Welcome to our dedicated page for KBR news (Ticker: KBR), a resource for investors and traders seeking the latest updates and insights on KBR stock.
KBR (NYSE: KBR) delivers technology-driven engineering and sustainable solutions across government, energy, and industrial sectors worldwide. This page provides investors and professionals with direct access to official company announcements, including press releases, project milestones, and strategic developments.
Track critical updates across KBR's core operations: earnings reports, government contract awards, technology partnerships, and sustainability initiatives. Our curated feed ensures you never miss developments in defense engineering, digital transformation, or clean energy solutions.
Bookmark this page for real-time insights into KBR's global EPC projects, regulatory filings, and leadership updates. All content is sourced directly from company communications to maintain accuracy and compliance with financial disclosure standards.
KBR, Inc. announced strong Q1 2024 financial results with Adjusted EBITDA growth and margin expansion. New business awards and backlog were robust, totaling $20.8 billion. Sustainable Technology Solutions and Government Solutions segments performed well, with notable achievements and contracts. Financial highlights include revenue of $1.8 billion, net income of $93 million, Adjusted EBITDA of $207 million, and operating cash flows of $91 million. The company reaffirmed fiscal 2024 guidance with revenue expected between $7.4B - $7.7B and Adjusted EBITDA in the range of $810M - $850M.
KBR has been awarded $771 million in contract options to provide logistics and life support services to the U.S. Army Northern Command and European Command. The contract period is from March 2024 to March 2025. KBR will continue to support approximately 20,000 U.S. government personnel across Europe and North America, offering services like equipment readiness, training, and supply chain solutions. The company also focuses on sustainable energy solutions to reduce carbon emissions and fuel consumption.
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