KBR(KBR)

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INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of KBR, Inc. - KBR
GlobeNewswire News Room· 2025-06-28 14:00
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving KBR, Inc. and its officers or directors following a significant stock price drop due to the termination of a key contract [1][3]. Group 1: Investigation Details - Pomerantz LLP is representing investors of KBR, Inc. and is looking into claims of securities fraud or other unlawful business practices [1]. - Investors are encouraged to contact Pomerantz LLP for more information regarding the investigation [1]. Group 2: Stock Performance - On June 20, 2025, KBR announced that HomeSafe Alliance, a joint venture, had its role in the Global Household Goods Contract terminated by U.S. Transportation Command [3]. - Following this announcement, KBR's stock price decreased by $3.85 per share, representing a 7.29% decline, closing at $48.93 per share [3].
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of KBR, Inc. - KBR
Prnewswire· 2025-06-27 21:10
Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices involving KBR, Inc. and its officers or directors [1] Group 1: Company News - On June 20, 2025, KBR announced that its joint venture, HomeSafe Alliance, was terminated from the Global Household Goods Contract by U.S. Transportation Command, which aims to enhance the moving system for military personnel and their families [2] - Following this announcement, KBR's stock price dropped by $3.85 per share, representing a decline of 7.29%, closing at $48.93 per share on the same day [2] Group 2: Legal Context - Pomerantz LLP is recognized as a leading firm in corporate, securities, and antitrust class litigation, with a history of advocating for victims of securities fraud and corporate misconduct [3]
KBR Announcement on HomeSafe Alliance Global Household Goods Contract
Globenewswire· 2025-06-20 10:00
Core Insights - HomeSafe Alliance, a joint venture of KBR, has had its role in the Global Household Goods Contract terminated by U.S. Transportation Command (TRANSCOM) [1] - The termination is not expected to materially affect KBR's adjusted EBITDA outlook for 2025, as the program was not anticipated to contribute to profits in the initial year of move activity [2] Company Overview - KBR provides science, technology, and engineering solutions globally, employing approximately 38,000 people and serving customers in over 80 countries [2]
KBR Awarded Subcontract with Strategic Resources Inc to Expand Psychological Health Services, Aid Army Resilience Training
GlobeNewswire· 2025-06-16 10:00
Core Viewpoint - KBR has secured a subcontract with Strategic Resources Inc to provide health and resilience services to the U.S. Army, emphasizing the importance of mental and physical readiness for soldiers and their families [1][4][9] Contract Details - The Master Resilience Training/Training Center Support contract is valued at $161 million, covering one base year and four option years, with operations across the U.S., Korea, Japan, and Germany [2] - KBR will work with SRI to deliver Master Resilience Trainers at Army Ready and Resilience Centers, focusing on enhancing the well-being and performance of soldiers and related personnel [3] Strategic Importance - This contract is seen as a significant advancement in KBR's commitment to military well-being, building on previous Department of Defense healthcare contracts and existing prime contracts for NASA and U.S. Special Operations Forces [4]
KBR Wins $476M Contract for Base Operations Support in Djibouti
ZACKS· 2025-05-28 16:16
Core Viewpoint - KBR, Inc. has secured a $476 million contract from the U.S. Navy for Base Operations Support services at Camp Lemonnier and Chabelley Airfield in Djibouti, which are critical locations for U.S. military operations in Africa [1][3]. Group 1: Contract Details - The contract is a firm-fixed-price agreement that allows KBR to continue providing essential services at the only permanent U.S. Navy base in Africa [1]. - KBR has been supporting NAVFAC in Djibouti since 2013, providing 24/7 base operations that enhance regional stability and protect U.S. interests [2]. - The new contract will run from November 2025 to May 2034 and includes managing facility operations, airfield and security services, emergency response, and basic life support [3]. Group 2: Market Presence and Growth - KBR operates in various locations, including Bahrain, Diego Garcia, and the UAE, and has over 30 years of experience supporting military operations in complex environments [4]. - The company offers diversified solutions through its Government Solutions and Sustainable Technology Solutions segments, benefiting from the rising importance of national security and energy transition [5]. - As of April 4, 2025, KBR's total backlog was $20.5 billion, with significant contributions from Mission Technology Solutions and Sustainable Technology Solutions [6]. Group 3: Financial Performance - KBR's shares have decreased by 9.5% year to date, while the Zacks Engineering - R and D Services industry has seen a decline of 0.6% [9]. - Despite concerns over dependency on government spending, the demand for sustainable services is expected to drive growth, with earnings estimates for 2025 increasing to $3.85 per share, reflecting a 15.3% growth from 2024 [9]. - The company has maintained a trailing 12-month book-to-bill ratio of 1.0X, indicating steady operational momentum [6].
