Core Insights - KBR has been awarded a front-end engineering design (FEED) contract for an ammonia and urea production plant in Basra, Iraq [1][2] - The facility will produce 2,300 metric tons per day (MTPD) of ammonia and 3,850 MTPD of urea, utilizing KBR's proprietary ammonia technology [2] - The project aims to enhance Iraq's agricultural industry, create jobs, and reduce fertilizer imports, positioning Iraq as a global ammonia producer [3] Company Overview - KBR provides science, technology, and engineering solutions globally, employing approximately 38,000 people and serving customers in over 80 countries [4] - The company has extensive experience, having been involved in the licensing, design, engineering, and construction of more than 260 ammonia plants worldwide [3][4]

LOS ANGELES, July 16, 2025 /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of KBR, Inc. ("KBR" or "the Company") (NYSE: KBR) for violations of the securities laws. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics. CONTACT: The Schall Law Firm Brian Schall, Esq. 310-301-3335 [email protected] www.schallfirm.com The investigation focus ...

Core Points - KBR's joint venture with SOCAR, SOCAR-KBR LLC, has secured two contracts from BP in Azerbaijan for the Sangachal Terminal Electrification project and the Shah Deniz compression gas field project [1][2] - The contracts involve detailed engineering design solutions and procurement services, building on previous work completed by SOCAR-KBR [2] - KBR has a long-standing presence in the region, contributing to Azerbaijan's clean energy security objectives through these projects [3] Company Overview - KBR provides science, technology, and engineering solutions globally, employing approximately 38,000 people across more than 80 countries [4] - The company emphasizes technology, value-added services, and long-term operations to ensure consistent delivery and predictable results [4]

Core Points - Byron Bright has resigned as Chief Operating Officer (COO) of KBR, effective July 11, 2025, after 15 years with the company [1] - KBR has realigned its portfolio into two segments: Mission Technology Solutions (MTS) and Sustainable Technology Solutions (STS) [2] - Doug Hill and Mark Kavanaugh have been appointed as Presidents of KBR's Readiness & Sustainment business and Defense, Intel and Space portfolio, respectively, both having over eight years of experience at KBR [2] - KBR expects no operational disruption in the MTS business following Mr. Bright's departure, with a focus on growth and margin expansion [3] - KBR will provide further details on its Q2 2025 earnings call scheduled for July 31, 2025 [3] Company Overview - KBR delivers science, technology, and engineering solutions globally, employing approximately 38,000 people and serving customers in over 80 countries [4]

Core Viewpoint - Lowey Dannenberg P.C. is investigating KBR, Inc. for potential violations of federal securities laws, indicating possible legal issues for the company [1]. Group 1: Investigation Details - The investigation targets KBR, Inc. due to potential violations of federal securities laws, which may affect the company's reputation and financial standing [1]. - Investors who have suffered losses exceeding $100,000 in KBR securities are encouraged to participate in the investigation [2]. Group 2: About Lowey Dannenberg - Lowey Dannenberg is a law firm specializing in representing institutional and individual investors who have experienced financial losses due to corporate fraud and violations of federal laws [3]. - The firm has a strong track record in prosecuting multi-million-dollar lawsuits and has successfully recovered billions for investors [3].

Core Viewpoint - KBR, Inc. experienced a significant decline in share price following the cancellation of a major contract with the U.S. Department of Defense, leading to an investigation into potential securities law violations by the company [1][2][4]. Group 1: Contract Details - KBR's joint venture, HomeSafe Alliance LLC, was awarded a contract valued at $20 billion with a potential term of 9 years to provide household goods and move management services for the U.S. Armed Services and Department of Defense [3]. - The contract was terminated by TRANSCOM due to HomeSafe's inability to meet obligations, which included issues such as delays, missed pickups, and damaged items [3][4]. Group 2: Investor Impact - Following the announcement of the contract's termination, KBR's share price fell by $3.85, representing a 7.3% decrease [4]. - Hagens Berman, a national shareholders rights firm, is investigating whether KBR misled investors regarding the status of the contract and the relationship with TRANSCOM [2][4]. Group 3: Company Assurances - KBR management had previously assured investors about the strength of the relationship with TRANSCOM, stating confidence in the program's future just weeks before the contract was terminated [6].

Group 1 - KBR, Inc. is under investigation by Bragar Eagel & Squire, P.C. for potential violations of federal securities laws and unlawful business practices [1] - On June 20, 2025, KBR announced that its joint venture, HomeSafe Alliance, had its role in the Global Household Goods Contract terminated by U.S. Transportation Command, leading to a significant stock price drop of $3.85 per share, or 7.29%, closing at $48.93 [2] - The law firm is reaching out to KBR stockholders who may have suffered losses and is encouraging them to participate in the investigation [3] Group 2 - Bragar Eagel & Squire, P.C. is a nationally recognized law firm that represents investors in complex litigation across state and federal courts [4]

HOUSTON, July 03, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today that it will host a conference call to discuss its second quarter financial results on Thursday, July 31, 2025, at 7:30 a.m. Central Time (8:30 a.m. Eastern Time). The company plans to issue its second quarter 2025 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 inve ...

Core Insights - KBR successfully supported the launch and execution of Axiom Mission 4 (Ax-4), marking a significant milestone in the company's role in commercial spaceflight [1][4] - The company provided comprehensive training for the Ax-4 crew, enabling them to live and work aboard the International Space Station for two weeks [2] - KBR embedded four flight controllers into Axiom Space's mission control center for real-time operational support during the mission [3] Company Contributions - KBR has supported four private astronaut missions through its agreements with NASA, leveraging its experience from previous contracts [2] - The company has a long history of working with U.S. astronauts since 1968, covering various aspects of space missions [5] - KBR's President highlighted the company's growing footprint in the private space sector and its reputation as a trusted partner in human spaceflight operations [4] Operational Scope - KBR employs approximately 38,000 people globally and operates in over 29 countries, providing technology and engineering solutions to various clients [6] - The company is committed to delivering consistent results and value-added services to its customers worldwide [6]

Core Viewpoint - KBR, Inc. experienced a significant decline in share price following the cancellation of a major contract with the U.S. Department of Defense, raising concerns about potential misrepresentation of the contract's status to investors [1][4][5]. Group 1: Contract Details - KBR's joint venture, HomeSafe Alliance LLC, was awarded a contract valued at $20 billion with a potential term of 9 years to manage household goods for the U.S. Armed Services and Department of Defense [3]. - The contract was terminated by TRANSCOM due to HomeSafe's failure to meet obligations, which included issues like delays and damaged items [4][5]. Group 2: Investor Reactions and Investigations - Following the contract cancellation announcement, KBR's share price fell by $3.85, or 7.3%, on June 20, 2025 [5]. - Hagens Berman, a national shareholders rights firm, has initiated an investigation into KBR for possible violations of securities laws related to prior positive statements about the contract [2][5]. Group 3: Company Assurances - As recently as May 6, 2025, KBR management expressed confidence in the contract's status, claiming a strong relationship with TRANSCOM [4][7]. - However, just weeks later, it was revealed that HomeSafe had been struggling with various challenges related to the contract, contradicting KBR's earlier assurances [5].