Second Quarter Fiscal 2025 Highlights (All comparisons against the second quarter fiscal 2024 unless noted.) Second Quarter YTD 2025 Highlights (All comparisons against the second quarter YTD fiscal 2024 unless noted.) Revising Fiscal Year 2025 Guidance Revising previously provided outlook for the HomeSafe Alliance JV contract termination, reductions in EUCOM and logistics, and protest resolution delays Updating Fiscal Year 2027 Financial Targets Updating long-term financial targets for the HomeSafe Allianc ...

[Executive Summary & Highlights](index=1&type=section&id=Second%20Quarter%20Fiscal%202025%20Highlights) KBR achieved double-digit growth in Q2 FY2025 earnings and EPS, expanded margins, and maintained strong cash flow, but revised FY2025 guidance and FY2027 targets due to contract termination and delays Second Quarter Fiscal 2025 Key Financial Highlights (YoY) | Metric | Value | Change | | :------------------------------------ | :---------- | :----- | | Revenues | $2.0 billion | +6% | | Adjusted EBITDA | $242 million | +12% | | Adjusted EBITDA Margin | 12.4% | - | | Adjusted EPS | $0.91 | +10% | | Bookings and options | $3.5 billion | - | | Book-to-bill | 0.9x | - | Year-to-Date Fiscal 2025 Key Financial Highlights (YoY) | Metric | Value | Change | | :------------------------------------ | :---------- | :----- | | Revenues | $4.0 billion | +8% | | Adjusted EBITDA | $490 million | +16% | | Adjusted EBITDA Margin | 12.3% | - | | Adjusted EPS | $1.91 | +20% | | Bookings and options | $4.9 billion | - | | Book-to-bill | 0.9x | - | - KBR is revising its previously provided outlook for FY2025 and updating long-term financial targets for FY2027 due to the HomeSafe Alliance JV contract termination, reductions in EUCOM and logistics, and protest resolution delays[2](index=2&type=chunk)[3](index=3&type=chunk) [Consolidated Financial Results](index=2&type=section&id=Consolidated%20Financial%20Results) This section provides a comprehensive overview of KBR's consolidated financial performance, including key metrics, trends, and drivers for the quarter and year-to-date [Summarized Consolidated Results](index=2&type=section&id=Summarized%20Second%20Quarter%20Fiscal%202025%20Consolidated%20Results) This section provides a consolidated overview of KBR's Q2 and YTD FY2025 financial performance, detailing key revenue, income, EPS, and cash flow metrics from continuing operations Summarized Second Quarter Fiscal 2025 Consolidated Results (Dollars in millions, except share data) | Metric | Three Months Ended July 4, 2025 | Three Months Ended June 28, 2024 | Six Months Ended July 4, 2025 | Six Months Ended June 28, 2024 | | :-------------------------------------------------- | :------------------------------ | :------------------------------- | :---------------------------- | :----------------------------- | | Revenues | $1,952 | $1,847 | $3,970 | $3,665 | | Operating income | 194 | 180 | 396 | 346 | | Net income attributable to KBR (incl. discontinued ops) | 73 | 106 | 189 | 199 | | Net income (loss) attributable to KBR from continuing ops | 105 | 106 | 225 | 199 | | Adjusted EBITDA | 242 | 216 | 490 | 423 | | Operating income margin | 9.9% | 9.7% | 10.0% | 9.4% | | Adjusted EBITDA margin | 12.4% | 11.7% | 12.3% | 11.5% | | Diluted EPS attributable to KBR (incl. discontinued ops) | 0.56 | 0.79 | 1.44 | 1.47 | | Diluted EPS from continuing operations | 0.81 | 0.79 | 1.71 | 1.47 | | Adjusted EPS | 0.91 | 0.83 | 1.91 | 1.59 | | Operating cash flows from continuing operations | 217 | 157 | 308 | 256 | | Payments to repurchase common stock | 48 | 97 | 204 | 158 | | Payments of dividends to shareholders | 21 | 21 | 41 | 39 | | Net debt (as of July 4, 2025 / January 3, 2025) | - | - | $2,234 | $2,252 | | Net leverage (as of July 4, 2025 / January 3, 2025) | - | - | 2.4x | 2.6x | - The results of HomeSafe Alliance are presented as discontinued operations due to the contract termination and