Jacobs Engineering Group Inc. J has won a $235-MILLION U.S. Army Intelligence and Security Command (“INSCOM”) contract to support the 902nd Military Intelligence Group at Fort Meade, MD.Per the task order, the company’s Critical Mission Solutions (CMS) will provide counterintelligence, counterterrorism and human intelligence services to INSCOM for a five-year period. The work will facilitate critical sensitive activities in areas of cyber intrusion damage assessment, geospatial intelligence, language-enabled socio-cultural analysis, digital media forensics and human intelligence targeting.Senior vice president of Cyber & Intelligence, Caesar Nieves, said, "To meet the continuously evolving threats facing national security, we're harnessing our advanced cyber and intelligence solutions along with our integrated approach and wide-ranging program support capabilities to deliver innovative, mission-focused outcomes that are important to our customers."CMS to Boost ProfitabilityJacobs is majorly benefiting from Federal & Environmental Solutions as well as the CMS business. Federal solutions lend support to U.S. federal, public sector, private sector and defense contractors. The company’s CMS unit serves global automotive, aerospace, telecommunications, defense, and nuclear clients as well as the U.S. intelligence community.In fiscal 2020, 79% of CMS’ revenues were earned by Jacobs from serving the U.S. Department of Defence, Intelligence Community and civil governmental entities. Additionally, 8% of CMS’ revenues were generated from various U.S. commercial sectors. CMS backlog grew 5.5% year over year for the fiscal third quarter, which provided a strong visibility into the base business.Solid Project Execution: A BoonEfficient project execution has been one of the main factors driving Jacobs’ performance over the last few quarters. The company’s ongoing contract wins are a testimony to the fact. For the fiscal third quarter, it reported total backlog of $25.4 billion, up 7.4% year over year. This reflects solid demand for Jacobs' consulting services.Image Source: Zacks Investment ResearchThe company’s overall 18-month qualified new business pipeline of more than $30 billion remains robust. Jacobs is benefiting from well-funded government programs and cyber, U.S. Department of Defense or DoD, mission-IT, space, nuclear as well as 5G-related projects.Its shares have gained 21% in the past six months compared with the industry’s 13.5% growth. Earnings estimates for fiscal 2021 indicate a year-over-year improvement of 13.1%.Zacks RankJacobs — which shares space with Quanta Services, Inc. PWR, AECOM ACM and KBR, Inc. KBR in the Zacks Engineering - R and D Services industry — currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Zacks’ Top Picks to Cash in on Artificial Intelligence This world-changing technology is projected to generate $100S of billions by 2025. From self-driving cars to consumer data analysis, people are relying on machines more than we ever have before. Now is the time to capitalize on the 4th Industrial Revolution. Zacks’ urgent special report reveals 6 AI picks investors need to know about today.See 6 Artificial Intelligence Stocks With Extreme Upside Potential>>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Quanta Services, Inc. (PWR): Free Stock Analysis Report AECOM (ACM): Free Stock Analysis Report KBR, Inc. (KBR): Free Stock Analysis Report Jacobs Engineering Group Inc. (J): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research