KBR (KBR) Stock News

KBR (NYSE: KBR) has been awarded a contract by KMG-Aero, a subsidiary of NC KazMunayGas, and KazFoodProducts (KFP) to supply its proprietary PureSAF® technology and engineering design for Kazakhstan’s first sustainable aviation fuel (SAF) plant. The facility will use an alcohol-to-jet process, utilize domestic agricultural feedstocks, and support Kazakhstan’s strategy to become an international aviation hub and reduce greenhouse gas emissions.

KBR (NYSE: KBR) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.165 per share on its common stock. The dividend is scheduled to be paid on October 15, 2026 to shareholders of record as of September 15, 2026.

KBR (NYSE: KBR) reported that its Mission Technology Solutions business, which is planned to become Trinzic after a spin-off, has secured a NATO recompete time-and-materials contract with an initial ceiling of $60 million to support the PATRIOT air and missile defense system and integration with the Integrated Battle Command System. The five-year effort will provide next-generation command-and-control capabilities and sustainment across multiple combatant commands, with work at Redstone Arsenal, Huntsville, and Letterkenny Army Depot, as well as other global sites under the NATO Support and Procurement Agency. KBR added that Trinzic is expected to launch in January 2027 with more than $5 billion in annual revenue, 18,000 employees and a global footprint.

KBR (NYSE: KBR) has been selected by ORNX Green Hydrogen to provide technology licensing and pre-front-end engineering design (Pre-FEED) services for a world-scale, low-cost ammonia project planned in the Laâyoune region of Morocco, supported by funding from the U.S. Trade and Development Agency (USTDA). The project is expected to use about 900 MW of electrolyzer capacity to produce approximately 560,000 metric tons per year of low-cost ammonia, integrating power generation, hydrogen production and ammonia synthesis. According to KBR, the project aims to leverage Morocco’s renewable resources and port access to supply low-carbon ammonia to global markets and support the country’s renewable energy and hydrogen objectives.

KBR (NYSE: KBR) reported that Trinzic, the planned spin-off of its Mission Technology Solutions business, has received an estimated $208 million cost-plus-fixed-fee task order to continue supporting the U.S. Army’s Tactical Aviation and Ground Munitions (TAGM) portfolio. The recompete runs for five years under the OASIS+ contract vehicle and maintains KBR’s role as prime contractor on a key precision-strike program.

Trinzic will provide lifecycle support from engineering and rapid prototyping to logistics and foreign military sales for TAGM weapon systems such as HELLFIRE, JAGM, Javelin, TOW, Hydra Rockets and Long-Range Precision Munitions. The Mission Technology Solutions spin-off is expected to launch in January 2027 with over $5 billion in annual revenue and 18,000 employees.

KBR (NYSE: KBR) reported second quarter fiscal 2026 revenues of $2.0 billion, up 2% year over year, with net income attributable to KBR of $96 million, up 32%. Operating income was $172 million, down 11%, and operating margin was 8.7%. Adjusted EBITDA was $258 million, up 7%, with a 13.0% margin. Diluted EPS attributable to KBR rose 34% to $0.75, while adjusted EPS increased 9% to $0.99. Bookings and options were $1.8 billion, yielding a 1.1x book‑to‑bill; backlog and options ended the quarter at $23.0 billion.

By segment, Mission Technology Solutions revenues were $1.3 billion (down 2%) with adjusted EBITDA of $158 million (up 16%) and book‑to‑bill of 0.8x. Sustainable Technology Solutions revenues were $676 million (up 10%) with adjusted EBITDA of $123 million (down 8%) and book‑to‑bill of 1.5x, driving record $5.5 billion backlog. Liquidity totaled about $0.9 billion and net leverage was 2.3x. KBR reaffirmed its 2026 guidance, including revenues of $7.90–$8.36 billion, adjusted EBITDA of $980–$1,040 million, and adjusted EPS of $3.87–$4.22. The company continues to advance the planned spin‑off of Mission Technology Solutions, branded Trinzic, targeting completion on January 4, 2027, subject to board approval and customary conditions.

KBR (NYSE: KBR) announced that its planned spun-off Mission Technology Solutions business will operate as an independent public company under the new name Trinzic, with a new logo and the tagline “The Bold. Connected.™”. The spin-off is currently expected to be completed in January 2027, in a transaction intended to be tax-free for KBR and its shareholders for U.S. federal income tax purposes, subject to customary conditions and approvals.

KBR confirmed that Michael LaRouche will serve as President and CEO and Nicholas Veasey as Executive Vice President and CFO of Trinzic at the time of the separation. Following the spin-off, KBR’s Sustainable Technology Solutions business will remain under the KBR name.

KBR (NYSE: KBR) has been selected by Power2X as project management consultant (PMC) for an eFuels project in Rotterdam, described as one of Europe’s largest synthetic sustainable aviation fuel (eSAF) initiatives. KBR will provide PMC services across FEED and execution, covering cost, schedule, quality and safety.

The project is expected to produce over 250,000 tons of e-SAF per year, targeted to meet nearly 40% of the ReFuelEU Aviation Regulation eSAF production mandated in its first phase (2030–2032). According to KBR, this represents a key investment in the Rotterdam petrochemical sector and supports Europe’s clean aviation and decarbonization goals.

KBR (NYSE: KBR) reported that its Purifier® ammonia technology has been selected for Pampa Energía’s new ammonia-urea complex in Bahía Blanca, Argentina. KBR will supply technology licensing, a basic engineering design package and proprietary equipment for a 3,430 tons-per-day ammonia plant expected to start operations by late 2029.

According to KBR, the complex will feature the largest single-train ammonia plant in Latin America and will act as a key regional production hub supporting fertilizer and food security needs.