subsequent wind down of the joint venture[7](index=7&type=chunk) [Consolidated Results Review](index=2&type=section&id=Second%20Quarter%20Fiscal%202025%20Consolidated%20Results%20Review) KBR's consolidated revenues grew 6% driven by Defense & Intel, operating income rose 8%, while net income decreased due to contract termination, but Adjusted EBITDA and EPS showed double-digit growth - Revenues were **$2.0 billion**, up **6%** or **$105 million**, primarily driven by growth in Defense & Intel, fueled by the LinQuest acquisition[8](index=8&type=chunk) - Operating income was **$194 million**, up **8%** or **$14 million**, primarily due to increases in Gross profit and Equity in earnings of unconsolidated affiliates due to strong project execution on an LNG project, partially offset by increases in Selling, general and administrative expenses[8](index=8&type=chunk) - Net income attributable to KBR (including loss from discontinued operations) was **$73 million**, down **31%** or **$33 million**, primarily related to the HomeSafe contract termination[9](index=9&type=chunk) - Adjusted EBITDA was **$242 million**, up **12%** or **$26 million**, primarily due to the increase in Operating income, with Adjusted EBITDA margin at **12.4%**, up from the prior year due to strong operating performance[13](index=13&type=chunk) - Adjusted earnings per share were **$0.91**, up **10%** or **$0.08**, due to the increase in Adjusted EBITDA and lower adjusted weighted average common shares outstanding from open market share repurchases, partially offset by higher below-the-line expenses[13](index=13&type=chunk) - Backlog and options totaled **$21.6 billion** at quarter-end, with book-to-bill at **0.9x** for the quarter and **1.0x** on a trailing-twelve-months basis[13](index=13&type=chunk) [Segment Financial Results](index=3&type=section&id=Segment%20Financial%20Results) This section details KBR's financial performance across its Mission Technology Solutions (MTS) and Sustainable Technology Solutions (STS) segments, including revenues, Adjusted EBITDA, and backlog [Summarized Segment Results](index=3&type=section&id=Summarized%20Second%20Quarter%20Fiscal%202025%20Segment%20Results) This section provides a detailed breakdown of KBR's financial performance by its Mission Technology Solutions (MTS) and Sustainable Technology Solutions (STS) segments, including revenues, Adjusted EBITDA, and backlog Summarized Second Quarter Fiscal 2025 Segment Results (Dollars in millions, Backlog in billions) | Metric | Three Months Ended July 4, 2025 | Three Months Ended June 28, 2024 | Six Months Ended July 4, 2025 | Six Months Ended June 28, 2024 | | :------------------------------------ | :------------------------------ | :------------------------------- | :---------------------------- | :----------------------------- | | **Revenues:** | | | | | | Mission Technology Solutions | $1,412 | $1,316 | $2,880 | $2,641 | | Sustainable Technology Solutions | 540 | 531 | 1,090 | 1,024 | | **Adjusted EBITDA:** | | | | | | Mission Technology Solutions | 141 | 133 | 291 | 264 | | Sustainable Technology Solutions | 129 | 110 | 253 | 213 | | Corporate | (28) | (27) | (54) | (54) | | **Adjusted EBITDA margin:** | | | | | | Mission Technology Solutions | 10.0% | 10.1% | 10.1% | 10.0% | | Sustainable Technology Solutions | 23.9% | 20.7% | 23.2% | 20.8% | | **Backlog (as of July 4, 2025 / January 3, 2025):** | | | | | | Mission Technology Solutions | - | - | $12,972 | $12,642 | | Sustainable Technology Solutions | - | - | $3,725 | $3,963 | | **Backlog and options (as of July 4, 2025 / January 3, 2025):** | | | | | | Mission Technology Solutions | - | - | $17,845 | $16,617 | | Sustainable Technology Solutions | - | - | $3,725 | $3,963 | [Segment Results Review](index=4&type=section&id=Second%20Quarter%20Fiscal%202025%20Segment%20Results%20Review) This section reviews the performance of KBR's MTS and STS segments, detailing