
Our snap reax to Jacobs' spinoff plan
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<p>Washington Technology's Ross Wilkers and Nick Wakeman give their initial reactions to Jacobs' plan to spinoff the company's government services business into an independent, publicly traded company.</p><p>Jacobs had spent the past decade building that unit and creating a $4.4 billion-annual revenue entity with close to 16,000 employees. But Jacobs now sees itself going down a different path and believes Critical Mission Solutions is better off pursuing its own goals and vision as a standalone.</p><p>All of that said: Jacobs has left the door open to different options for that business if they present themselves again, as the executive team stated to an audience of inquisitive investors.</p>