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, 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.
Rhea-AI Summary
KBR (NYSE: KBR) Increases Support for UK's Net Zero Energy Development
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.72%
Tags
-
News
Rhea-AI Summary
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
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.59%
Tags
-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.76%
Tags
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.56%
Tags
-
Rhea-AI Summary
KBR declares quarterly dividend of $0.135 per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.25%
Tags
-
Rhea-AI Summary
KBR awarded $75 million task order to support DoD's critical technology areas
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
Tags
Rhea-AI Summary
KBR develops advanced green methanol technology, PureM℠, expanding its clean ammonia and hydrogen portfolio.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.37%
Tags
-
Rhea-AI Summary
KBR's K-GreeN® technology selected for Madoqua's green ammonia project in Portugal.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.11%
Tags
-
Rhea-AI Summary
KBR signs MoU with SolydEra to produce lower cost clean ammonia using renewable energy. Integration of technologies expected to deliver competitive levelized costs of carbon-neutral ammonia.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.64%
Tags
Rhea-AI Summary
KBR awarded multi-year service contract by DFPCL for Smart Factory project in India
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.65%
Tags
FAQ
What is the current stock price of KBR (KBR)?
The current stock price of KBR (KBR) is $57.51 as of January 9, 2025.
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
7.66B
131.62M
1.12%
96.4%
1.99%
Engineering & Construction
Heavy Construction Other Than Bldg Const - Contractors
United States of America
HOUSTON