KBR’s Mission Technology Solutions Wins $510 Million Contract to Provide Joint Data and Analytic Support Services to the Department of War

Rhea-AI Summary

KBR (NYSE: KBR) won an Indefinite Delivery/Indefinite Quantity (IDIQ) multi‑award contract with a ceiling of $510 million to provide joint data and analytic support services to the Office of the Secretary of War, Cost Assessment and Program Evaluation (OSW CAPE) Joint Data Support Division.

Work spans a five‑year timeframe, to be performed primarily at the Pentagon and Alexandria, Virginia, using FFP, Labor‑Hour and Time & Materials tasking. The award expands KBR into a new mission area supporting senior DoW analytics and decisionmaking.

Positive

• $510M IDIQ contract ceiling
• Five‑year performance period with Pentagon and Alexandria work locations
• Contract uses FFP, Labor‑Hour, and T&M task types

Negative

• None.

Argus Apr 29 session

+0.06% close to close Open Argus

Details

News Market Reaction – KBR

On Apr 29, the day this news came out, KBR closed 0.06% above the previous close.

Data tracked by StockTitan Argus for the Apr 29 session.

Market Context

This announcement adds a $510 million, five‑year IDIQ for joint data and analytics support to KBR’s ...

Analysis

This announcement adds a $510 million, five‑year IDIQ for joint data and analytics support to KBR’s Mission Technology Solutions portfolio, reinforcing its role in U.S. defense decision‑support. It follows recent transportation, AI, and space‑related wins, and comes as the company reports $7.8B in 2025 revenue and a $23.2B backlog. Investors may watch how this contract contributes to future bookings, backlog mix, and the performance of the mission‑focused segment.

Key Figures

Contract ceiling: $510 million Contract term: 5 years Revenue: $7.8B +5 more

Contract ceiling

$510 million

New DoW IDIQ joint data and analytics support contract

Contract term

5 years

Performance period for new DoW analytics contract

Revenue

$7.8B

2025 revenue from DEF 14A proxy

Net income growth

11%

2025 vs prior year from DEF 14A proxy

Adjusted EBITDA growth

12%

2025 vs prior year from DEF 14A proxy

Bookings and options

$11.1B

2025 total from DEF 14A proxy

Backlog and options

$23.2B

Year‑end 2025 from DEF 14A proxy

Capital returned

$413M

2025 buybacks and dividends from DEF 14A proxy

Historical Context

5 past events · Latest: Apr 27

5 events

1. Apr 27

   Transportation contract win

   24h Move

   +0.2%

   Won $200M five‑year BPA to support U.S. DOT Volpe Center.

2. Apr 21

   Defense AI partnership

   24h Move

   +0.7%

   Formed strategic alliance with Tagup to deploy AI in global defense logistics.

3. Apr 06

   Earnings call notice

   24h Move

   -1.1%

   Announced schedule for first‑quarter 2026 earnings release and conference call.

4. Apr 02

   NASA mission support

   24h Move

   -1.1%

   Highlighted support for NASA’s crewed Artemis II lunar flyby mission operations.

5. Mar 23

   AI investment deal

   24h Move

   +1.5%

   Made strategic investment and multi‑year AI development agreement with Applied Computing.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

indefinite delivery/indefinite quantity (idiq), firm-fixed-price (ffp), labor-hour (lh), time and materials (t&m)

4 terms

indefinite delivery/indefinite quantity (idiq) financial

"awarded a new Indefinite Delivery/Indefinite Quantity (IDIQ) multi-award contract"

An indefinite delivery/indefinite quantity (IDIQ) is a type of contract that lets a buyer commit to buy goods or services over a set period without specifying exact quantities or delivery dates up front, while setting minimums and maximums. Think of it like a grocery standing order where you agree to buy up to a certain amount but the timing and exact amounts are decided later. For investors, IDIQs matter because they can create a predictable revenue stream and backlog while leaving some uncertainty about timing and total value, affecting earnings visibility and cash flow planning.

firm-fixed-price (ffp) financial

"includes Firm-Fixed-Price (FFP), Labor-Hour (LH) and Time and Materials"

A firm-fixed-price (FFP) contract sets a single, unchanging price for goods or services regardless of the contractor’s actual costs, so the seller absorbs any cost overruns while the buyer gets price certainty. For investors, FFP deals signal predictable revenue from the buyer side but higher execution risk for the seller’s profit margin—similar to agreeing to a fixed fee for a home renovation where the contractor must cover any unexpected extra costs.

labor-hour (lh) financial

"includes Firm-Fixed-Price (FFP), Labor-Hour (LH) and Time and Materials"