KBR Awarded $476M Base Operations Support Contract in Djibouti
Globenewswire· 2025-05-27 10:00
Core Insights - KBR has been awarded a $476 million contract by the U.S. Navy Facilities Engineering Systems Command to provide Base Operations Support services at Camp Lemonnier and Chabelley Airfield in Djibouti, which is the only permanent U.S. Navy base in Africa [1][2] - The contract will run from November 2025 to May 2034 and includes a wide range of mission support services for the Combined Joint Task Force - Horn of Africa, covering facility operations, maintenance, fire and emergency services, airfield and security operations, as well as basic life support services [2][3] - KBR has a long-standing relationship with NAVFAC in Djibouti, having supported base operations since 2013, and has provided mission-critical support to the U.S. military and allied nations for over 30 years in various complex environments globally [3][4] Company Overview - KBR delivers science, technology, and engineering solutions to governments and companies worldwide, employing approximately 38,000 people and operating in over 30 countries [4] - The company is committed to providing technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results [4]
KBR Signs Letter of Intent to Develop Spaceflight Food Lab at Exploration Park Near Johnson Space Center
Globenewswire· 2025-05-22 22:00
HOUSTON, May 22, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR), a leader in human spaceflight expertise for more than 60 years, has signed a letter of intent with ACMI Properties to grow KBR’s commercial space capabilities including a human spaceflight food laboratory at NASA’s Exploration Park, adjacent to Johnson Space Center. The 45,000 square-foot, Houston-based facility would serve the growing commercial low-Earth orbit (LEO) industry where tailorable astronaut food systems and solutions will be designed, t ...
KBR Announces Dividend Declaration
Globenewswire· 2025-05-15 15:00
HOUSTON, May 15, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today that its Board of Directors has declared a regular quarterly dividend of $0.165 per share on the company’s common stock, par value $0.001 per share, to be paid on July 15, 2025, to stockholders of record on June 13, 2025. About KBRWe deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 38,000 people worldwide with customers in more than 80 countries and operatio ...
Here's Why KBR Inc. (KBR) is a Strong Growth Stock
ZACKS· 2025-05-13 14:50
Core Insights - Zacks Premium offers various tools to enhance investor confidence and market engagement, including daily updates on Zacks Rank and Industry Rank, Equity Research reports, and Premium stock screens [1][2] Zacks Style Scores - Zacks Style Scores provide a unique rating system for stocks based on value, growth, and momentum characteristics, aiding investors in selecting securities likely to outperform the market in the short term [2][3] - Stocks are rated from A to F, with A indicating the highest potential for outperformance [3] Value Score - The Value Style Score focuses on identifying undervalued stocks by analyzing financial ratios such as P/E, PEG, Price/Sales, and Price/Cash Flow [3] Growth Score - The Growth Style Score emphasizes a company's financial health and future growth potential, considering projected and historical earnings, sales, and cash flow [4] Momentum Score - The Momentum Style Score identifies optimal entry points for stocks based on price trends and earnings estimate changes [5] VGM Score - The VGM Score combines all three Style Scores, providing a comprehensive indicator for investors who utilize multiple investing strategies [6] Zacks Rank - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to assist investors in building successful portfolios [7] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [8] Stock Example: KBR Inc. - KBR, Inc. is a global engineering and construction firm with operations in over 29 countries and customers in more than 80 countries [12] - Currently rated 3 (Hold) by Zacks, KBR has a VGM Score of A and a Growth Style Score of B, indicating potential for growth with a forecasted year-over-year earnings growth of 15.3% for the current fiscal year [12][13] - Recent upward revisions in earnings estimates and a Zacks Consensus Estimate increase to $3.85 per share further support KBR's position as a strong candidate for growth investors [13]
KBR's Q1 Earnings Surpass Estimates, Revenues Miss, Both Up Y/Y
ZACKS· 2025-05-07 14:05
Core Viewpoint - KBR, Inc. reported strong year-over-year growth in earnings and cash flow for Q1 2025, although revenues slightly missed expectations, leading to a 5.1% increase in stock price following the earnings release [1][2]. Financial Performance - Adjusted earnings per share (EPS) reached 98 cents, exceeding the Zacks Consensus Estimate of 88 cents by 11.4% and reflecting a 27.3% year-over-year increase [3]. - Total revenues amounted to $2,055 million, falling short of the consensus mark of $2,066 million by 0.5%, but showing a 13% increase year-over-year [3]. - Adjusted EBITDA rose 17.4% year-over-year to $243 million, with the adjusted EBITDA margin contracting by 40 basis points to 11.8% [3]. Segment Performance - The Mission Technology Solutions segment saw revenues increase by 13.6% year-over-year to $1.5 billion, supported by strong contributions from Defense & Intelligence and the HomeSafe program [5]. - The Sustainable Technology Solutions segment reported a 12% year-over-year revenue increase to $550 million, surpassing projections [6]. - Adjusted EBITDA for the Mission Technology Solutions segment was $145 million, up from $131 million in the prior-year quarter, with an adjusted EBITDA margin of 11.8% [6]. Backlog and Operational Metrics - As of April 4, 2025, KBR's total backlog was $20.5 billion, down from $21.2 billion as of January 3, 2025, with contributions of $16.51 billion from Mission Technology Solutions and $4.03 billion from Sustainable Technology Solutions [7]. - The trailing 12-month book-to-bill ratio stood at 1.0x at the end of Q1 2025 [8]. Liquidity and Cash Flow - Cash and cash equivalents increased to $442 million as of April 4, 2025, up from $350 million on January 3, 2025 [10]. - Operating cash flow for Q1 2025 totaled $98 million, an increase from $91 million at the end of March 29, 2024 [10]. - KBR returned a total of $176 million to shareholders in Q1 2025, including $156 million through share repurchases and $20 million in dividends [11]. 2025 Outlook - KBR expects total revenues for 2025 to be in the range of $8.7-$9.1 billion, indicating 12-18% growth, with adjusted EBITDA projected between $950 million and $990 million [12]. - Adjusted EPS is anticipated to be in the range of $3.71-$3.95, reflecting 11-18% growth, and operating cash flow is expected to be between $500-$550 million, representing 8-19% growth [12].