revenue and operating income drivers, Adjusted EBITDA, and new business awards [Mission Technology Solutions (MTS)](index=4&type=section&id=Mission%20Technology%20Solutions%20(MTS)) MTS revenues grew 7% driven by Defense & Intel and LinQuest acquisition, with Adjusted EBITDA up 6%, despite a slight operating income decrease due to higher SG&A, securing new defense awards - Revenues were **$1,412 million**, up **7%** or **$96 million**, driven by growth in Defense & Intel, fueled by the LinQuest acquisition[16](index=16&type=chunk) - Operating income was **$110 million**, down **3%** or **$3 million**, primarily due to increases in Selling, general and administrative expenses, which offset increases in Gross profit, resulting in an operating income margin of **7.8%**[16](index=16&type=chunk) - Adjusted EBITDA was **$141 million**, up **6%** or **$8 million**, generally in line with growth in Revenues, with an Adjusted EBITDA margin of **10.0%**, consistent with the prior year period[17](index=17&type=chunk) - Backlog and options totaled **$17.8 billion** as of quarter-end, with book-to-bill at **1.0x** for the quarter and **0.9x** on a trailing-twelve-months basis[17](index=17&type=chunk) - New business awards include a subcontract to expand psychological health services for Army resilience training, a **$476 million** base operations support contract in Djibouti, multiple strategic contracts for the Air Force Research Laboratory, and a LOGCAP V contract extension through 2030 for EUCOM and NORTHCOM[20](index=20&type=chunk) [Sustainable Technology Solutions (STS)](index=4&type=section&id=Sustainable%20Technology%20Solutions%20(STS)) STS revenues increased 2% from sustainable technology demand, with operating income and Adjusted EBITDA showing double-digit growth driven by strong LNG project execution and new awards - Revenues were **$540 million**, up **2%** or **$9 million**, driven by increasing demand for sustainable technologies and services[17](index=17&type=chunk) - Operating income was **$123 million**, up **16%** or **$17 million**, primarily due to increases in Gross profit and Equity in earnings of unconsolidated affiliates due to strong project execution on an LNG project, with an operating income margin of **22.8%**[18](index=18&type=chunk) - Adjusted EBITDA was **$129 million**, up **17%** or **$19 million**, primarily due to higher Operating income, with an Adjusted EBITDA margin of **23.9%**, up from the prior year due to strong operating performance[18](index=18&type=chunk) - Backlog totaled **$3.7 billion** as of quarter-end, with book-to-bill at **0.7x** for the quarter and **1.0x** on a trailing-twelve-months basis[18](index=18&type=chunk) - New business awards include combined technology and services for a large ammonia and urea complex, a FEED contract for KEPPT's fertilizer facility in Iraq, KBR SOCAR JV selected by BP for energy security projects in Azerbaijan, and the opening of a plastics recycling plant using KBR's licensed Hydro-PRT technology by Mitsubishi Chemical and ENEOS[21](index=21&type=chunk) [Balance Sheet, Cash Flow, and Capital Deployment](index=5&type=section&id=Balance%20Sheet,%20Cash%20Flow,%20and%20Capital%20Deployment) KBR maintained strong liquidity of **$1,008 million** and a **2.4x** net leverage ratio, with operating cash flows from continuing operations increasing **38%** to **$217 million** and **$69 million** returned to shareholders - Liquidity as of July 4, 2025, totaled approximately **$1,008 million**, comprising **$605 million** in borrowing capacity under the revolving credit facility and **$403 million** cash and cash equivalents[22](index=22&type=chunk) - Net leverage ratio as of July 4, 2025, was **2.4x**[22](index=22&type=chunk) - Operating cash flows from continuing operations for the quarter were **$217 million**, up **38%** or **$60 million**, with Operating cash conversion of **185%**[22](index=22&type=chunk) - During