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KBR, Inc. (KBR) Shares Sharply Declined Amid TRANSCOM Contract Termination- Hagens Berman
Prnewswire· 2025-07-07 13:25
KBR Investors with Losses Encouraged to Contact Hagens BermanSAN FRANCISCO , July 7, 2025 /PRNewswire/ -- On June 20, 2025 investors in KBR, Inc. (NYSE: KBR) saw the price of their shares decline over 7% after the company announced that the Department of Defense U.S. Transportation Command ("TRANSCOM") cancelled its global household goods contract ("contract") awarded to HomeSafe Alliance LLC, a KBR led joint venture.This announcement has prompted national shareholders rights firm Hagens Berman to open an i ...
KBR, Inc. (KBR) Shares Sharply Declined Amid TRANSCOM Contract Termination– Hagens Berman
GlobeNewswire News Room· 2025-07-01 20:19
SAN FRANCISCO, July 01, 2025 (GLOBE NEWSWIRE) -- On June 20, 2025 investors in KBR, Inc. (NYSE: KBR) saw the price of their shares decline over 7% after the company announced that the Department of Defense U.S. Transportation Command (“TRANSCOM”) cancelled its global household goods contract (“contract”) awarded to HomeSafe Alliance LLC, a KBR led joint venture. This announcement has prompted national shareholders rights firm Hagens Berman to open an investigation into whether KBR may have violated the secu ...
V2X Inc. (VVX) Financial and Strategic SWOT Analysis Review 2025: Insights Into Business Operations, Strategies, and Market Positioning
GlobeNewswire News Room· 2025-07-01 08:39
Dublin, July 01, 2025 (GLOBE NEWSWIRE) -- "V2X Inc (VVX) - Financial and Strategic SWOT Analysis Review"has been added to ResearchAndMarkets.com's offering. The review provides you an in-depth strategic SWOT analysis of the company's businesses and operations. The profile has been compiled by the analyst to bring to you a clear and an unbiased view of the company's key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business ...
GDIT Awarded Task Order to Enhance Security and Readiness of U.S. Army Bases
Prnewswire· 2025-06-26 17:00
Company will sustain force protection systems across the globeFALLS CHURCH, Va., June 26, 2025 /PRNewswire/ -- General Dynamics Information Technology (GDIT), a business unit of General Dynamics (NYSE: GD), announced today that it was awarded a $580 million Integrated Base Defense Sustainment Support task order to continue enhancing the security and readiness of U.S. Army bases. The task order, awarded in May, includes a one-year base period and four option years. GDIT Awarded Task Order to Enhance Secu ...
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]
Jacobs Solutions (J) - 2025 FY - Earnings Call Transcript
2025-05-28 19:30
Financial Data and Key Metrics Changes - The company has grown margins by almost 400 basis points from 2018 to now and is on track to increase its margin profile by another 300 basis points over the next four years [22][23] - The company reaffirmed a revenue growth of 5% to 7% for Q3 and expects a margin profile of approximately 14% [75][76] Business Line Data and Key Metrics Changes - The advanced facilities and advanced manufacturing sectors, which include life sciences and semiconductor industries, represent about 25% of the company's business [40] - The industrial water space is at an inflection point, with significant growth potential due to increasing water scarcity and the need for treatment systems [47] Market Data and Key Metrics Changes - The private sector continues to move forward with capital projects, particularly in life sciences and chip manufacturing, despite uncertainties like tariffs [30][31] - State and local governments have not paused projects, continuing to utilize appropriated funds [33] - The federal sector, which represents about 9% of the business, has seen some pausing but is now starting to resume projects [34][35] Company Strategy and Development Direction - The company has redefined its asset life cycle approach, engaging earlier in clients' business to optimize capital and enhance project outcomes [17][18] - The company aims to increase its global delivery model from 10% of overall delivery to potentially doubling it in the next three to five years [49][50] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the pipeline for the pharma sector, driven by advancements in AI for drug discovery, which allows for faster R&D processes [68][69] - The company is optimistic about the future, citing strong secular tailwinds across various markets, including water, environmental, and advanced facilities [12][13] Other Important Information - The company has a diverse project portfolio with 29,000 engagements, reducing exposure to any single client [79] - The company is focusing on enhancing its tech platforms to improve efficiency and develop unique solutions for clients [82][83] Q&A Session Summary Question: How are customers responding to the current economic environment? - Management noted that private sector clients are moving forward with capital projects, while state and local governments continue to utilize appropriated funds without pausing projects [30][33] Question: What is the company's strategy regarding the global delivery model? - The company aims to increase its global delivery model from 10% to potentially doubling it in the next three to five years, emphasizing the importance of trust built over decades with clients [49][51] Question: How does the company plan to balance M&A, buybacks, and dividends? - Management indicated that in the near term, M&A is not a focus, and the company plans to continue returning a significant portion of free cash flow to shareholders while reinvesting in itself [86]
V2X Delivers First Quarter Results and Reaffirms Full-Year Guidance
Prnewswire· 2025-05-05 20:05
First Quarter Highlights Revenue of $1.02 billion with +10% y/y growth in Indo-Pacific region Net income of $8.1 million; Adjusted net income1 of $31.5 million, up 10% y/y Adjusted EBITDA1 of $67.0 million, with a margin of 6.6% Diluted EPS of $0.25; Adjusted diluted EPS1 of $0.98, up 9% y/y Enhanced capital structure to generate interest expense savings and cash flow Notable progress on new Foreign Military and International Sales opportunitiesRESTON, Va., May 5, 2025 /PRNewswire/ -- V2X, Inc. (NYSE:VVX) a ...
V2X Wins $100M Contract to Strengthen Missile Defense in Poland and Advance Transatlantic Security
Prnewswire· 2025-03-11 12:27
RESTON, Va., March 11, 2025 /PRNewswire/ -- V2X, Inc. (NYSE: VVX) was awarded a new $100 million contract to support the U.S. Navy's Aegis Ashore facilities in Poland. These facilities are a crucial component of NATO's missile defense system, designed to detect, track, and intercept ballistic missiles in flight. As a key element in transatlantic security, this site strengthens NATO's defense against the increasing threat of ballistic missiles. "This contract underscores our commitment to high-consequence mi ...