Jacobs Solutions secured a portfolio of design contracts from the Wisconsin Department of Transportation to modernize and expand the I‑39/90/94 corridor, a 67‑mile stretch that runs from Madison to Wisconsin Dells. Jacobs will serve as the lead designer for Segment 3, which includes the complex I‑39/I‑90/94 interchange.
The corridor carries roughly 109,000 vehicles per day and supports more than $100 billion in freight annually. The modernization plan calls for interstate widening, interchange and bridge reconstruction, new interchanges, and roadway elevation increases to mitigate flooding risks— all aimed at improving safety and reducing congestion.
The contracts add a high‑profile, long‑term revenue stream to Jacobs’ portfolio and contribute to its $26.3 billion backlog, up 20.6 % year‑over‑year. The win aligns with Jacobs’ strategic focus on high‑margin, technology‑enabled infrastructure solutions and reinforces its presence in large‑scale transportation projects.
Jacobs’ recent financial performance underscores the significance of the win. In Q1 2026 the company reported revenue of $3.3 billion and an adjusted EPS of $1.53, beating consensus estimates by $0.01. The firm raised its fiscal‑2026 revenue guidance to 6.5‑10 % growth and adjusted EPS to $6.95‑$7.30, reflecting confidence in continued demand for its infrastructure and consulting services.
Management highlighted the project’s importance. CEO Bob Pragada said, "We delivered excellent first quarter results driven by revenue strength in both Infrastructure & Advanced Facilities (IAF) and PA Consulting." Executive Vice President Tom Meinhart added, "Jacobs has been part of Wisconsin's growth story for decades, delivering transformative water and transportation solutions and working with communities across the state. That history reflects a commitment to innovation and resilience, and the I‑39/90/94 modernization builds on that legacy. By leveraging our deep experience and local relationships, we're creating safer, more efficient connections that strengthen commerce, improve mobility and enhance quality of life for generations to come."
The contract positions Jacobs to capture the growing demand for infrastructure modernization, strengthens its foothold in transportation projects, and supports its broader strategy of leveraging digital and AI capabilities to deliver high‑margin solutions.
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