the second quarter, KBR returned **$69 million** in capital to shareholders, consisting of **$48 million** in share repurchases and **$21 million** in regular dividends[22](index=22&type=chunk) [Financial Outlook & Targets](index=5&type=section&id=Financial%20Outlook%20%26%20Targets) This section outlines KBR's revised fiscal year 2025 guidance and updated long-term financial targets for fiscal year 2027, reflecting recent contract changes and operational adjustments [Revising Fiscal Year 2025 Guidance](index=5&type=section&id=Revising%20Fiscal%20Year%202025%20Guidance) KBR revised its FY2025 guidance downwards for revenues and Adjusted EBITDA, while adjusting Adjusted EPS and maintaining operating cash flow, due to contract termination and delays - KBR is revising the previously provided outlook for the HomeSafe Alliance JV contract termination, reductions in EUCOM and logistics, and protest resolution delays[23](index=23&type=chunk) Updated Fiscal Year 2025 Guidance | Metric | Updated FY2025 Guidance | Prior FY2025 Guidance | | :---------------- | :---------------------- | :-------------------- | | Revenues | $7.9B - $8.1B | $8.7B - $9.1B | | Adjusted EBITDA | $960M - $980M | $950M - $990M | | Adjusted EPS | $3.78 - $3.88 | $3.71 - $3.95 | | Operating cash flows | $500M - $550M | $500M - $550M | [Updating Fiscal Year 2027 Financial Targets](index=5&type=section&id=Updating%20Fiscal%20Year%202027%20Financial%20Targets) KBR updated its FY2027 long-term financial targets, adjusting revenue and MTS revenue CAGR downwards due to contract termination, while maintaining or improving other key metrics - KBR is updating its long-term financial targets for the HomeSafe Alliance JV contract termination[25](index=25&type=chunk) Updated Fiscal Year 2027 Financial Targets | Metric | Updated FY2027 Targets | Prior FY2027 Targets | | :------------------------------------ | :--------------------- | :------------------- | | Revenues | $9.0B+ | $11.5B+ | | MTS Revenues CAGR | 5% - 8% | 11% - 15% | | STS Revenue CAGR | 11% - 15% | 11% - 15% | | Adjusted EBITDA | $1.15B+ | $1.15B+ | | Adjusted EBITDA margin | 11%+ | 10% - 11% | | MTS Adjusted EBITDA margin | 10%+ | 9% - 10% | | STS Adjusted EBITDA margin | 20%+ | ~20% | | Operating cash flows | $650M+ | $700M+ | | 2024-2027 Cumulative deployable free cash | ~$2.0B | ~$2.0B | [Company Information](index=6&type=section&id=Company%20Information) This section provides essential company information, including conference call details, an overview of KBR's global operations, forward-looking statement disclaimers, and contact information [Conference Call Details](index=6&type=section&id=Conference%20Call%20Details) KBR will host a conference call on July 31, 2025, at 7:30 a.m. Central Time to discuss Q2 FY2025 results, with webcast and replay options available - The conference call to discuss second quarter fiscal year 2025 results will be held on Thursday, July 31, 2025, at 7:30 a.m. Central Time[30](index=30&type=chunk) - The call will be webcast simultaneously through the Investor Relations section of KBR's website at investors.kbr.com, with a replay available shortly after[30](index=30&type=chunk) [About KBR](index=6&type=section&id=About%20KBR) KBR is a global provider of science, technology, and engineering solutions, employing approximately **37,000** people across **29+** countries and serving customers in over **80** countries - KBR delivers science, technology, and engineering solutions to governments and companies around the world[31](index=31&type=chunk) - KBR employs approximately **37,000** people worldwide, with customers in more than **80** countries and operations in over **29** countries[31](index=31&type=chunk) [Forward-Looking Statements](index=7&type=section&id=Forward-Looking%20Statements) This section outlines inherent risks and uncertainties for KBR's forward-looking statements, including government funding, regulatory