KBR(KBR)
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KBR Wins Deal to Enhance Australian Nuclear Submarine Facilities
ZACKS· 2024-09-11 17:20
KBR, Inc. (KBR) has been awarded a contract to continue providing technical design services at HMAS Stirling, advancing Australia's nuclear-powered submarine infrastructure. The contract, granted by the Security and Estate Group and the Australian Submarine Agency, aims to support the Submarine Rotational Force – West, accelerating Australia's capabilities to safely operate and maintain a future nuclear-powered submarine fleet.KBR will integrate Frazer Nash Consultancy, a KBR subsidiary, to deliver nuclear ...
KBR Boosts Backlog With New Contract Win From ZPC in China
ZACKS· 2024-09-10 17:01
KBR, Inc.’s (KBR) ROSE supercritical Solvent De-Asphalting technology has been chosen by Zhejiang Petroleum & Chemical Co. Ltd. (“ZPC”), a subsidiary of Rongsheng Petrochemical Co. Ltd. in China.Per the contract, KBR will be offering technology licensing and proprietary engineering design to ZPC, intended to upgrade the latter’s residue conversion for higher profitability and operational sustainability.KBR’s ROSE is an innovative supercritical extraction technology designed for safe start-up and reliable pe ...
KBR Expands Support of Australia's Critical Submarine Rotational Program, Progressing Pathway for AUKUS
Prnewswire· 2024-09-10 10:00
HOUSTON, Sept. 10, 2024 /PRNewswire/ -- KBR (NYSE: KBR) today announced that it has been awarded a contract to continue to deliver technical design services at HMAS Stirling by the Security and Estate Group and the Australian Submarine Agency. This work will support the sovereign nuclear-powered submarines facilities and infrastructure program, enabling the Submarine Rotational Force (SRF) – West, and accelerating Australia's ability to safely own, operate, maintain and sustain its own future nuclear powere ...
KBR's Market-Leading ROSE Technology Selected by Zhejiang Petroleum for the Largest SDA Unit in China
Prnewswire· 2024-09-09 10:00
HOUSTON, Sept. 9, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it has been awarded a contract for its ROSE® supercritical Solvent De-Asphalting (SDA) technology from Zhejiang Petroleum & Chemical Co. Ltd. (ZPC), a subsidiary of Rongsheng Petrochemical Co. Ltd. in China.Under the terms of the contract, KBR will provide technology licensing and proprietary engineering design to ZPC, the operator of China's largest refinery."We are looking forward to working with ZPC on this unit, which will be th ...
KBR Wins Engineering Deal for Petrobras' Atapu & Sepia Fields
ZACKS· 2024-09-06 18:41
KBR, Inc. (KBR) has been chosen by the Seatrium Group to develop topsides facilities for two floating production storage and offloading (FPSO) units for Petrobras' Atapu and Sepia fields in the Santos Basin, Brazil.These new high-production, energy-efficient units — P-84 and P-85 — are part of Petrobras' latest generation of FPSO platforms, designed for high production capacity and energy efficiency. Each FPSO will be able to produce 225,000 barrels of oil per day and handle 10 Mm³ of gas daily, in line wit ...
KBR Wins Key Engineering Contracts for Seatrium's FPSO Projects in Brazil
Prnewswire· 2024-09-05 10:00
HOUSTON, Sept. 5, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded engineering contracts by Seatrium Group to develop topsides facilities for two new high-production, energy-efficient floating production storage and offloading (FPSO) units. The units are being designed for Petrobras' Atapu and Sepia fields in the Santos Basin, Brazil.Under the terms of the contracts, KBR will provide Seatrium with detailed engineering services and technical engineering procurement support for the top ...
KBR Completes LinQuest Acquisition, Expanding Digital, National Security Space and Intelligence Capabilities
Prnewswire· 2024-09-03 10:00
HOUSTON, Sept. 3, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has completed the acquisition of LinQuest Corporation, a leading provider of advanced engineering, data analytics and digital integration with a strong history of solving complex technical challenges for national security space missions.The acquisition strengthens KBR's capabilities across space, air dominance and connected battlespace missions. LinQuest also has a heritage of serving important U.S. government customers including the ...
KBR (KBR) Up 0.1% Since Last Earnings Report: Can It Continue?
ZACKS· 2024-08-23 16:37
A month has gone by since the last earnings report for KBR Inc. (KBR) . Shares have added about 0.1% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is KBR due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. KBR Q2 Earnings Beat, Revenues Miss, Adjusted EBITDA UpKBR re ...
KBR Secures $199M Contract, Boosts DoD Digital Capabilities
ZACKS· 2024-08-21 17:55
KBR, Inc. (KBR) has secured a significant contract worth an estimated $199 million to enhance the Department of Defense's (DoD) digital infrastructure. Awarded under the Department of Defense Information Analysis Center's (DoDIAC) multiple-award contract (MAC) vehicle, this five-year project focuses on advancing the Naval Information Warfare Center Pacific Program Executive Office Digital and Enterprise Services (PEO Digital) Technical Director's Office.The contract highlights KBR's critical role in transfo ...
KBR Continues to Support US Navy at NRL With SSIEP 3 Contract
ZACKS· 2024-08-20 17:06
KBR, Inc. (KBR) has been chosen by the U.S. Navy to develop space science instrument systems at the Naval Research Lab (NRL) in Washington, D.C. KBR has received a Space Science Instruments and Experimental Payloads (SSIEP) 3 contract, which is a follow-on contract of SSIEP 1 and 2 (received in 2015).Per this cost-plus-fixed-fee contract, KBR will provide personnel, equipment and facilities to support engineering and research activities for the Navy's Space Science Division. KBR’s focus will be on the desig ...