SOURCE: StockCall

StockCall

August 20, 2010 09:20 ET

Research on KBR Inc. and Jacobs Engineering Group -- A Flurry of New Contracts Boost Confidence Amongst Technical Services Stocks

JOHANNESBURG, SOUTH AFRICA--(Marketwire - August 20, 2010) - www.stockcall.com/ offers investors comprehensive research on the technical services industry and has completed analytical research on KBR Inc. (NYSE: KBR) and Jacobs Engineering Group Inc. (NYSE: JEC). Register with us today at www.stockcall.com/ to have free access to these researches. 

A recent surge in transportation contracts boosted revenue projections for several technology services companies. Renewed confidence in the rebounding economy, specifically improved performances from the air travel industry, spurred many of the new deals. These contracts are both domestic and international and could help the industry sustain revenues for the remainder of 2010 and beyond. Los Angeles and New York based airports all recently increased spending in the form of contracts to tech services companies like Jacobs Engineering Group Inc. The company announced this week that it inked a $25 million contract to provide on-call construction support services for Los Angeles World Airports. Investors can register for free to access the research report on Jacobs Engineering Group Inc. at www.stockcall.com/JEC200810.pdf

www.stockcall.com/ is an online platform where investors doing their due-diligence on the technical services industry can have easy and free access to our analyst research and opinions on KBR Inc. and Jacobs Engineering Group Inc.; investors and shareholders of these companies can simply register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html

Along with air travel contracts, the U.S government has also recently upped armed forces and infrastructure spending. The U.S navy awarded over $50 million worth of contracts to improve several aspects of its technical and communications services. Infrastructure improvements throughout the U.S are also helping to sustain revenues. Large contracts were recently awarded throughout the country to improve or build highways, bridges and rail travel. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

The outlook for growth in the industry appears pessimistic at the moment but the recent flurry of contracts should provide a certain level of consistency and stability. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the technical services industry.

Late July, KBR Inc. posted its financial readings with its second quarter profit of $106 million beating Wall Street consensus. However, the company is struggling to bring in new orders. Investors can register for free to access the research reports on KBR Inc. at www.stockcall.com/KBR200810.pdf.

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