Core Insights - KBR has been awarded a cost-plus-fixed-fee contract valued at $149 million under the ADEDDIS program to enhance systems and operator readiness at Eglin Air Force Base [1] - The contract will enable KBR to provide advanced analytics, decision support, digital transformation solutions, and software development to streamline military capabilities [2] - The work will be conducted over a seven-year period, focusing on modeling, simulation, and advanced digital solutions to expedite armament development for the Air Force [3] Company Commitment - KBR's President and CEO emphasized that this contract marks a significant advancement in the company's digital transformation capabilities within defense systems [4] - The company has a long-standing presence in the Eglin Air Force Base community, contributing to mission readiness through innovative digital solutions and engineering expertise [4] - KBR's ongoing initiatives include test data analysis and the execution of the Test Resource Management Center's Test & Training Enabling Architecture, which supports advanced systems development [4] Company Overview - KBR provides science, technology, and engineering solutions globally, employing approximately 37,000 people and serving customers in over 80 countries [5] - The company focuses on delivering technology, value-added services, and long-term operations and maintenance services to ensure consistent and predictable results [5]

FY25 Performance - Revenues reached $14.4 billion, a 4% year-over-year increase[10] - Adjusted EBITDA was $1,104 million, up 5% year-over-year[10] - Adjusted Diluted EPS increased by 11% year-over-year to $2.22[10] - Free Cash Flow amounted to $516 million[10] - The company's Backlog was $47.1 billion with a Book-to-Bill ratio of 1.2x[10] Q4 FY25 Highlights - The company achieved a robust Q4 book-to-bill ratio of 1.6x[9] - Secured a Space Force Range Contract worth $4 billion over ten years[15] - Awarded nuclear services totaling over $1.8 billion over 15 years for Sellafield Decommissioning and Nuclear Waste Partners[16] - NASA awarded Ascend Aerospace & Technology, a joint venture in which Amentum is a partner, a new nine-year $1.8 billion contract to support flight mission operations and training[17] - Secured multiple classified intelligence contracts totaling nearly $700 million[18] FY26 Guidance - The company initiated FY26 guidance with revenue expected to be between $13.95 billion and $14.3 billion, implying underlying growth of approximately 3%[56] - Adjusted EBITDA is projected to be between $1.1 billion and $1.14 billion, representing approximately 5% underlying growth[56] - Adjusted Diluted EPS is expected to be between $2.25 and $2.45, indicating approximately 12% underlying growth[56] - Free Cash Flow is forecasted to be between $525 million and $575 million, also representing approximately 12% underlying growth[56]