HOUSTON, Jan. 26, 2026 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) was pleased be recognized in the 2025 Australia Defense Magazine’s Top 40 Defense Contractor list. The recognition as one of Australia’s leading defense companies reflects the company’s commitment to being a trusted industry partner, delivering innovative solutions that support the Australian Defence Force (ADF). “KBR is proud to once again be named a leading partner to the ADF by Australia Defense Magazine. As Australia invests in world-leading, so ...

Core Insights - KBR, Inc. has been selected by Coastal Bend LNG, in partnership with Tecnicas Reunidas, to perform the front-end engineering and design (FEED) for a new natural gas liquefaction and export facility on the Texas Gulf Coast, leading to a 0.4% increase in KBR's shares in pre-market trading [1] Overview of the New Contract - The initial phase of the project will focus on FEED, with plans to advance to the engineering, procurement, and construction (EPC) phase upon a positive final investment decision [2] - The collaboration will utilize ConocoPhillips' Optimized Cascade Process to design multiple large-scale LNG production trains, aiming for cost-competitive LNG production while minimizing greenhouse gas emissions [2] Industry Position and Expertise - KBR leverages over five decades of LNG expertise to design energy infrastructure that is efficient and scalable, aligning with global energy demand [3] - The partnership aims to set a new standard for low-carbon LNG production by optimizing economic performance and efficiency while reducing carbon intensity [3] Backlog Growth and Market Conditions - KBR's backlog reached $23.35 billion by the end of Q3 FY25, reflecting a 5.6% year-over-year increase and a 13.5% rise from FY24, supported by a book-to-bill ratio of 1.4x [5] - Growth is driven by notable awards in LNG-related FEED work, including projects in Indonesia and additional contracts in Iraq, Kuwait, and the UAE, highlighting KBR's strong position in LNG-led energy infrastructure [5] Stock Performance - KBR's stock has increased by 3.3% over the past month, outperforming the Zacks Engineering - R and D Services industry, which grew by 0.8% [6] - The stock performance reflects resilience in U.S. programs and strong international momentum, although near-term prospects are affected by delays in new contract awards and slower U.K. defense funding [6]

Core Insights - KBR has been awarded the front-end engineering design (FEED) contract for the Coastal Bend LNG project, which is a natural gas liquefaction and export facility on the Texas Gulf Coast [1][2]. Group 1: Project Overview - The Coastal Bend LNG project will include multiple liquefaction trains, cogeneration, LNG storage tanks, and export facilities [2]. - The project will utilize ConocoPhillips' Optimized Cascade® Process (COP OCP) technology to reduce greenhouse gas emissions [2]. - KBR will lead the FEED effort, covering LNG liquefaction, nitrogen rejection, gas treatment, and heavy hydrocarbon removal [2]. Group 2: Company Expertise and Collaboration - KBR emphasizes its leadership in designing energy infrastructure that is efficient and scalable, with over five decades of LNG expertise [3]. - The collaboration with Coastal Bend LNG and ConocoPhillips aims to maximize facility efficiency and economic targets while minimizing carbon intensity [3]. - KBR has over 50 years of experience in developing technologies that reduce carbon intensity and improve energy efficiency across the LNG value chain [3]. Group 3: Company Profile - KBR employs approximately 37,000 people worldwide and operates in over 29 countries, providing technology and engineering solutions to governments and companies [4].

Core Insights - Coastal Bend LNG has selected KBR, Inc. and Técnicas Reunidas for the front-end engineering and design (FEED) of a planned natural gas liquefaction and export facility on the Texas Gulf Coast [1] Company and Industry Summary - The project will move to the engineering, procurement, and construction (EPC) phase upon a positive final investment decision [1] - KBR and Técnicas Reunidas will collaborate on the execution of the FEED [1]

Core Insights - KBR has been awarded a seat on the Missile Defense Agency's SHIELD contract, which has a ceiling of $151 billion, allowing for rapid delivery of innovative capabilities to the warfighter [1][2][3] Group 1: Contract Details - The SHIELD contract is a Multiple-Award, Indefinite Delivery, Indefinite Quantity (IDIQ) contract that encompasses a broad range of work areas [1] - This contract enables KBR to support the next generation missile defense mission and other Department of War organizations [3] Group 2: Company Capabilities - KBR is recognized for its ability to deliver innovative, mission-ready solutions across various domains including land, sea, air, space, and cyberspace [2] - The company leverages advanced technologies such as artificial intelligence, machine learning, and digital engineering to enhance missile defense systems [4] Group 3: Company Overview - KBR employs approximately 37,000 people globally and operates in over 29 countries, providing science, technology, and engineering solutions [5] - The company focuses on delivering value-added services and long-term operations to ensure consistent and rapid delivery with predictable results [5]

