HOUSTON, Feb. 26, 2025 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it has been awarded a contract for Project Management Consultancy (PMC) services by AMUFERT to support the development of its fertilizer plant in Soyo, Angola.

As part of this transformative $2 billion project, KBR will provide project management services overseeing engineering, procurement, and construction phases. The 2,300 metric tons per day (MTPD) ammonia and 4,000 MTPD urea facility, is designed to enhance agricultural productivity, drive economic growth through job creation, and position Angola as a leading fertilizer producer in Africa. This contract is in addition to the technology license, proprietary engineering design, equipment and catalyst solution work KBR previously announced on the same project.

Delivered Strong Financial Performance with Solid Bookings Momentum

Issues Fiscal Year 2025 Guidance for Revenues, Adj. EBITDA, Adj. EPS, and Operating Cash Flows

Fourth Quarter 2024 Highlights(All comparisons versus prior year period unless noted.)

HOUSTON, Feb. 24, 2025 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) announced today that the independent directors of the KBR Board have unanimously elected Lt. General Wendy M. Masiello as Lead Independent Director, effective as of KBR's 2025 annual meeting of stockholders to be held in May 2025.

Lt. General Masiello has served on KBR's Board of Directors since August 2017, including as the current Chair of the Cybersecurity Committee and a member of the Compensation Committee and Sustainability & Corporate Responsibility Committee. A three-star General of the U.S. Air Force, Lt. General Masiello brings a wealth of relevant experience and a deep understanding of KBR's strategic vision and operations.

HOUSTON, Feb. 20, 2025 /PRNewswire/ -- KBR (NYSE: KBR) announced today that its Board of Directors has declared a regular quarterly dividend of $0.165 per share on the company's common stock, par value $0.001 per share, to be paid on April 15, 2025, to stockholders of record on March 14, 2025.

About KBR

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 37,000 people worldwide with customers in more than 80 countries and operations in over 30 countries.

HOUSTON, Feb. 3, 2025 /PRNewswire/ -- KBR (NYSE: KBR) announced today its participation in upcoming February 2025 investor conferences.

TD Cowen 46th Annual Aerospace and Defense Conference: Mark Sopp, Executive Vice President & Chief Financial Officer, and Jamie DuBray, Vice President of Investor Relations, will participate in a fireside chat on Wednesday, February 12, 2025, at 11:30 a.m. ET. A live webcast will be available through the Investor Relations section of KBR's website at investors.kbr.com. 

HOUSTON, Jan. 30, 2025 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded a contract by Weardale Lithium Limited for one of Europe's most advanced demonstration facilities for lithium brine extraction in Eastgate, County Durham, United Kingdom.

Under the agreement, KBR will provide technology licensing and proprietary engineering design for Weardale Lithium's plant, which will be designed to scale up to a commercial production target of 10,000 tons per annum in the coming years. The facility will produce battery-grade lithium carbonate from geothermal groundwater sourced from existing production wells.

HOUSTON, Jan. 27, 2025 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded a new time and material (T&M), cost-reimbursable task order by the U.S. Department of State to provide medical support services in Iraq. The Medical Support Services Iraq (MedSSI) task order has a $187M ceiling and falls under the Diplomatic Platform Support Services (DiPSS) contract.

Under the MedSSI task order, KBR will provide medical support services to a population of over 4,000 personnel supporting U.S. Mission Iraq. KBR will operate a Diplomatic Support Hospital and four clinics supporting the U.S. Embassy in Iraq. KBR will provide on-site primary, urgent, and initial emergency care. KBR physicians, nurse practitioners, physicians' assistants and support staff will be certified to provide general and specialty care, including surgery, orthopedics, neurology, gynecology, radiology, emergency medicine, critical care, mental health care and triage. The period of performance is five years and runs through 2029.

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.

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 licensed technology solutions, demonstrating the depth and versatility of its capabilities.

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.

HOUSTON, Jan. 7, 2025 /PRNewswire/ -- KBR (NYSE: KBR) today announced segment reporting updates and executive appointments focused on advancing the Company's strategic direction. These updates include changes previously approved by KBR's Board of Directors and disclosed in a Form 8-K filed on December 19, 2024.

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.

