HOUSTON, July 22, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today its blue ammonia technology has been selected by Shell for its Blue Horizons low-carbon hydrogen and ammonia project in Duqm, Oman. The facility will utilize KBR's leading ammonia synthesis loop technology to deliver cost-competitive and low-carbon intensity ammonia.Under the terms of the contract, KBR will provide licensed proprietary engineering design for the 3,000 metric tons per day ammonia plant utilizing hydrogen produced by Shell ...

KBR, Inc. (KBR) secured a consulting contract from Kuwait Oil Company to develop a master plan for 17GW of renewable energy and 25GW of green hydrogen production by 2050.Per the contract, the company will provide advisory consulting services to develop a phased strategy for deploying wind and solar power with storage capability. This renewable power will support green hydrogen production for internal use and export. The work will span 18 months and include market analysis, feasibility studies and training f ...

In a bid to expand opportunities for revenue growth and meet customer and market demands, KBR, Inc. (KBR) recently inked a deal to acquire an engineering, data analytics and digital integration company — LinQuest Corporation.The acquisition is expected to be accretive to adjusted earnings per share (EPS) (excluding amortization from purchased intangible assets and non-recurring transaction costs) and is unanimously approved by the KBR board of directors. The deal is worth $737 million, inclusive of modest e ...

HOUSTON, July 18, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded an advisory consulting contract by Kuwait Oil Company for the development of a country wide masterplan for the production of 17GW of renewables and 25GW of green hydrogen by 2050. Under the terms of the contract, KBR will provide advisory consulting services to develop a phased strategy for the deployment of significant wind and solar power, combined with power storage capability. The renewable power capability will b ...

Wall Street expects a year-over-year increase in earnings on higher revenues when KBR Inc. (KBR) reports results for the quarter ended June 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on July 24, 2024, might help the stock move higher if these key numbers are better than expectation ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering KBR Inc. (KBR) , which belongs to the Zacks Engineering - R and D Services industry.When looking at the last two reports, this the engineering, construction company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 5.74%, on average, in the last two quarters.For the last reported quarter, KBR came out with earn ...

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KBR entered into a definitive agreement to acquire LinQuest Corporation, adding digital integration capabilities for national security customersAcquisition expands opportunities for revenue growth, meeting customer and market demandsEnhances KBR's position in high-end, technically differentiated services across space, air dominance and battlespace missionsHOUSTON, July 16, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has entered into a definitive agreement to acquire LinQuest Corporation.LinQuest ...

KBR, Inc. (KBR) secured a $52 million, 60-month contract from the U.S. Department of Defense. The company will support the Counter Improvised Threat Systems Test and Evaluation for the Naval Air Warfare Center Weapons Division (NAWCWD) Quick Reaction Capability Office (QRCO). This contract is a cost-plus-fixed-fee recompete under the Information Analysis Center Multiple Award Contract (IAC MAC).Per the follow-on contract, the company will mitigate improvised threats through research, conducting analysis, an ...

HOUSTON, July 11, 2024 /PRNewswire/ -- KBR (NYSE:KBR) was awarded an estimated $52 million, 60-month cost-plus-fixed-fee recompete Information Analysis Center Multiple Award Contract (IAC MAC) task order supporting the Counter Improvised Threat Systems Test and Evaluation for the Naval Air Warfare Center Weapons Division (NAWCWD) Quick Reaction Capability Office (QRCO).Under the terms of the contract, KBR will mitigate improvised threats by leading research, conducting analysis, and using test and evaluatio ...