KBR Stock Recent News

KBR's new contract with Saudi Aramco aims to enhance sustainable energy solutions.

HOUSTON , Jan. 22, 2025 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded a contract to support sustainable production of energy resources in Saudi Arabia by contributing to the delivery of Saudi Aramco's Master Expansion Program and increasing gas handling capacity at key regional locations. Under the contract, running through to 2028, KBR will support work to increase and maintain maximum sustainable capacity across the Shaybah field's four Gas-Oil Separation Plants (GOSPs), as well as power plant and well injection facilities – helping support the Kingdom's future energy requirements.

Activist Irenic Capital Management has a stake in government contractor KBR.

KBR, Inc. is poised for robust earnings growth. However, there is uncertainty because of an activist investor and potential government spending cuts. The company, which provides government and sustainable technology solutions, boasts a $22.1 billion backlog and strong financial metrics. Activist investor Irenic Capital may push for a split, but the current configuration appears more favorable for shareholder value.

KBR's new contract with BP enhances its global energy footprint.

BP signs a three-year global agreement with KBR for engineering and EPCM services, reinforcing their decades-long partnership and global energy ambitions.

HOUSTON , Jan. 13, 2025 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded a global agreement by BP International Limited (bp) for engineering, procurement and construction management (EPCM) services. Under the terms of the contract, KBR will provide EPCM for onshore, offshore, greenfield and brownfield conventional energy projects and new energy sector projects worldwide for three years, with an option to extend for two additional years.

HOUSTON , Jan. 13, 2025 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it will host a conference call to discuss its fourth quarter and fiscal 2024 financial results on Monday, February 24, 2025, at 3:00 p.m. Central Time (4:00 p.m.

Realigned segments to support continued growth and profitability; Government Solutions segment renamed Mission Technology Solutions Stuart Bradie, President and Chief Executive Officer, appointed Chair Elect and Byron Bright, President, Government Solutions U.S., named Chief Operating Officer, effective May 2025 Reiterating 2027 financial targets Hosting a webcast to discuss these updates on January 8, 2025, at 8:30 a.m. EST HOUSTON , Jan. 7, 2025 /PRNewswire/ -- KBR (NYSE: KBR) today announced segment reporting updates and executive appointments focused on advancing the Company's strategic direction.

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