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KBR(KBR) - 2025 Q2 - Quarterly Results
2025-07-31 01:00
Exhibit 99.1 KBR Reports Second Quarter Fiscal 2025 Results 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 Target ...
KBR INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Continues Investigation on Behalf of KBR, Inc. Investors and Encourages Investors to Contact The Firm
GlobeNewswire News Room· 2025-07-30 00:39
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 ...
KBR Awarded FEED for Heavy Oil Program by Kuwait Oil Company
Globenewswire· 2025-07-29 10:00
HOUSTON, July 29, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today it will provide front-end engineering design (FEED) services to Kuwait Oil Company (KOC) for Phase 1 of its heavy oil program for the South Ratqa field. For further information, please contact: Investors Jamie DuBray Vice President, Investor Relations 713-753-5082 Investors@kbr.com We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 38,000 people worldwide ...
KBR Awarded Program Management Consultancy Services Contract by TAQA Transmission
Globenewswire· 2025-07-28 10:00
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 ...
KBR: Earnings Up, Share Price Down In Value Opportunity
Seeking Alpha· 2025-07-27 16:42
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]
KBR Investor News: If You Have Suffered Losses in KBR, Inc. (NYSE: KBR), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
GlobeNewswire News Room· 2025-07-25 21:19
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]
KBR, Inc. (KBR) Faces Investor Scrutiny After TRANSCOM Terminated Contract, Stock Price Decline – KBR Investors with Substantial Losses Encouraged to Contact Hagens Berman
GlobeNewswire News Room· 2025-07-23 21:56
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].
Rosen Law Firm Encourages KBR, Inc. Investors to Inquire About Securities Class Action Investigation - KBR
Prnewswire· 2025-07-22 20:52
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]
KBR INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Continues Investigation on Behalf of KBR, Inc. Investors
GlobeNewswire News Room· 2025-07-17 23:50
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].
KBR Secures Two-Year Renewal of EPCM Contract with Basra Oil Company for the Majnoon Oil Field in Iraq
Globenewswire· 2025-07-17 20:15
Core Insights - KBR has secured a two-year renewal of its EPCM contract with Basra Oil Company for the Majnoon Oil Field, emphasizing its commitment to Iraq's energy strategy and sustainable development [1][2] - The contract extension highlights the strong partnership between KBR and BOC, focusing on maximizing production capacity and operational efficiency [2] - KBR's team in Iraq consists of a significant number of local professionals, ensuring effective project execution and alignment with local content requirements [3] Company Overview - KBR provides science, technology, and engineering solutions globally, employing approximately 38,000 people and operating in over 29 countries [4] - The company aims to deliver technology and value-added services to ensure consistent project outcomes and long-term operational success [4]