Leverages global aviation capabilities and
sustainable initiatives to deliver masterplan and runway design
DALLAS, Aug. 20,
2024 /PRNewswire/ -- Jacobs (NYSE:J) was
selected by King Salman International Airport Development Company
to provide concept masterplan validation, detailed masterplan
design, runway design and other services for the King Salman
International Airport in Riyadh, Saudi
Arabia.
The masterplan will cover an area of approximately 57 square
kilometers and include six parallel runways, new terminals and real
estate development in the surrounding area.
The vision for the dynamic and innovation-focused aerotropolis
centers around a unique customer experience with entertainment and
world-class, efficient operations. Part of Saudi Arabia's Vision 2030 for economic
development and growth, it will provide the additional passenger
and freight capacity needed to support multiple giga-project
developments.
King Salman International Airport Development
Company anticipates the airport will accommodate up to 100
million passengers annually by 2030. The project will prioritize
low-carbon design, use of renewable energy and technological
innovation to deliver more sustainable and efficient operations,
achieving LEED Platinum certification and offering a unique travel
experience for visitors.
"This project supports The Kingdom of
Saudi Arabia's ambition to deliver the strategic objectives
under Vision 2030, showcasing the Kingdom to the world and
diversifying the economy into new areas such as tourism," said
Jacobs Senior Vice President Keith
Lawson. "We look forward to delivering this project with our
local talent, partners and our global aviation team and are excited
for the growth and positive change it will bring for decades to
come."
"We are committed to delivering this airport as a global
benchmark, propelling Saudi
Arabia's 2030 vision for Riyadh's transformation into a global hub that
position Saudi Arabia as an
economic powerhouse," said KISA Acting CEO Mr. Mejia. "We are
thrilled to welcome Jacobs to work closely with the KISA team.
Their combined expertise will be instrumental in delivering a
world-class airport that surpasses expectations and fuels regional
economic prosperity."
Jacobs and architects Foster + Partners previously won a
competition to design the concept masterplan for King Salman
International Airport.
At Jacobs, we're challenging today to reinvent tomorrow by
solving the world's most critical problems for thriving cities,
resilient environments, mission-critical outcomes, operational
advancement, scientific discovery and cutting-edge manufacturing,
turning abstract ideas into realities that transform the world for
good. With approximately $16 billion
in annual revenue and a talent force of more than 60,000, Jacobs
provides a full spectrum of professional services including
consulting, technical, scientific and project delivery for the
government and private sector. Visit jacobs.com and
connect with Jacobs on Facebook, Instagram, LinkedIn and
X.
Certain statements contained in this press release constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements are statements that do not directly relate to any
historical or current fact. When used herein, words such as
"expects," "anticipates," "believes," "seeks," "estimates,"
"plans," "intends," "future," "will," "would," "could," "can,"
"may," and similar words are intended to identify forward-looking
statements. We base these forward-looking statements on
management's current estimates and expectations, as well as
currently available competitive, financial and economic data.
Forward-looking statements, however, are inherently uncertain.
There are a variety of factors that could cause business results to
differ materially from our forward-looking statements including,
but not limited to, our plans to spin off and merge with Amentum
our Critical Missions Solutions business and a portion of our
Divergent Solutions business in a proposed transaction that is
intended to be tax-free to stockholders for U.S. federal income tax
purposes, the timing of the award of projects and funding and
potential changes to the amounts provided for under the
Infrastructure Investment and Jobs Act and other legislation
related to governmental spending, as well as general economic
conditions, including inflation and the actions taken by monetary
authorities in response to inflation, changes in interest rates and
foreign currency exchange rates, changes in capital markets, the
possibility of a recession or economic downturn, geopolitical
events and conflicts, and the impact of any future pandemic or
infectious disease outbreak, including the related reaction of
governments on global and regional market conditions, among others.
For a description of some additional factors that may occur that
could cause actual results to differ from our forward-looking
statements, see the discussions contained under Item 1 - Business;
Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 -
Management's Discussion and Analysis of Financial Condition and
Results of Operations in our most recently filed Annual Report on
Form 10-K, and Item 2 - Management's Discussion and Analysis
of Financial Condition and Results of Operations; Item 1 - Legal
Proceedings; and Item 1A - Risk Factors in our most recently filed
Quarterly Report on Form 10-Q, as well as the company's other
filings with the Securities and Exchange Commission. The company is
not under any duty to update any of the forward-looking statements
after the date of this press release to conform to actual results,
except as required by applicable law.
For press/media inquiries:
media@jacobs.com
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SOURCE Jacobs