changes, geopolitical conflicts, and operational challenges, which may cause actual results to differ - Statements regarding future financial performance, operating cash flows, contract revenues, and business strategy are forward-looking and subject to numerous risks and uncertainties[33](index=33&type=chunk) - Key risks include uncertainty in government funding, changes in laws and regulations, geopolitical conflicts (Russia-Ukraine, Middle East), adverse economic conditions, delays or cancellations of contract awards, and the ability to successfully integrate acquisitions[33](index=33&type=chunk) - The company undertakes no obligation to revise or update publicly any forward-looking statements for any reason, except as required by law[34](index=34&type=chunk) [Contact Information](index=7&type=section&id=For%20further%20information,%20please%20contact:) This section provides contact details for KBR's Investor Relations and Global Communications departments for further inquiries - Investors can contact Jamie DuBray, Vice President, Investor Relations at **713-753-2133** or Investors@kbr.com[35](index=35&type=chunk) - Media can contact Philip Ivy, Vice President, Global Communications at **713-753-3800** or Mediarelations@kbr.com[35](index=35&type=chunk) [Financial Statements](index=8&type=section&id=Financial%20Statements) This section presents KBR's unaudited condensed consolidated financial statements, including statements of operations, balance sheets, and cash flows, for the specified periods [Condensed Consolidated Statements of Operations](index=8&type=section&id=KBR,%20Inc.%20Condensed%20Consolidated%20Statements%20of%20Operations) This section presents KBR's unaudited condensed consolidated statements of operations for the three and six months ended July 4, 2025, and June 28, 2024, detailing revenues, expenses, and net income KBR, Inc. Condensed Consolidated Statements of Operations (In millions, except for per share data) (Unaudited) | Metric | Three Months Ended July 4, 2025 | Three Months Ended June 28, 2024 | Six Months Ended July 4, 2025 | Six Months Ended June 28, 2024 | | :-------------------------------------------------- | :------------------------------ | :------------------------------- | :---------------------------- | :----------------------------- | | Total revenues | $1,952 | $1,847 | $3,970 | $3,665 | | Gross profit | 290 | 270 | 590 | 518 | | Total operating income | 194 | 180 | 396 | 346 | | Net income from continuing operations | 106 | 106 | 227 | 200 | | Net income (loss) from discontinued operations, net of tax | (48) | 1 | (54) | 1 | | Net income attributable to KBR | 73 | 106 | 189 | 199 | | Diluted earnings per share attributable to KBR | $0.56 | $0.79 | $1.44 | $1.47 | | Adjusted EPS | $0.91 | $0.83 | $1.91 | $1.59 | [Condensed Consolidated Balance Sheets](index=9&type=section&id=KBR,%20Inc.%20Condensed%20Consolidated%20Balance%20Sheets) This section provides KBR's unaudited condensed consolidated balance sheets as of July 4, 2025, and January 3, 2025, outlining assets, liabilities, and shareholders' equity KBR, Inc. Condensed Consolidated Balance Sheets (In millions) (Unaudited) | Metric | July 4, 2025 | January 3, 2025 | | :------------------------------------ | :----------- | :-------------- | | **Assets:** | | | | Cash and equivalents | $403 | $342 | | Total current assets | 2,092 | 1,873 | | Goodwill | 2,693 | 2,630 | | Total Assets | $6,793 | $6,663 | | **Liabilities and Shareholders' Equity:** | | | | Total current liabilities | $1,857 | $1,782 | | Long-term debt | 2,571 | 2,533 | | Total liabilities | 5,304 | 5,196 | | Total KBR shareholders' equity | 1,487 | 1,453 | | Total shareholders' equity | 1,489 | 1,467 | | Total liabilities and shareholders' equity | $6,793 | $6,663 | [Condensed Consolidated Statements of Cash Flows](index=11&type=section&id=KBR,%20Inc.