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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 (NYSE: KBR) has secured a contract from BP Exploration for front-end engineering design, turnaround engineering, and procurement support services at the Shah Deniz Alpha platform in Azerbaijan. The initiative aims to lower the platform's carbon footprint and enhance operational efficiency by decommissioning five power generators and establishing new energy supplies through subsea cables. KBR's experience in the Azerbaijan-Georgia-Turkey region, coupled with local execution from Azerbaijani engineers, underlines their capability in sustainable technology solutions.
KBR has announced that its commercial cloud and mission service platform, KBR Vaault, is now FedRAMP Ready. This designation allows the platform to support U.S. federal government departments with secure, cloud-based solutions, including digital evidence management for public safety. The platform facilitates the secure collection and management of video and audio data, crucial for incident response. KBR Vaault is one of only 370 products on the FedRAMP Marketplace, reinforcing its credibility and reliability for government and commercial customers.
KBR has signed a definitive agreement to acquire the UK-based VIMA Group for up to GBP £75 million, including earn-out opportunities. VIMA Group specializes in digital transformation solutions for defense and public sector clients, securing its position as a top supplier to the UK's Ministry of Defence. KBR aims to enhance its advisory and consulting capabilities while investing in future growth. This acquisition aligns with KBR's strategy to strengthen its position in international markets and deliver long-term value.
KBR, Inc. has announced a $100 million investment in Mura Technology, increasing its stake to 18.5%. This funding aims to accelerate Mura's plastics recycling projects, contributing to a sustainable circular economy. Payments will be made in two tranches, with the first in the quarter ending June 30, 2022 and the second in 2023. KBR's partnership with Mura leverages their technology to target a recycling capacity of 1,000,000 tonnes by 2025, enhancing KBR's engagement in this high-growth sector.
KBR announced its participation in several upcoming investor events in June 2022. KeyBank Capital Markets will host meetings on June 1, while Stifel's conference is scheduled for June 8, including a fireside chat with Mark Sopp and Alison Vasquez. Additionally, KBR will participate in the Jefferies Virtual A&D ESG Summit on June 14 at 2:00 p.m. ET. Interested investors can access live webcasts via KBR's investor portal. KBR delivers engineering solutions globally, employing around 28,000 people across 34 countries.
KBR has secured a $44 million task order to enhance cybersecurity for U.S. Air Force systems as part of a five-year initiative. This contract, awarded under the Department of Defense Information Analysis Center's multiple-award contract vehicle, will involve research and analysis to mitigate vulnerabilities. It supports the Air Force Life Cycle Management Cyber Systems Engineering Directorate and aims at protecting critical systems, including command and control. KBR's commitment to cybersecurity is highlighted by this significant contract, reinforcing its role in advancing military technology.
KBR's Board of Directors has declared a quarterly dividend of $0.12 per share, set to be paid on July 15, 2022. Stockholders on record by June 15, 2022 will receive this dividend. This reflects KBR's commitment to returning value to its shareholders. With approximately 28,000 employees globally, KBR provides essential science, technology, and engineering solutions. The company continues to adapt to market challenges, including those posed by the COVID-19 pandemic and global market conditions.
KBR has secured two task orders totaling $106 million under the Department of Defense Information Analysis Center's multiple-award contract to support the U.S. Air Force's modernization efforts. The task orders comprise a $65 million contract for the C-130 Hercules aircraft involving systems engineering and cybersecurity solutions, and a $41 million contract for the AIMS Program Office focusing on certification testing and system-level changes. This work reaffirms KBR's role in delivering essential capabilities for military operations.
KBR has signed a Memorandum of Understanding (MoU) with JLB Yaran to enhance engagement with Australian First Nations communities. The agreement, signed during the 2022 Indo Pacific Conference in Sydney, aims to recruit and connect with First Nations peoples for various opportunities across Australia. KBR emphasizes its commitment to empowering First Nations companies in the Australian defense industry. This collaboration is part of KBR's Reconciliation Action Plan, which seeks to improve cultural understanding within the company. The MoU is non-binding and aims for strategic integration with JLB Yaran.
