KBR Stock Price, News & Analysis

KBR (NYSE: KBR) has announced plans for a tax-free spin-off of its Mission Technology Solutions (MTS) segment, creating two independent public companies by mid-to-late 2026. The strategic separation will result in two entities: New KBR, focusing on Sustainable Technology Solutions (STS) with over 85 process technologies, and SpinCo, specializing in government services for national security and space.

Following the spin-off, current CEO Stuart Bradie will lead New KBR as Chair, President, and CEO. Mark Sopp will oversee the spin-off process, while Shad Evans has been appointed as the new CFO effective January 5, 2026. The company is currently searching for SpinCo's executive leadership team.

The separation aims to enhance strategic focus, operational independence, and financial flexibility for both entities. The transaction, expected to be tax-free to shareholders, is subject to final Board approval, IRS ruling, SEC Form 10 registration, and regulatory approvals.

KBR (NYSE: KBR) has secured three strategic cost-plus-fixed-fee task order contracts from the Air Force Research Laboratory (AFRL), collectively valued at $175 million with a five-year performance period. The contracts were awarded under the INCITE COPERS program and include: Multi-Domain Situational Awareness, Trusted Microelectronics, and Space Situational Awareness task orders.

The contracts focus on developing advanced situational awareness technologies, enhancing mission assurance, and improving C4ISR capabilities. KBR will provide solutions in cybersecurity, artificial intelligence, cloud architecture, electronic warfare, and space operations support.

KBR (NYSE: KBR) has announced a quarterly dividend declaration. The Board of Directors has approved a regular quarterly dividend of $0.165 per share on the company's common stock. The dividend will be paid on October 15, 2025, to stockholders of record as of September 15, 2025.

KBR (NYSE: KBR) has secured a significant $2.459 billion NASA contract to support astronaut health and performance initiatives. The contract, which begins November 1, includes a five-year base period with two optional extensions that could increase the total value to $3.6 billion through 2035.

Under the Human Health and Performance Contract 2, KBR will provide essential services at NASA's Johnson Space Center in Houston, supporting various programs including the Human Research Program, International Space Station, Commercial Crew Program, and Artemis campaign. The company will focus on crew health, safety, performance, occupational health services, and research for future spaceflight missions.

KBR (NYSE: KBR) and Axiom Space have achieved a significant milestone in space exploration technology by successfully completing three crewed underwater tests of the Axiom Extravehicular Mobility Unit (AxEMU) at NASA's Neutral Buoyancy Laboratory. The tests, conducted in a 6.2-million-gallon pool at Johnson Space Center, validated the spacesuit's integrity in simulated zero-gravity conditions.

The AxEMU, being developed for NASA's Artemis III mission, demonstrated complete seal integrity and airtightness during testing. This achievement is part of the Exploration Extravehicular Activity Services (xEVAS) contract, marking a crucial step toward enabling future lunar missions. The next-generation spacesuit is designed to provide enhanced versatility, reliability, and adaptability for moon exploration and beyond.

KBR (NYSE: KBR) has secured a significant front-end engineering design (FEED) contract for the Abadi LNG project in Indonesia. The project, designated as nationally strategic by the Indonesian government, targets peak production capacity of 9.5 million tons per annum of LNG and 150 million standard cubic feet per day of pipeline gas.

KBR will partner with Samsung E&A and PT Adhi Karya to deliver comprehensive FEED services for the onshore LNG facilities. The project aims to enhance Indonesia's energy security objectives and support INPEX in reaching its final investment decision.

KBR (NYSE: KBR) has appointed former Shell executive Huibert H. Vigeveno to its Board of Directors, effective August 5, 2025. Vigeveno, 55, brings 30 years of experience from Shell, where he most recently served as director of Downstream, Renewables and Energy Solutions and as a member of Shell's executive committee from 2020 to 2025.

Throughout his career at Shell, Vigeveno held several key leadership positions, including executive vice president of Global Commercial, transition CEO of BG Group following its Shell acquisition, executive chairman of Shell China, and vice president of Shell Supply and Distribution in Europe and Africa. He will officially leave Shell in September 2025 and holds an MBA from Erasmus University Rotterdam.

One Equity Partners (OEP) has announced an investment agreement with Brown & Root Industrial Services, while KBR (NYSE:KBR) will maintain a significant ownership stake. Based in Baton Rouge, the Company provides non-discretionary industrial services with over 10,000 employees across 22 U.S. locations.

Brown & Root specializes in industrial maintenance, turnaround services, construction, and engineering, serving chemicals, energy, manufacturing, and government sectors. The company has a strong presence in Texas and the Gulf Coast region. The transaction is expected to close in late Q3 or early Q4 2025, with financial terms undisclosed.

BCP has announced the sale of its stake in Brown & Root Industrial Services to existing investor KBR (NYSE:KBR). The transaction, expected to close in late Q3 or early Q4 2025, marks the end of BCP's involvement since the company's establishment in 2015.

Under BCP's partnership, Brown & Root Industrial Services has experienced significant growth, expanding to 22 locations across the U.S., Mexico, and Canada with a workforce of over 10,000 employees. The company serves clients in chemicals, synthetics, energy, manufacturing, and government sectors.