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KBR Awarded $771M in LOGCAP Contract Options to Provide Logistics and Life Support Services to U.S. Army EUCOM and NORTHCOM
Prnewswire· 2024-04-29 20:30
HOUSTON, April 29, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded an estimated $771 million in cost-plus-fixed-fee contract options to continue mission-critical support to the U.S. Army Northern Command (NORTHCOM) and European Command (EUCOM) under the Logistics Civil Augmentation Program (LOGCAP) V contract. LOGCAP is an indefinite delivery indefinite quantity contract with combatant command (COCOM) based task orders. The option period 4 performance is March 2024 to March 2025. Un ...
Why Earnings Season Could Be Great for KBR
Zacks Investment Research· 2024-04-29 13:41
Investors are always looking for stocks that are poised to beat at earnings season and KBR Inc. (KBR) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because KBR is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information possible — is a pretty good indicator of some ...
KBR Inc. (KBR) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-04-23 15:07
The market expects KBR Inc. (KBR) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on A ...
KBR's Phenol Technology Selected by SABIC Fujian Petrochemicals
Prnewswire· 2024-04-22 10:00
HOUSTON, April 22, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded a contract by SABIC Fujian Petrochemicals to license KBR's market-leading phenol technology in China. Under the terms of the contract, KBR will provide technology licensing and proprietary engineering design for a 250 KTA phenol plant at SABIC's Fujian Petrochemical Complex. The final investment decision for this project was announced in January 2024 with expected completion in FY 2026. KBR's phenol technology offers ...
Why KBR (KBR) is Poised to Beat Earnings Estimates Again
Zacks Investment Research· 2024-04-18 17:16
Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? KBR Inc. (KBR) , which belongs to the Zacks Engineering - R and D Services industry, could be a great candidate to consider.This the engineering, construction company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 2.11%.For the last reported q ...
KBR Green Ammonia Technology Selected for Fortescue's Project in Norway
Prnewswire· 2024-04-17 10:00
HOUSTON, April 17, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has signed a contract to provide its green ammonia technology, K-GreeN®, for Fortescue's Holmaneset green energy project in Norway. Under the terms of the contract, KBR will provide technology license, proprietary engineering design, and FEED support engineering services for the 675 metric tonnes per day grassroots green ammonia plant in Norway. "We are excited to work with Fortescue on this project to offer our zero-carbon green amm ...
KBR Awarded Engineering Services Contract by First State Hydrogen
Prnewswire· 2024-04-09 10:00
HOUSTON, April 9, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded an engineering services contract by First State Hydrogen, Inc. to support the feasibility and development of its first clean hydrogen production facility in the U.S. mid-Atlantic region. KBR will provide engineering services to study the feasibility of developing a clean hydrogen production facility through electrolysis powered by renewable energy. The study is part of First State Hydrogen's vision to provide clean hy ...
KBR Awarded over $450M in Systems Engineering, Acquisition, Research & Development and Operations Support Contracts
Prnewswire· 2024-04-08 10:00
HOUSTON, April 8, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced that it has been awarded new contracts estimated at more than $450 million to deliver highly technical systems engineering support and services to the U.S. Government. Under the terms of these contracts, KBR will provide systems engineering, acquisition support, phenomenology expertise and data science, as well as applied research, communications security infrastructure, operations and maintenance support.   These contracts focus on sustaining ...
KBR Purifier Ammonia Technology Selected by El Nasr Company for Intermediate Chemicals in Egypt
Prnewswire· 2024-04-03 10:00
HOUSTON, April 3, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that its Purifier™ ammonia technology was selected by Wuhuan Engineering Co. Ltd. for the expansion of El Nasr Company for Intermediate Chemicals' (NCIC) fertilizer complex in Egypt.  Under the terms of the contract, KBR will provide the technology license, proprietary engineering design and proprietary equipment for NCIC's 1,200 metric tonnes per day ammonia plant. "We are pleased to be a part of this project and support El Nasr Company ...
KBR to Hold First Quarter 2024 Earnings Conference Call
Prnewswire· 2024-04-02 10:00
HOUSTON, April 2, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it will host a conference call to discuss its first quarter 2024 financial results on Tuesday, April 30, 2024, at 7:30 a.m. Central Time (8:30 a.m. Eastern Time). The company plans to issue its first quarter 2024 earnings release and earnings presentation in advance of the call. Both will be available on KBR's website. The conference call will be webcast simultaneously through the Investor Relations section of KBR's website at inves ...