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KBR Wins Global EPCM Contract With BP, Strengthens Ties, Stock Up
ZACKS· 2025-01-15 00:21
KBR, Inc. (KBR) has secured a significant global agreement with BP International Limited to provide engineering, procurement, and construction management (EPCM) services. This three-year agreement, with an option for a two-year extension, covers conventional and new energy projects worldwide, enhancing KBR’s position as a versatile and trusted partner in the energy sector.Shares of KBR gained 1.6% during the trading session yesterday.The contract involves KBR supporting both onshore and offshore projects, s ...
BP Expands 70-Year Partnership With KBR in Global Energy Deal
ZACKS· 2025-01-14 20:42
BP plc (BP) has solidified its 70-year collaboration with United States-based KBR, Inc. (KBR) through a new global agreement that spans BP’s onshore, offshore, greenfield and brownfield conventional energy projects as well as its new energy initiatives. This partnership highlights the company’s commitment to leveraging KBR’s proven expertise to deliver cutting-edge energy solutions.Under the three-year deal, KBR will provide engineering, procurement and construction management (EPCM) services across BP’s gl ...
KBR Awarded Global Agreement by BP for Engineering, Procurement and Construction Management Services
Prnewswire· 2025-01-13 19:30
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. Additionally, KBR provides bp with market-leading lic ...
KBR, Inc. to Hold Fourth Quarter and FY 2024 Earnings Conference Call
Prnewswire· 2025-01-13 19:00
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. Eastern Time). The company plans to issue its fourth quarter 2024 earnings release and earnings presentation in advance of the call. Both will be available on KBR's website.The conference call will be webcast simultaneously through the Investor Relations section of KBR's we ...
KBR Announces Segment Realignment and Executive Appointments in Support of Advancing Strategy
Prnewswire· 2025-01-08 05:10
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 rep ...
3 GARP Stocks That Investors Can Scoop Up for Maximum Returns
ZACKS· 2025-01-03 22:35
Growth at a reasonable price, or GARP, is an excellent strategy to earn quick investment profits. The GARP approach helps identify stocks priced below the market or any suitable target determined by a fundamental analysis.The strategy helps investors gain exposure to stocks with impressive prospects and trading at a discount. GARP stocks have solid prospects in terms of cash flow, revenues earnings per share (EPS) and other metrics.A portfolio based on the GARP strategy comprises stocks that offer the best ...
KBR's New Contract Win in Kazakhstan Boosts Its Backlog Growth
ZACKS· 2024-12-20 03:21
KBR, Inc.’s (KBR) innovation initiatives in its ammonia technology are attracting demand from across the globe. The trend is substantiated by the company’s recent win in Kazakhstan.The company’s ammonia technology has been selected by KazAzot for its 2,000 metric tons per day ammonia plant, which is to be built in Aktau, Kazakhstan. By implementing this project, KazAzot will be addressing the food security requirements of Kazakhstan and other neighboring countries.For the development of Kazakhstan’s first g ...
KBR Secures $88M Contract for Unmanned Systems Integration
ZACKS· 2024-12-18 22:21
KBR, Inc. (KBR) has secured an $88 million task order contract under the Department of Defense Information Analysis Center’s multiple-award contract vehicle. The U.S. Air Force’s 774 Enterprise Sourcing Squadron awarded the contract to enhance the Defense Technical Information Center (DTIC) repository. This five-year project will primarily be carried out at Naval Air Station Patuxent River.KBR will focus on the rapid prototyping of new technologies for unmanned aviation platforms, testing them in realistic ...
KBR's Market-Leading Ammonia Technology Selected by KazAzot, Kazakhstan
Prnewswire· 2024-12-18 19:00
HOUSTON, Dec. 18, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that its ammonia technology has been selected by KazAzot for Kazakhstan's first world-scale fertilizer complex.KBR will provide a technology license, proprietary engineering design, equipment, and catalyst solutions for KazAzot's 2,000 metric tons per day ammonia plant to be built in Aktau. Through implementation of this project, KazAzot will address the food security needs of Kazakhstan and other neighboring countries."We are excited to ...
KBR Secures $445M DoD Contract to Boost Test Infrastructure
ZACKS· 2024-12-17 23:25
KBR, Inc. (KBR) has secured a significant win with a $445 million cost-plus-fixed-fee contract under the Department of Defense Information Analysis Center’s multiple-award contract vehicle. This award underscores KBR’s long-standing partnership with the U.S. military and its expertise in advancing defense capabilities.The contract, spanning five years, supports the Joint Mission Environment Test Capability (JMETC) program, which plays a pivotal role in the Test Resource Management Center under the Office of ...