Core Insights - KBR, Inc. has enhanced its presence in the U.S. by securing a Technical Support Services Contract from the U.S. Geological Survey, leading to a 6.7% increase in its stock price [1] Group 1: Contract Details - KBR has obtained a single Indefinite Delivery/Indefinite Quantity (IDIQ) contract valued at up to $350 million to support USGS in Earth observation initiatives, including the upcoming Landsat Next satellite constellation set for launch in 2030 [2] - The contract involves modernizing USGS operations through cloud-native systems, AI, machine learning, and enterprise-scale IT solutions, focusing on data analytics and secure IT infrastructure [3] Group 2: Company Capabilities and Partnerships - KBR leverages over 24 years of experience in advanced engineering and data analytics, reinforcing its role as a trusted partner for USGS in environmental intelligence and planetary stewardship [4] - The company’s backlog has shown strong growth, reaching $23.35 billion at the end of Q3 FY25, a 5.6% increase year-over-year, supported by favorable market conditions and U.S. government emphasis on national security and sustainability [5][6] Group 3: Stock Performance and Market Context - KBR's stock has experienced a slight decline of 0.7% over the past month, contrasting with a 3.4% decline in the Zacks Engineering - R and D Services industry, influenced by factors such as the U.S. government shutdown affecting new awards [7]

Core Insights - KBR has been awarded a Technical Support Services Contract (TSSC) by the U.S. Geological Survey (USGS) with a ceiling of $350 million to provide advanced technical solutions for the Earth Resources Observation and Science (EROS) Center [1] - The contract will leverage cloud-native architectures, AI/ML, and advanced IT solutions to modernize USGS operations over a five-year period [2] - The upcoming Landsat Next satellite constellation, set to launch in 2030, will enhance Earth observation capabilities significantly, providing higher spatial resolution and global coverage every six days [3] Company Overview - KBR has a long-standing partnership with USGS, having collaborated for over 24 years, which highlights its expertise in Earth science and remote sensing [4] - The company employs approximately 37,000 people globally and operates in over 29 countries, serving customers in more than 80 countries [5]

Group 1 - KBR, Inc. (NYSE:KBR) is considered a value-based investment opportunity with a current 'Buy' rating from 64% of analysts, indicating a median price target of $53.50, which suggests an upside potential of 33.02% [1][2] - The stock has experienced a 30% year-to-date decline, attributed to challenges in the Mission Technology Solutions business, but the company is expected to navigate these issues while returning capital to investors [2] - Truist has recently reduced its price target for KBR from $62 to $50 while maintaining a 'Buy' rating, reflecting adjustments due to the pause in the Lake Charles LNG project and the scaling back of Plaquemines [3] Group 2 - KBR, Inc. is a Texas-based provider of scientific, technology, and engineering solutions, operating through two segments: Government Solutions and Sustainable Technology Solutions [4]

Group 1 - KBR, Inc. has secured multiple indefinite delivery indefinite quantity contracts with the US Naval Supply Systems Command, allowing the company to bid on tasks supporting military operations and humanitarian efforts [1][2] - The awarded contracts have a 5-year base period with an optional 5-year extension and a ceiling of $20 billion, enabling KBR to compete for various fixed-price tasks [2] - Truist Financial analyst Tobey Sommer reiterated a Buy rating on KBR but lowered the price target from $62 to $50 due to the suspension of the Lake Charles LNG project, which has negatively impacted the company's outlook [3] Group 2 - KBR, Inc. provides scientific, technology, and engineering solutions to both government and commercial customers globally, operating through Government Solutions and Sustainable Technology Solutions segments [4]

Core Insights - KBR has been awarded a seat on the NAVSUP Worldwide Expeditionary Multiple Award Contract (WEXMAC) 2.1, focusing on defense and readiness for the continental United States [1][2] - The contract allows KBR to compete for task orders to provide essential supplies and services for U.S. military operations, humanitarian assistance, and disaster relief, with a potential ceiling of $20 billion over ten years [2][3] Company Overview - KBR is recognized as a leader in mission-critical support services for the U.S. military and coalition partners, leveraging decades of experience to assist the Naval Supply Systems Command [3] - The company employs approximately 37,000 people globally, operating in over 29 countries and serving customers in more than 80 countries [4]