%20Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) This section details KBR's unaudited condensed consolidated statements of cash flows for the six months ended July 4, 2025, and June 28, 2024, categorizing cash flows by activity KBR, Inc. Condensed Consolidated Statements of Cash Flows (In millions) (Unaudited) | Metric | Six Months Ended July 4, 2025 | Six Months Ended June 28, 2024 | | :-------------------------------------------------- | :---------------------------- | :----------------------------- | | Net income | $173 | $201 | | Total cash flows provided by operating activities - continuing operations | $308 | $256 | | Total cash flows provided by (used in) investing activities - continuing operations | $(24) | $19 | | Total cash flows used in financing activities - continuing operations | $(219) | $(158) | | Total cash flows from discontinued operations | $(31) | $(6) | | Increase in cash and cash equivalents | $54 | $110 | | Cash and cash equivalents at end of period | $404 | $414 | | Cash and cash equivalents at end of period for continuing operations | $403 | $399 | [Unaudited Non-GAAP Financial Information](index=13&type=section&id=Unaudited%20Non-GAAP%20Financial%20Information) This section provides definitions and reconciliations for KBR's unaudited non-GAAP financial measures, including Adjusted EBITDA, Adjusted EPS, and Operating Cash Conversion [Adjusted EBITDA](index=13&type=section&id=Adjusted%20EBITDA) This section defines Adjusted EBITDA and Adjusted EBITDA margin as non-GAAP measures, providing detailed reconciliations from Net income attributable to KBR and Operating income - Adjusted EBITDA is defined as Net income (loss) attributable to KBR, plus Net (income) loss from discontinued operations, net of tax; less Net income (loss) attributable to noncontrolling interest included in discontinued operations; less Interest expense; Other non-operating expense (income); Provision for income taxes; Depreciation and amortization; and certain discrete non-recurring items[43](index=43&type=chunk) - Management believes Adjusted EBITDA and Adjusted EBITDA margin afford investors a view of what management considers KBR's core performance and the ability to make a more informed assessment[43](index=43&type=chunk) Reconciliation of Adjusted EBITDA (Consolidated, Dollars in millions) | Metric | Three Months Ended July 4, 2025 | Three Months Ended June 28, 2024 | Six Months Ended July 4, 2025 | Six Months Ended June 28, 2024 | | :-------------------------------------------------- | :------------------------------ | :------------------------------- | :---------------------------- | :----------------------------- | | Net income attributable to KBR | $73 | $106 | $189 | $199 | | Net (income) loss from discontinued operations, net of tax | 48 | (1) | 54 | (1) | | Net income (loss) attributable to noncontrolling interest included in discontinued operations | (16) | 1 | (18) | 1 | | Net income attributable to KBR from continuing operations | $105 | $106 | $225 | $199 | | Interest expense | 41 | 32 | 82 | 63 | | Other non-operating expense (income) | 8 | 2 | 5 | 8 | | Provision for income taxes | 39 | 40 | 82 | 75 | | Depreciation and amortization | 45 | 35 | 86 | 71 | | Acquisition, integration and other | 4 | 5 | 10 | 6 | | Ichthys commercial dispute cost | — | (1) | — | 3 | | Legacy legal fees and settlements | — | (3) | — | (2) | | **Adjusted EBITDA** | **$242** | **$216** | **$490** | **$423** | [Adjusted EPS](index=15&type=section&id=Adjusted%20EPS) This section defines Adjusted EPS as a non-GAAP measure, excluding certain amounts from Diluted EPS, used by management to evaluate KBR's core earnings performance - Adjusted earnings per share (Adjusted EPS) is a non-GAAP financial measure that excludes certain amounts included in the Diluted EPS calculated in accordance with GAAP[46](index=46&type=chunk) - Management believes Adjusted EPS affords investors a view of KBR's core earnings performance and aids in a more informed