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KBR, Inc. (NYSE: KBR), headquartered in Houston, Texas, is a global leader in providing technology-driven engineering, procurement, and construction (EPC) solutions. With a workforce exceeding 34,000 employees across over 30 countries, KBR serves a diverse range of industries including downstream, gas monetization, infrastructure, minerals, government services, and more.
Organized into two main segments—Government Solutions and Sustainable Technology Solutions—KBR offers a comprehensive suite of services that ensure efficient project execution and high-quality results. The Government Solutions segment focuses on providing mission-critical support, logistics, and infrastructure services to U.S. defense and federal agencies, while the Sustainable Technology Solutions segment specializes in delivering environmentally responsible technologies and services.
Recent notable achievements include:
- April 2024: Signing an alliance with GeoLith SAS to offer advanced Direct Lithium Extraction (DLE) technology, Li-Capt®.
- April 29, 2024: Awarded a $771 million contract by the U.S. Army for mission-critical support under the LOGCAP V contract.
- April 30, 2024: Reported strong Q1 financial results for 2024, with revenues up by 7% and a significant increase in operating cash flow.
- May 2, 2024: Secured a $34 million contract with the U.S. Naval Research Laboratory for facility operations, maintenance, and cybersecurity.
- May 6, 2024: Awarded a multiple-award IDIQ contract by the U.S. Navy for global contingency services with a ceiling value of $2 billion.
- May 13, 2024: Partnered with OCI Global to deploy a proprietary operator training simulator for a clean ammonia facility in Texas.
- May 22, 2024: Signed an alliance with Sumitomo Chemical for exclusive licensing of propylene oxide by cumene technology.
- May 23, 2024: Selected as one of the awardees for a $43 billion multiple-award contract by the Defense Health Agency for health and wellness support for military personnel and their families.
Financially, KBR is robust, generating $7 billion in revenue in 2023, and achieving a net income of $93 million in Q1 2024. The firm's diversified portfolio and strategic partnerships position it strongly for future growth in the rapidly evolving sectors of technology, defense, and sustainable energy solutions.
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KBR (NYSE: KBR) has been selected by a consortium for Lotte Chemical's green ammonia project development in Malaysia. KBR will provide technology license and proprietary engineering design to produce 800 KTA of green ammonia from hydropower, supporting global net zero targets.
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KBR (NYSE: KBR) partners with The Henry M. Jackson Foundation for the Advancement of Military Medicine (HJF) and other institutions to support neuroscience research for service members affected by traumatic brain injuries. The new Service Personnel Advancing Research in Chronic Traumatic Encephalopathy (SPARC) contract, with a potential term of 52 months, aims to provide outreach, education, and data analytics to aid in the prevention and treatment of military members with chronic traumatic encephalopathy (CTE). KBR's commitment to supporting the well-being of service members and advancing cutting-edge neuroscience research is highlighted in this collaboration.
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DL E&C Co., Ltd (KRX: 375500) has signed a feasibility study contract with Kellogg Brown & Root (KBR) (NYSE:KBR) for its sustainable aviation fuel production business using KBR’s ATJ (Alcohol to Jet) technology, PureSAFSM. The collaboration aims to revolutionize the sustainable aviation fuel sector and strengthen PureSAFSM in global markets. The global SAF market is projected to reach USD 402 billion by 2050, and DL E&C and KBR are joining forces to develop a comprehensive business plan for sustainable aviation fuel producers.
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KBR (NYSE: KBR) has been chosen by PT Pupuk Sriwidjaja Palembang (Pusri), a subsidiary of PT Pupuk Indonesia, to provide its Purifier™ ammonia technology for the planned Pusri 3B Ammonia Plant in Indonesia. This marks KBR's twelfth ammonia plant licensed to Pupuk Indonesia, showcasing the long-standing partnership between the two companies. The project aims to replace two existing plants, Pusri 3 and Pusri 4, resulting in significant energy consumption and operational cost savings for Pusri.
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KBR (KBR) Receives Two 2023 Gold Viddy Awards from AMCP for Global Capabilities and Recruitment Videos
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KBR (NYSE: KBR) Increases Support for UK's Net Zero Energy Development
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KBR (NYSE: KBR) Signs MoU with ISU Chemical for Ammonia Cracking Project in Ulsan, Korea. KBR to Utilize H2ACT℠ Technology for 10 MTPD Hydrogen Production Unit, Operations to Begin in 2026
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KBR (NYSE: KBR) has been awarded a Front-End Engineering Design (FFED) contract by Fidelis New Energy for Project Fyrkat, a liquid carbon dioxide (LCO2) receiving terminal at the Port of Aalborg, Denmark. The project is part of a larger initiative, Project Norne, aiming to store more than 20 million tonnes of CO2 per year by 2030, around half of Denmark's yearly emissions. KBR's expertise in energy transition and liquid carbon dioxide projects will support Fidelis New Energy's goal of helping global decarbonization.
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KBR, Inc. reports strong Q3 2023 financial results with 9% organic revenue growth and strong margins. The company retired outstanding convertible notes principal on November 1st.
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KBR declares quarterly dividend of $0.135 per share
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FAQ
What is the current stock price of KBR (KBR)?
The current stock price of KBR (KBR) is $58.65 as of November 15, 2024.
What is the market cap of KBR (KBR)?
The market cap of KBR (KBR) is approximately 7.7B.
What does KBR, Inc. do?
KBR, Inc. offers technology-driven engineering, procurement, and construction (EPC) solutions and services across various industries such as defense, sustainable technology, and infrastructure.
Where is KBR headquartered?
KBR is headquartered in Houston, Texas.
How many people does KBR employ?
KBR employs approximately 34,000 people worldwide.
What are the main business segments of KBR?
KBR's business is organized into two main segments: Government Solutions and Sustainable Technology Solutions.
What recent contracts has KBR secured?
Recent contracts include a $771 million contract with the U.S. Army, a $34 million contract with the U.S. Naval Research Laboratory, and a $43 billion multiple-award contract by the Defense Health Agency.
What are KBR's recent achievements?
KBR has formed alliances for advanced lithium extraction technology, reported strong Q1 2024 financial results, and secured notable contracts across defense and sustainable technology sectors.
Who are KBR's key partners?
Key partners include GeoLith SAS, OCI Global, and Sumitomo Chemical.
What are KBR's revenue and financial highlights for 2023 and Q1 2024?
KBR generated $7 billion in revenue in 2023, with notable financial growth in Q1 2024, including a 7% increase in revenues and significant improvements in operating cash flow.
What technologies does KBR offer?
KBR offers a range of advanced technologies including Direct Lithium Extraction (DLE) technology, operator training simulators, and sustainable chemical process technologies.
What is KBR's role in global contingency services?
KBR provides mission-critical support services to U.S. Navy facilities worldwide, including support for natural disasters, humanitarian efforts, and military operations.
KBR, Inc.
NYSE:KBR
KBR Rankings
KBR Stock Data
7.70B
133.24M
1.13%
98.62%
1.36%
Engineering & Construction
Heavy Construction Other Than Bldg Const - Contractors
United States of America
HOUSTON