HOUSTON, Dec. 17, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded an estimated $88M task order contract under the Department of Defense Information Analysis Center's (DoD IAC) multiple-award contract (MAC) vehicle. These DoD IAC MAC task orders are awarded by the U.S. Air Force's 774 Enterprise Sourcing Squadron to develop and create new knowledge for the enhancement of the Defense Technical Information Center (DTIC) repository and the research and development and science and technology community. The work, primarily located at Naval Air Station Patuxent River, will take place over a period of five years.

HOUSTON, Dec. 16, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced it has been awarded an estimated $445 million cost-plus-fixed-fee contract under the Department of Defense Information Analysis Center's (DoD IAC) multiple-award contract (MAC) vehicle. These DoD IAC MAC task orders are awarded by the U.S. Air Force's 774th Enterprise Sourcing Squadron to develop and create new knowledge for the enhancement of the DTIC repository and the R&D and S&T community. This recompete for the Joint Mission Environment Test Capability (JMETC) program supports the Office of the Secretary of Defense's Test Resource Management Center (TRMC). The work will be performed over a period of five years across multiple DoD locations.

HOUSTON, Nov. 22, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it has signed an agreement with AMUFERT for the development of a new ammonia plant in Soyo, Angola.

Under the terms of the contract, KBR will provide a technology license, proprietary engineering design, equipment and catalyst solutions for AMUFERT's 2,300 metric tons per day ammonia plant. Leveraging KBR's proprietary technologies and expertise in ammonia, the planned facility will assist Angola and its neighboring countries move towards greater food security and self-sufficiency.

HOUSTON, Nov. 7, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it has been awarded a front-end engineering design (FEED) contract for the expansion of the Qalhat LNG complex in Sur, Oman. This project represents a significant step in Oman's efforts to meet rising global energy demands, while prioritizing sustainable and efficient operations.

Under the FEED contract, KBR will provide engineering services for the complex's fourth LNG train, which will have a capacity of 3.8 million tons per annum. The project will involve the addition or expansion of utilities, an LNG tank, the jetty, and associated infrastructure.

HOUSTON, Oct. 28, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced it raised $1.3 million for deserving charities and community groups at its 18th annual charity golf tournament. The Kingwood Country Club in Kingwood, Texas, was once again the backdrop for the event, held this year on Monday, October 21, and hosted by KBR's early career professionals' group IMPACT.

"At KBR, we do things that matter, not only through the work we do with our clients but also through our active community engagement and support," said KBR President and CEO Stuart Bradie. "The KBR Charity Golf Tournament is a shining example of our commitment to being a positive force of change in our communities. It is an honor to once again support these fantastic organizations that do so much in health care, public safety education, environmental sustainability, and other areas. My thanks to them for their vital work and also to all our tournament volunteers and staff who made the event a success."

Outstanding 3Q Performance

Strong Bookings Momentum

Raising Guidance on Revenue, Adj. EBITDA2 & Adj. EPS2

HOUSTON, Oct. 23, 2024 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) today announced its third quarter fiscal 2024 financial results.

"KBR's exceptional team has once again exceeded expectations with outstanding third-quarter results," stated Stuart Bradie, KBR's President and CEO. "Our team's dedication to our customers has resulted in year-over-year growth across all financial metrics, including Revenues, Adjusted EBITDA2, Adjusted EPS2, and notably, Operating Cash Flows. The bookings and awards this quarter align well with our focus areas of energy security and transition, national defense, and sustainability, and bolster our confidence for the rest of 2024 and heading into 2025."

HOUSTON, Oct. 22, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today the release of its 2023 Sustainability and Corporate Responsibility Report, which detailed continued sustainability progress across its operations and through its delivery of sustainability-focused solutions.

"A large part of our culture at KBR is 'walking the talk' and this includes our commitment to sustainability. This report is a testament to the commitment of our people to doing things that matter — delivering solutions that are helping create a safer, more secure and sustainable world — and doing those things ethically," said KBR President and CEO Stuart Bradie. "The report also highlights KBR's focus on putting people first. Whether it's our leading safety performance, our strong community engagement, or our efforts to create environments where our employees can thrive, people are always at the heart of everything we do, including progressing on our sustainability journey."

HOUSTON, Oct. 14, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded an engineering and procurement services contract for the Beachfield Manatee upgrade, the onshore portion of the Manatee gas field project.

Under the terms of the contract, KBR will provide engineering and procurement services for Shell's Manatee project located in the East Coast Marine Area of Trinidad and Tobago. The Manatee gas field supports global energy security and natural gas production, providing gas for the country's Atlantic LNG facility.