assessment[46](index=46&type=chunk) Reconciliation of Adjusted EPS | Metric | Three Months Ended July 4, 2025 | Three Months Ended June 28, 2024 | Six Months Ended July 4, 2025 | Six Months Ended June 28, 2024 | | :------------------------------------ | :------------------------------ | :------------------------------- | :---------------------------- | :----------------------------- | | Diluted EPS attributable to KBR | $0.56 | $0.79 | $1.44 | $1.47 | | Diluted EPS from discontinued operations | (0.25) | — | (0.27) | — | | Diluted EPS from continuing operations | $0.81 | $0.79 | $1.71 | $1.47 | | Amortization related to acquisitions | 0.07 | 0.04 | 0.14 | 0.08 | | Ichthys commercial dispute cost | — | (0.01) | — | 0.02 | | Acquisition, integration and other | 0.03 | 0.03 | 0.06 | 0.04 | | Legacy legal fees and settlements | — | (0.02) | — | (0.02) | | **Adjusted EPS** | **$0.91** | **$0.83** | **$1.91** | **$1.59** | [Operating Cash Conversion](index=15&type=section&id=Operating%20Cash%20Conversion) This section defines Operating cash conversion as a non-GAAP measure, calculated from operating cash flows and Adjusted EPS, used to assess core operating cash flow performance - Operating cash conversion is calculated as Operating cash flows from continuing operations divided by Adjusted weighted average common shares outstanding, which is then divided by Adjusted earnings per share[48](index=48&type=chunk) - Management believes Operating cash conversion affords investors a view of KBR's core operating cash flow performance[48](index=48&type=chunk) Operating Cash Conversion (Dollars in millions, except per share amounts) | Metric | Three Months Ended July 4, 2025 | Three Months Ended June 28, 2024 | Six Months Ended July 4, 2025 | Six Months Ended June 28, 2024 | | :------------------------------------ | :------------------------------ | :------------------------------- | :---------------------------- | :----------------------------- | | Operating cash flows from continuing operations | $217 | $157 | $308 | $256 | | Operating cash flow per adjusted share | $1.68 | $1.17 | $2.35 | $1.90 | | Adjusted earnings per share | 0.91 | 0.83 | 1.91 | 1.59 | | **Operating cash conversion** | **185%** | **141%** | **123%** | **119%** |

Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In KBR To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in KBR and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648. NEW YORK, July 29, 2025 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims agai ...

Core Insights - KBR has been awarded a contract to provide front-end engineering design (FEED) services to Kuwait Oil Company (KOC) for Phase 1 of its heavy oil program in the South Ratqa field [1][2] Company Overview - KBR is a global provider of science, technology, and engineering solutions, employing approximately 38,000 people and operating in over 29 countries [4] - The company has over 100 years of experience in delivering holistic and value-added solutions across the entire asset life cycle, particularly in the oil and gas sector [3][4] Project Details - The FEED services provided by KBR are part of KOC's Heavy Oil Program, which aligns with KOC's long-term strategy for energy affordability and sustainability in Kuwait [2] - KBR's commitment to operational excellence and innovative solutions is emphasized as a key factor in supporting KOC's vision for energy security [3]

HOUSTON, July 28, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today it has been awarded a Program Management Consultancy (PMC) services contract by Abu Dhabi Transmission Company PJSC (TAQA Transmission) for Phase 1 of its Nexus Scheme (Power & Water Projects). KBR will provide PMC services for the Nexus Scheme across the power and water transmission networks in multiple locations in Abu Dhabi. KBR will manage the overall execution of the various EPC packages, including supply management and associat ...

