KBR (KBR) Company Overview

KBR (KBR) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.

HOUSTON, Feb. 3, 2025 /PRNewswire/ -- KBR (NYSE: KBR) has announced that it will take part in several investor conferences in February 2025. At the TD Cowen 46th Annual Aerospace and Defense Conference, Mark Sopp, Executive Vice President & Chief Financial Officer, along with Jamie DuBray, Vice President of Investor Relations, will engage in a fireside chat on Wednesday, February 12, 2025, at 11:30 a.m.

HOUSTON, Jan. 30, 2025 /PRNewswire/ -- KBR (NYSE: KBR) has announced that it has received a contract from Weardale Lithium Limited to develop one of the most advanced lithium brine extraction demonstration facilities in Eastgate, County Durham, UK. As part of this agreement, KBR will offer technology licensing and specialized engineering design for the plant, which aims to reach a commercial production goal of 10,000 tons per year in the near future.

HOUSTON, Jan. 27, 2025 /PRNewswire/ -- KBR (NYSE: KBR) has announced that it received a new task order from the U.S. Department of State to offer medical support services in Iraq. This task order, called Medical Support Services Iraq (MedSSI), has a maximum value of $187 million and is part of the Diplomatic Platform Support Services (DiPSS) contract.

KBR has signed a new contract with Saudi Aramco to improve sustainable energy options. This partnership focuses on developing better energy solutions that are environmentally friendly.

HOUSTON, Jan. 22, 2025 /PRNewswire/ -- KBR (NYSE: KBR) has announced that it has received a contract to assist in the sustainable production of energy resources in Saudi Arabia. This contract will help with Saudi Aramco's Master Expansion Program and aims to boost gas handling capacity in important regional areas. KBR will work until 2028 to enhance and maintain the maximum sustainable capacity at the Shaybah field's four Gas-Oil Separation Plants (GOSPs) and related facilities, supporting the Kingdom's future energy needs.

Irenic Capital Management, an activist investor, holds a share in the government contractor KBR.

KBR, Inc. is expected to see strong earnings growth, but there are some uncertainties due to an activist investor and possible cuts in government spending. The company, which offers government and sustainable technology solutions, has a backlog of $22.1 billion and solid financial performance. Activist investor Irenic Capital might advocate for a split, but the current setup seems better for increasing shareholder value.

BP has signed a three-year global deal with KBR for engineering and EPCM services, strengthening their long-standing partnership and shared goals in the energy sector.