KBR

HOUSTON, Aug. 17, 2026 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced that its Mission Technology Solutions business, which will be Trinzic after its planned spin-off, has won a NATO recompete time and materials contract with an initial ceiling of $60 million to support the PATRIOT air and missile defense system, including its integration with the Integrated Battle Command System (IBCS), a critical modernization priority for NATO and U.S. combatant commands. The award underscores KBR's global leadership in air and missile defense, backed by four decades of continuous technical and engineering services on the PATRIOT system for the U.S. Department of War and international partners.

KBR has been selected by ORNX Green Hydrogen for the pre-front-end engineering design (Pre-FEED) phase of low cost ammonia project planned in Morocco.

KBR's $208M Army task order boosts Trinzic's defense portfolio as Mission Technology heads toward its planned 2027 spin-off.

KBR has won an estimated $208 million cost-plus-fixed-fee task order to support the U.S. Army's Tactical Aviation and Ground Munitions (TAGM) portfolio.

KBR NYSE: KBR reported second-quarter 2026 revenue of approximately $2 billion, up 2% from the prior-year period, while adjusted EBITDA rose $16 million to $258 million and adjusted EPS increased $0.08 to $0.99. The company said first-half results were tracking slightly ahead of its planned cadence and reaffirmed its full-year guidance for revenue, adjusted EBITDA, adjusted EPS and adjusted operating cash flow.

The average of price targets set by Wall Street analysts indicates a potential upside of 25.2% in KBR (KBR). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

KBR Inc. (KBR) came out with quarterly earnings of $0.99 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.91 per share a year ago.

Second Quarter Fiscal 2026 Results (All comparisons against the second quarter fiscal 2025 unless noted.)

HOUSTON, July 30, 2026 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today the new name, logo and tagline for its Mission Technology Solutions business, which, as previously announced, KBR plans to spin off into an independent public company. The spin-off is currently expected to be completed in January 2027, and the new company will operate under the name Trinzic.

Construction earnings face a mixed backdrop as infrastructure, AI and data centers drive demand, while housing weakness and high mortgage rates weigh on growth.