Group 1 - KBR, Inc. (NYSE: KBR) is identified as being at high risk of poor future performance according to Seeking Alpha's system [1] - The characteristics associated with KBR's potential underperformance are highlighted, indicating a need for caution among investors [1] Group 2 - No specific financial data or performance metrics are provided in the documents regarding KBR or the broader industry [2][3][4] - The articles do not include any investment recommendations or advice related to KBR or other companies mentioned [3][4]

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of KBR, Inc. due to allegations of materially misleading business information issued by KBR [1] Group 1: Investigation Details - The investigation is prompted by KBR's announcement regarding the termination of HomeSafe Alliance's role in the Global Household Goods Contract, which led to a significant drop in KBR's stock price [3] - Following the announcement on June 20, 2025, KBR's stock fell by $3.85 per share, or 7.2%, closing at $48.93 [3] Group 2: Class Action Information - Shareholders who purchased KBR securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees due to a contingency fee arrangement [2] - Interested parties can join the class action by submitting a form or contacting the Rosen Law Firm directly [2] Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and recognition in the field [4] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]

Core Viewpoint - KBR, Inc. experienced a significant decline in share price following the cancellation of a $20 billion contract with the U.S. Department of Defense's TRANSCOM, raising concerns about the company's previous positive statements regarding the contract's status [1][3][4]. Group 1: Contract Details - KBR's HomeSafe Alliance joint venture was awarded a contract in November 2021 to manage household goods for U.S. Armed Services and DoD civilians, valued at up to $20 billion over nine years [4]. - The contract aimed to centralize and improve the relocation process for military families, representing a major partnership with TRANSCOM [4]. Group 2: Company Communications - KBR's leadership expressed confidence in the contract's status, describing the partnership as "strong" and "excellent" during a May 2025 investor call, asserting a commitment to the program's success [5]. - Despite these assurances, operational issues were reportedly mounting behind the scenes, contradicting the company's public optimism [5][8]. Group 3: Contract Termination - On June 19, 2025, TRANSCOM terminated the HomeSafe contract due to failures in fulfilling obligations, including chronic delays and complaints about damaged goods [6]. - The termination shocked investors, especially given KBR's recent positive communications about the contract [7]. Group 4: Investigation and Legal Implications - Following the contract cancellation, Hagens Berman initiated an investigation into whether KBR misled investors regarding the contract's status [2][9]. - The firm is encouraging affected investors to report their losses and is seeking information from individuals with knowledge of the situation [2][9].

Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of KBR, Inc. due to allegations of materially misleading business information issued by KBR [1] Group 1: Investigation and Allegations - The investigation is prompted by KBR's announcement regarding the termination of HomeSafe Alliance's role in a significant contract with U.S. Transportation Command, which led to a notable decline in KBR's stock price [3] - KBR's stock fell by $3.85 per share, or 7.2%, closing at $48.93 on June 20, 2025, following the announcement [3] Group 2: Class Action Details - Shareholders who purchased KBR securities may be entitled to compensation through a class action lawsuit without any out-of-pocket fees, facilitated by a contingency fee arrangement [2] - Interested investors can join the class action by submitting a form or contacting the Rosen Law Firm directly [2] Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4] - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4]

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against KBR, Inc. regarding possible violations of federal securities laws and unlawful business practices following a significant stock price drop due to the termination of a key contract [2][3]. Group 1: Company Overview - KBR, Inc. is a publicly traded company listed on the NYSE under the ticker symbol KBR [2]. - The company was involved in a joint venture, HomeSafe Alliance, which had its role in the Global Household Goods Contract terminated by U.S. Transportation Command [3]. Group 2: Stock Performance - Following the announcement of the contract termination, KBR's stock price decreased by $3.85 per share, representing a decline of 7.29%, closing at $48.93 per share on June 20, 2025 [3]. Group 3: Legal Investigation - Bragar Eagel & Squire, P.C. is encouraging KBR stockholders who suffered losses to contact them to discuss their legal rights and potential claims [1][4]. - The law firm is specifically looking into whether KBR has engaged in unlawful business practices that may have affected stockholder interests [2].