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KBR's Operator Training Simulator to Aid OCI's Texas Facility
Zacks Investment Research· 2024-05-14 17:21
KBR, Inc. (KBR) has clinched a contract from OCI Global to design and deploy its proprietary operator training simulator for the latter’s clean ammonia synloop unit.Per the deal, KBR’s advanced digital solutions help clients maximize the ammonia yield and improve energy and production efficiency. Also, it is a customizable scenario-based digital training environment that simulates plant start-ups and shut-downs before they occur to increase operator competency and reduce operational risk.OCI’s 3,000 metric ...
KBR Awarded Digital Solutions Contract by OCI in Texas
Prnewswire· 2024-05-13 10:00
HOUSTON, May 13, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded a contract by OCI Global (OCI) to design and deploy its proprietary operator training simulator for OCI's 3,000 metric tonnes per day Texas Blue Clean Ammonia facility, in Texas. Under the terms of the contract, KBR will provide its operator training simulator for OCI's clean ammonia synloop unit. KBR's advanced digital solutions help clients maximize the ammonia yield and improve energy and production efficiency. The ...
KBR Awarded Global Contingency Services Multiple Award Contract with U.S. Navy
Prnewswire· 2024-05-06 10:00
HOUSTON, May 6, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded a multiple award, Indefinite Delivery Indefinite Quantity (IDIQ) contract by the U.S. Naval Facilities Engineering Systems Command for global contingency services.   Under the Global Contingency Services Multiple Award Contract (GCSMAC) III, KBR will compete on IDIQ task orders to provide mission-critical support to U.S. Navy facilities around the world. The contract period begins April 2024 and lasts 8.5 years, with a ...
Why KBR Inc. (KBR) is a Top Momentum Stock for the Long-Term
Zacks Investment Research· 2024-05-02 14:55
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores.What are the Zacks Style Scores?The Zacks Style Scor ...
KBR Secures Support Contract for U.S. Naval Research Laboratory
Prnewswire· 2024-05-02 10:00
HOUSTON, May 2, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced it has been awarded an estimated $34 million recompete cost-plus-fixed-fee single award IDIQ contract by the U.S. Naval Research Laboratory (NRL) for facility operations, maintenance and security in Washington, D.C. over a five-year period. Under the terms of the new contract, KBR's scope and services will expand to incorporate staffing the NRL visitor's center and cybersecurity support at multiple NRL campuses to maintain data integrity. KBR wi ...
KBR's Q1 Earnings & Revenues Beat Estimates, Backlog High
Zacks Investment Research· 2024-05-01 15:51
KBR, Inc. (KBR) reported better-than-expected results for first-quarter 2024 (ended Mar 29), wherein earnings and revenues surpassed the Zacks Consensus Estimate.Both earnings and revenues grew on a year-over-year basis, particularly showcasing solid performance in adjusted EBITDA and operating cash flow. Bookings during the quarter were well-aligned with end markets across energy security, national defense, human performance, and sustainability.However, KBR's stock experienced a 1.6% decline in the trading ...
KBR(KBR) - 2024 Q1 - Earnings Call Transcript
2024-05-01 00:46
KBR, Inc. (NYSE:KBR) Q1 2024 Earnings Conference Call April 30, 2024 8:30 AM ET Company Participants Jamie DuBray - Vice President, Investor Relations Stuart Bradie - President and Chief Executive Officer Mark Sopp - Chief Financial Officer Conference Call Participants Andy Kaplowitz - Citigroup Tobey Sommer - Truist Bert Subin - Stifel Mariana Pérez Mora - Bank of America Sangita Jain - KeyBanc Michael Dudas - Vertical Research Operator Good morning everyone and welcome to the KBR Inc. First Quarter 2024 E ...
KBR Awarded $100m Operational Support Contract for UK Ministry of Defence
Prnewswire· 2024-04-30 20:30
HOUSTON, April 30, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it is extending its support to the UK Ministry of Defence (MOD) with the award of a contract worth more than $100m, with options, to provide unique heavy lift movement services of front-line equipment for the British Army. Under the terms of the contract, KBR will provide a fleet of Heavy Equipment Transporters (HET), maintainers and operators to enable movement of strategic loads, including the British Army's Challenger 2 tanks. T ...
KBR Inc. (KBR) Surpasses Q1 Earnings and Revenue Estimates
Zacks Investment Research· 2024-04-30 13:05
KBR Inc. (KBR) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.70 per share. This compares to earnings of $0.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10%. A quarter ago, it was expected that this the engineering, construction company would post earnings of $0.68 per share when it actually produced earnings of $0.69, delivering a surprise of 1.47%.Over the last four quar ...
KBR(KBR) - 2024 Q1 - Quarterly Results
2024-04-30 00:26
EXHIBIT 99.1 KBR Announces First Quarter Fiscal 2024 Financial Results Strong Q1 2024 Performance Adjusted EBITDA Growth with Margin Expansion 2 HOUSTON, TX - April 30, 2024 - KBR, Inc. (NYSE: KBR) today announced its first quarter fiscal 2024 financial results. "KBR's extraordinary team has yet again surpassed expectations, delivering outstanding first-quarter results," said Stuart Bradie, KBR's President and CEO. "Our team's unwavering commitment to our customers has led to year-over-year increases across ...