HOUSTON, Aug. 6, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that Avina Clean Hydrogen Inc. has selected the sustainable aviation fuel technology, PureSAF℠, for its project in the US. Developed by Swedish Biofuels, PureSAF technology is exclusively licensed by KBR worldwide.Under the terms of the contract, KBR will provide the technology licensing, proprietary engineering design, and front-end engineering design (FEED) for Avina's facility to produce 120 million gallons of sustainable aviation fuel ...

HOUSTON, Aug. 5, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced it has been awarded an estimated $153 million cost plus fixed fee recompete contract to support Naval Test Wings Atlantic and Pacific Aircrew Services over a five-year period. The work will be performed primarily at Naval Air Station (NAS) Patuxent River, Maryland, but also at NAS Pt. Mugu, California, and NAS China Lake, California. Under the terms of the contract, KBR will provide aircrew services, engineering technical services, independent ...

blackred Investment Thesis KBR, Inc. (NYSE:KBR) has good growth prospects ahead. The company is experiencing secular demand drivers within both of its segments. The Sustainable Technology Solution segment is seeing secular trends from ammonia, decarbonization, energy security, and energy transition. The Government Solution segment is seeing secular trends from favorable national security, space, and Cybersecurity end markets. These secular demand tailwinds should support the company’s revenue growth mov ...

HOUSTON, July 29, 2024 /PRNewswire/ -- KBR (NYSE: KBR) was selected as NASA's Agency-Level Large Business Prime Contractor of the Year. This highly sought-after honor is part of NASA's 2023 Small Business Industry Awards and builds upon KBR's 2023 SBIA large business center-level awards at both Goddard Space Flight Center (GSFC) and Johnson Space Center.The award, presented by the NASA Office of Small Business Programs (OSBP), recognizes outstanding efforts in developing and implementing innovative practice ...

When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate rev ...

KBR, Inc. (NYSE:KBR) Q2 2024 Earnings Conference Call July 24, 2024 8:30 AM ET Company Participants Jamie DuBray - VP, IR Stuart Bradie - President and CEO Mark Sopp - CFO Conference Call Participants Tobey Sommer - Truist Michael Dudas - Vertical Research Bert Subin - Stifel Brent Thielman - D.A. Davidson Steven Fisher - UBS Samantha Stiroh - Bank of America Andy Kaplowitz - Citigroup Sangita Jain - KeyBanc Capital Markets Gautam Khanna - TD Cowen Operator Good morning, everyone. Welcome to KBR’s Second Q ...

KBR, Inc. (KBR) reported mixed second-quarter 2024 results, with earnings surpassing the Zacks Consensus Estimate and revenues missing the same. The top and the bottom line increased on a year-over-year basis.The company performed well across key metrics and expects this trend to continue for the rest of the year. Driven by robust performance in its core business, KBR raised its adjusted EBITDA and cash flow guidance for 2024.However, KBR's stock experienced a 0.9% decline in the pre-market trading session ...

For the quarter ended June 2024, KBR Inc. (KBR) reported revenue of $1.86 billion, up 5.8% over the same period last year. EPS came in at $0.83, compared to $0.74 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.88 billion, representing a surprise of -1.58%. The company delivered an EPS surprise of +5.06%, with the consensus EPS estimate being $0.79.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they comp ...

1 July 24, 2024 QUARTERLY @2024 Stuart Bradie, President and CEO Mark Sopp, Executive VP and CFO Jamie DuBray, VP of Investor Relations FORWARD-LOOKING STATEMENT The statements in this presentation that are not historical statements, including statements regarding our expectations for our future financial performance, effective tax rate, operating cash flows, contract revenues, award activity and backlog, program activity, our business strategy, interest expense, our plans for raising and deploying capital ...

EXHIBIT 99.1 KBR Announces Second Quarter Fiscal 2024 Financial Results Strong 2Q and 1H 2024 Performance Raising Profit and Cash Flow Guidance Anticipated LinQuest Acquisition Accelerates Strategy HOUSTON, TX - July 24, 2024 - KBR, Inc. (NYSE: KBR) today announced its second quarter fiscal 2024 financial results. "I am pleased to announce another fantastic quarter in which KBR continues to drive operational excellence and deliver outstanding results for customers. The focus, agility and commitment of our p ...