jacobs February 6, 2019 www.jacobs.com | worldwide
Slide 14: Non-GAAP Financial Measures (cont’d)
Non-GAAP Financial Measures (cont’d) Adjusted net earnings, adjusted EPS and adjusted operating profit are non-GAAP financial measures that are calculated by excluding (i) the costs related to the 2015 restructuring activities, which included involuntary terminations, the abandonment of certain leas