Jacobs Acquires TYBRIN
Jacobs Engineering Group announced today that it has acquired TYBRIN Corporation (TYBRIN), a 1,500-person professional services firm headquartered in Fort Walton Beach, Florida, USA. Jacobs did not disclose the terms of the transaction.
Founded in 1972, TYBRIN is a leading supplier of mission planning solutions, systems engineering, software development, modeling and combat environment simulation, engineering and testing, range safety, and other services to the United States Department of Defense (DoD), NASA, and other Government clients. In 2009, the Company was ranked 86th among the Top 100 Federal Prime Contractors by Washington Technology.
In making the announcement TYBRIN Chief Executive Officer Bill Pennington stated, "We are delighted to be combining our capabilities with a company that shares our values. We expect our employees and customers to benefit greatly from this transaction. It allows our employees to continue to grow and provides a larger platform and better reach back for our customers. Like TYBRIN, the combined company is an excellent place to work, filled with very talented and dedicated folks."
Jacobs President and Chief Executive Officer Craig Martin said,
This acquisition supports our commitment to continued enhancement of our capabilities and services in the aerospace and defense sector. TYBRIN is a terrific company. The combination of TYBRIN's specialised technical services with our already robust capabilities significantly expands our ability to serve our clients and assist them in meeting mission objectives."
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