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. 

HOUSTON, Sept. 30, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it will host a conference call to discuss its third quarter 2024 financial results on Wednesday, October 23, 2024, at 6:30 a.m. Central Time (7:30 a.m. Eastern Time). The company plans to issue its third quarter 2024 earnings release and earnings presentation in advance of the call. Both will be available on KBR's website.

HOUSTON, Sept. 24, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced it has been awarded an estimated $113 million task order to perform aeronautical systems research, development, test and evaluation for the Air Force Life Cycle Management Center Mobility Directorate (AFLCMC/WL) at Wright-Patterson Air Force Base, Ohio over a period of five years. KBR was awarded this contract under the Department of Defense Information Analysis Center's (DoDIAC) multiple-award contract (MAC) vehicle. These IAC MAC task orders (TOs) 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.

HOUSTON, Sept. 19, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that KTJV, a KBR and Technip Energies joint venture, has been selected by Lake Charles LNG Export Company, a subsidiary of Energy Transfer LP, for its Lake Charles LNG transformation project.

Under the terms of the agreement, KTJV will provide high-end engineering, procurement, construction management, construction, commissioning, startup and other related services, subject to Lake Charles LNG's decision to issue a notice to proceed for the project.

HOUSTON, Sept. 18, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded an estimated $230 million cost-plus-fixed-fee recompete 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. KBR will perform information systems modernization for Logistics Information Technology (LOG IT) programs supporting Naval Air Systems Command (NAVAIR), Program Executive Office for Manpower, Logistics and Business Solutions (PEO MLB) and Commander, Fleet Readiness Centers (COMFRC). The work will be primarily performed at Naval Air Station Patuxent River, Maryland and Huntsville, Alabama over a period of five years.  

HOUSTON, Sept. 16, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced it was awarded a 60-month cost-plus-fixed-fee recompete Information Analysis Center Multiple Award Contract (IAC MAC) task order with an estimated value of $140 million to provide operational safety, suitability, and effectiveness engineering tasks supporting the Air Force Life Cycle Management Center (AFLCMC).

As the U.S. Air Force's trusted partner, KBR will continue to perform research and analyses developing recommendations related to reliability, maintainability, quality, supportability, and interoperability, airworthiness, life cycle management, failure testing, and diminishing manufacturing sources and material shortages issues at Hill Air Force Base in Clearfield, Utah, and other U.S. Air Force locations.

HOUSTON, Sept. 12, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded a conceptual study contract for floating blue ammonia production from Samsung Heavy Industries (SHI), one of the world's largest shipbuilders in South Korea.

The award is part of SHI's diversification in the ocean energy business, with a focus on maritime technology. The study will utilize KBR's innovative blue ammonia technology, suitable for offshore production, and leverage SHI's expertise in the design of mega floating vessels.

HOUSTON, Sept. 10, 2024 /PRNewswire/ -- KBR (NYSE: KBR) today announced that it has been awarded a contract to continue to deliver technical design services at HMAS Stirling by the Security and Estate Group and the Australian Submarine Agency. This work will support the sovereign nuclear-powered submarines facilities and infrastructure program, enabling the Submarine Rotational Force (SRF) – West, and accelerating Australia's ability to safely own, operate, maintain and sustain its own future nuclear powered submarine fleet.

HOUSTON, Sept. 5, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded engineering contracts by Seatrium Group to develop topsides facilities for two new high-production, energy-efficient floating production storage and offloading (FPSO) units. The units are being designed for Petrobras' Atapu and Sepia fields in the Santos Basin, Brazil.

Under the terms of the contracts, KBR will provide Seatrium with detailed engineering services and technical engineering procurement support for the topsides of P-84 and P-85 FPSOs, which are part of Petrobras' new generation of FPSO platforms. These platforms are known for their high production capacity and sustainable practices. Each will be capable of producing 225,000 barrels of oil per day and compressing, treating, and re-injecting 10 Mm³ of gas per day.

HOUSTON, Sept. 3, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has completed the acquisition of LinQuest Corporation, a leading provider of advanced engineering, data analytics and digital integration with a strong history of solving complex technical challenges for national security space missions.

The acquisition strengthens KBR's capabilities across space, air dominance and connected battlespace missions. LinQuest also has a heritage of serving important U.S. government customers including the U.S. Space Force, U.S. Air Force and other U.S. Department of Defense and intelligence agencies. 

HOUSTON, Aug. 21, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that its Board of Directors has declared a regular quarterly dividend of $0.15 per share on the company's common stock, par value $0.001 per share, to be paid on October 15, 2024, to stockholders of record on September 16, 2024.

About KBR

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 36,000 people worldwide with customers in more than 80 countries and operations in over 30 countries.

HOUSTON, Aug. 20, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced it has been awarded an estimated $199 million cost-plus-fixed-fee contract supporting the Naval Information Warfare Center Pacific Program Executive Office Digital and Enterprise Services (PEO Digital) Technical Director's Office. KBR was awarded this contract under the Department of Defense Information Analysis Center's (DoDIAC) multiple-award contract (MAC) vehicle. These 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. The work will be performed over a five-year period in Charleston, South Carolina and San Diego, California. 

HOUSTON, Aug. 19, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded a cost-plus-fixed-fee contract by the U.S. Navy for continued development of space science instrument systems at the Naval Research Lab (NRL) in Washington, D.C.

Under the terms of the Space Science Instruments and Experimental Payloads (SSIEP) 3 contract, KBR will provide personnel, equipment and facilities to support engineering and research activities for the Navy's Space Science Division. Their focus will be on the design, development, analysis, fabrication, inspection, assembly, integration, testing, and documentation of sophisticated space science instruments and experimental payloads.

HOUSTON, Aug. 12, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today the appointment of Nchacha E. Etta to its Board of Directors effective August 12, 2024.

Nchacha E. Etta is executive vice president and chief financial officer of Omnicell, Inc., a multinational healthcare technology company. His breadth of finance and accounting experience stems from leading and working in global finance organizations across the healthcare and consumer products industries for more than 20 years. Prior to joining Omnicell, Mr. Etta served as senior vice president and chief financial officer for Essilor of America, Inc., a subsidiary of EssilorLuxottica SA. Before that role, Mr. Etta served as the worldwide vice president and chief financial officer of Johnson & Johnson Vision from 2015 to 2019, and for the previous nine years, he held various senior finance roles at The Coca-Cola Company. Earlier in his career, Mr. Etta worked at Microsoft Corporation, Eli Lilly & Company, The Carlyle Group, and Orano Cycle. Mr. Etta holds a Bachelor of Science degree in Accounting from George Mason University, and a Master of Business Administration degree in Finance from Howard University.

Strong 2Q and 1H 2024 PerformanceRaising Profit and Cash Flow GuidanceAnticipated LinQuest Acquisition Accelerates Strategy

HOUSTON, July 24, 2024 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) today announced its second quarter fiscal 2024 financial results.

"I am pleased to announce another fantastic quarter in which KBR continues to drive operational excellence and deliver outstanding results for customers. The focus, agility and commitment of our people have the business performing well across our key metrics. We expect this to continue for the rest of the year and thus are raising profit and cash flow guidance," said Stuart Bradie, KBR President and CEO.