HOUSTON, May 22, 2024 /PRNewswire/ -- KBR (NYSE: KBR) and Sumitomo Chemical announced today that they have signed an alliance agreement to make KBR an exclusive licensing partner for Sumitomo Chemical's state-of-the-art propylene oxide by cumene (POC) technology. Propylene oxide is an intermediate product used primarily in the further manufacture of polyurethanes. Polyurethane is used in many products such as foams, coatings, adhesives and sealants which serve growing industries such as construction, indust ...

Marco Di Lauro/Getty Images News Investment Thesis KBR, Inc. (NYSE:KBR) should continue to deliver good revenue growth moving ahead given its healthy order bookings and secular growth drivers in its Government Solutions ('GS') and Sustainable Technology Solutions ('STS') segments. The GS segment should benefit from its good exposure to National Security, Emerging Technology, and Defense modernization driven by increased government spending amid recent geopolitical tensions. Moreover, the segment should ...

HOUSTON, May 16, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that its Board of Directors has declared a regular quarterly dividend of $0.15 per share on the company's common stock, par value $0.001 per share, to be paid on July 15, 2024, to stockholders of record on June 17, 2024.About KBRWe deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 35,000 people worldwide with customers in more than 80 countries and operations in ...

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 ...

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 ...

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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, 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, 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 ...

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 ...