KBR's new contract with BP enhances its global energy footprint.
BP signs a three-year global agreement with KBR for engineering and EPCM services, reinforcing their decades-long partnership and global energy ambitions.
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KBR's robust backlog, strong bookings, and strategic acquisitions position it well for continued growth and future success.
The new contract win for its ammonia technology from KazAzot is expected to boost KBR's growth in the upcoming period.
KBR has been awarded an $88 million task order contract to enhance the DTIC's repository and advance unmanned aviation technologies in a five-year period.
KBR's latest $445M contract enhances DoD support and tech innovation.
Investors need to pay close attention to KBR stock based on the movements in the options market lately.
KBR is set to transform food security and self-sufficiency in Angola with AMUFERT through its cutting-edge ammonia technology.
KBR (KBR) reported earnings 30 days ago. What's next for the stock?
KBR reported Q3 earnings with revenues of $1.95B, a 10.2% increase year-over-year, and an improved operating margin of 8.9%. The company's robust backlog of $22.1B and a book-to-bill ratio of 1.2x provide strong revenue visibility and stability. The promising Sustainable Technology Solutions segment, especially in LNG projects, is expected to drive significant growth and higher margins.
KBR's third-quarter fiscal 2024 results reflect strong contributions from its GS and STS segments and benefits from the LinQuest acquisition.