A labor-hour (lh) is a unit that represents one hour of work performed by a single employee. Investors use it to track how much human effort is required to produce goods or deliver services, which helps estimate labor costs, productivity and project timelines; think of it like measuring fuel used per mile so you can compare efficiency and forecast expenses when valuing a business.

time and materials (t&m) financial

"includes Firm-Fixed-Price (FFP), Labor-Hour (LH) and Time and Materials (T&M) contract"

A time and materials (T&M) arrangement is a contracting method where a buyer pays a provider for the actual hours worked plus the cost of materials used, like paying a contractor by the hour plus parts. For investors, T&M matters because revenue and profits can vary with how many hours are needed and what materials cost, making cash flow and margin less predictable than fixed-price deals and exposing earnings to scope changes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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HOUSTON, April 29, 2026 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today its Mission Technology Solutions business has been awarded a new Indefinite Delivery/Indefinite Quantity (IDIQ) multi-award contract with a ceiling value of $510 million to provide high-impact joint data and analytic support services to the Office of the Secretary of War, Cost Assessment and Program Evaluation (OSW CAPE) Joint Data Support (JDS ) Division. The IDIQ will use a mixed structure that includes Firm-Fixed-Price (FFP), Labor-Hour (LH) and Time and Materials (T&M) contract types.

KBR will deliver rapid, easy-to-understand analytical and data-driven solutions designed to help the Department of War (DoW) interpret and apply information about U.S. and foreign military forces, accelerating warfighter decision advantage. This process includes rapidly collecting and organizing data on equipment, capabilities, force structure and global deployments. KBR will transform this data at speed to inform senior DoW leaders of critical trends and strengthen decision-making across the department. Work will be performed primarily at the Pentagon and in Alexandria, Virginia, over a five-year timeframe. 

This award marks a strategic expansion for KBR into a new mission area within the Office of the Secretary of War. It positions the company to support the department’s most influential analytics efforts and critical decisions, fast-tracking Speed to Mission Impact℠. KBR will apply its advanced analytic techniques and digital capabilities to accelerate modernization, streamline processes and strengthen how the department uses data to guide strategy and drive future missions.

“KBR is dedicated to equipping the DoW with mission-critical insights needed to drive timely, expedited and well-informed decisions,” said Stuart Bradie, KBR President and CEO. “We stand ready to apply our accelerated analytic capabilities to strengthen JDS and support the department’s most important strategic priorities.” 

This contract further demonstrates KBR’s dedication to delivering transformative analytics services in support of defense and national security priorities. KBR brings proven expertise and innovative digital solutions to help strengthen operations and advance modernization efforts across the DoW. 

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 85 countries and operations in over 28 countries. KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

Visit www.kbr.com 

 Forward Looking Statements 

The statements in this press release that are not historical statements, including statements regarding KBR’s delivery of data and analytic support services to the Office of the Secretary of War, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks, uncertainties and assumptions, many of which are beyond the company’s control, that could cause actual results to differ materially from the results expressed or implied by the statements. These risks, uncertainties and assumptions include, but are not limited to, those set forth in the company’s most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks and other U.S. Securities and Exchange Commission filings, which discuss some of the important risks, uncertainties and assumptions that the company has identified that may affect its business, results of operations and financial condition. Due to such risks, uncertainties and assumptions, you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason. 

For further information, please contact: 

Investors
Rachael Goldwait
Vice President, Investor Relations
713-753-5082
Investors@kbr.com

Media
Philip Ivy
Vice President, Global Communications and Marketing
713-753-3800
MediaRelations@kbr.com

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How large is the contract KBR (KBR) won with the Department of War on April 29, 2026?

The contract has a ceiling value of $510 million over a five‑year period. According to the company, it is an IDIQ multi‑award vehicle that will fund task orders for joint data and analytic support services.

What work will KBR perform under the OSW CAPE Joint Data Support contract (KBR)?

KBR will provide rapid, data‑driven analytics and support to help interpret U.S. and foreign military force information. According to the company, tasks include collecting, organizing and transforming data to inform senior Department of War leaders.

Where will KBR carry out the work for the $510M IDIQ award (KBR)?

Work will be performed primarily at the Pentagon and in Alexandria, Virginia, over a five‑year timeframe. According to the company, those locations support close engagement with Office of the Secretary of War stakeholders.

What contract types are included in KBR’s IDIQ award from the Department of War (KBR)?

The IDIQ uses a mixed structure including Firm‑Fixed‑Price, Labor‑Hour and Time & Materials task types. According to the company, this mix supports flexible tasking and rapid delivery of analytic solutions.

How does this IDIQ award expand KBR’s business (KBR)?

The award marks a strategic expansion into a new mission area within the Office of the Secretary of War. According to the company, it positions KBR to support influential analytics efforts and accelerate its mission impact in defense analytics.