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KBR Secures $77 Million U.S. Space Force Contract to Advance Digital Engineering and Assured Communications

KBR (NYSE: KBR) secured a $77 million firm-fixed-price task order under the U.S. Space Force Decision Support for Headquarters Analysis contract to advance digital engineering and assured communications.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

KBR (NYSE: KBR) secured a $77 million firm-fixed-price task order under the U.S. Space Force Decision Support for Headquarters Analysis contract to advance digital engineering and assured communications. The three-year award supports AFRL and Space Systems Command work in Colorado Springs and Wright-Patterson, delivering MBSE, cybersecurity, software, and systems engineering.

The contract builds on four years of prior AFRL/Space Force performance and aims to scale experimentation for mission-speed operations and transition solutions to U.S. government digital infrastructures.

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Positive

  • $77 million firm-fixed-price task order awarded
  • Three-year period of performance providing multi-year revenue visibility
  • MBSE-driven systems engineering, cybersecurity, and software capabilities for defense customers
  • Builds on four years of prior AFRL and Space Force performance

Negative

  • None.
Argus Feb 5 session
-1.27% close to close 1.2x rel. volume Open Argus
Details

News Market Reaction – KBR

On Feb 5, the day this news came out, KBR closed 1.27% below the previous close.

Data tracked by StockTitan Argus for the Feb 5 session.

Key Figures

Contract value: $77 million Share price: $42.64 Daily move: 2.43% +5 more
Contract value
$77 million
USSF HQ Analysis firm-fixed-price task order
Share price
$42.64
Price before reaction to Space Force contract news
Daily move
2.43%
24h price change ahead of/around contract announcement
52-week range high
$56.78
Upper end of 52-week trading range
52-week range low
$39.52
Lower end of 52-week trading range
Market cap
$5,286,578,214
Equity value prior to factoring in new contract
Period of performance
3 years
Duration of the USSF–AFRL contract work
Relative volume
1.3x
Today’s volume vs 20-day average

Historical Context

5 past events · Latest: Feb 03
5 events
  1. Feb 03

    Defense contract award

    24h Move
    -2.1%

    New $149M ADEDDIS contract for Air Force armament support.

  2. Feb 02

    Earnings call notice

    24h Move
    -0.7%

    Announcement of Q4 and FY 2025 earnings conference call timing.

  3. Jan 26

    Defense recognition, awards

    24h Move
    -0.6%

    Top 40 contractor listing and 1.2B AUD in Australian awards.

  4. Jan 12

    LNG FEED contract

    24h Move
    -0.2%

    Award of FEED contract for Coastal Bend LNG export facility.

  5. Jan 12

    LNG FEED, EPC roles

    24h Move
    -0.2%

    Selection for FEED and potential EPC on Texas Gulf Coast LNG project.

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

Key Terms

firm-fixed-price, model-based systems engineering (mbse)
2 terms
firm-fixed-price financial
"it has been awarded a firm-fixed-price task order totaling $77 million"
A firm-fixed-price contract sets a single, unchanging price for goods or services that the seller must deliver, regardless of how much those costs rise or fall during performance. For investors, this matters because the buyer bears little cost uncertainty while the seller absorbs any cost overruns, which can make revenue more predictable but can squeeze profit margins if expenses increase—think of agreeing to buy a product at a set price even if the seller’s costs go up.
model-based systems engineering (mbse) technical
"KBR will implement Model-Based Systems Engineering (MBSE)-driven architecture and services"
Model-based systems engineering (MBSE) is an engineering approach that uses digital models as the central source of truth instead of scattered text documents, like using a single interactive blueprint or digital twin to design, test and track a complex product. For investors, MBSE matters because it can reduce design errors, shorten development time and make costs and risks more predictable—improving the likelihood of on-time, on-budget product launches and clearer technical progress reporting.

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

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HOUSTON, Feb. 05, 2026 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today it has been awarded a firm-fixed-price task order totaling $77 million under the United States Space Force (USSF) – Decision Support for Headquarters (HQ) Analysis contract. This new contract award from Air Force Research Laboratory’s (AFRL) Integrated Capabilities Directorate and USSF Space Systems Command (SSC), will focus on advancing digital engineering capabilities and assured communications to support AFRL’s modernization priorities. The contract will be carried out over a three-year period of performance in Colorado Springs, Colorado and at Wright-Patterson Air Force Base in Dayton, Ohio.

Under the contract, the team will conduct end-to-end experimentation across multiple systems, scale the capability to handle the volume and speed required for real-world mission operations and collaborate with the Department of War (DoW) and U.S. government to transition solutions onto digital infrastructures. KBR will deliver systems engineering, cybersecurity expertise, software development and strategic communications to advance digital engineering for secure, scalable deployment across secure environments. KBR will implement Model-Based Systems Engineering (MBSE)-driven architecture and services, support AFRL and align with Air Force and DoW digital transformation initiatives.

“KBR’s unwavering commitment to strengthening our nation’s defense posture is reflected in this pivotal step to advance the Space Force’s ability to operate securely and decisively in contested domains,” said Mark Kavanaugh, KBR’s President, Defense, Intel and Space. “Through this contract, we’re driving innovation and shaping the future of defense capabilities for AFRL and the broader Department of War.”

This award builds on four years of proven performance supporting AFRL and Space Force missions. It also highlights KBR’s continued commitment to deliver digital innovative solutions and strengthen national defense capabilities.

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 29 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 digital innovation solutions and support of AFRL and Space Force missions, 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.

What is the value and duration of the KBR (KBR) Space Force contract awarded on February 5, 2026?

KBR won a $77 million firm-fixed-price task order over a three-year period. According to the company, the award supports AFRL and Space Systems Command work in Colorado Springs and Wright-Patterson with digital engineering and assured communications.

How will the KBR (KBR) contract advance digital engineering for the U.S. Space Force?

The contract funds Model-Based Systems Engineering and scalable experimentation across systems to support mission-speed operations. According to the company, KBR will deliver MBSE architecture, cybersecurity, software development, and systems engineering to transition solutions to government digital infrastructures.

Which U.S. Air Force and Space Force organizations are involved in KBR's (KBR) $77M task order?

The task order comes from AFRL's Integrated Capabilities Directorate and USSF Space Systems Command. According to the company, the work will support AFRL modernization priorities and align with Air Force and Department of War digital transformation initiatives.

Where will KBR (KBR) perform work under the new Space Force task order?

Work will be performed in Colorado Springs, Colorado and at Wright-Patterson Air Force Base, Ohio over three years. According to the company, teams will conduct end-to-end experimentation and scale capabilities for real-world mission operations.

What capabilities will KBR (KBR) provide under the $77M Space Force award?

KBR will provide systems engineering, cybersecurity expertise, software development, and strategic communications. According to the company, these capabilities support secure, scalable deployment across secure environments and aim to advance digital engineering for defense customers.

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