KBR Secures $445M DoD Contract to Boost Test Infrastructure

Zacks12-17 22:22

KBR, Inc. KBR has secured a significant win with a $445 million cost-plus-fixed-fee contract under the Department of Defense Information Analysis Center’s multiple-award contract vehicle. This award ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2492961254?lang=en_US&edition=fundamental","thumbnail":"https://s.yimg.com/uu/api/res/1.2/knmT_zhl4W5gMgUMJIEvBg--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/026a08802cd984229bb03e0aefeb2972","is_english":true,"pubTime":"2024-12-17 22:22","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2492961254","market":"us","top_or_hot":-1,"title":"KBR Secures $445M DoD Contract to Boost Test Infrastructure","media":"Zacks","content":"<div>\n<p>KBR, Inc. KBR has secured a significant win with a $445 million cost-plus-fixed-fee contract under the Department of Defense Information Analysis Center’s multiple-award contract vehicle. This award ...</p>\n\n<a href=\"https://finance.yahoo.com/news/kbr-secures-445m-dod-contract-142200872.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>KBR Secures $445M DoD Contract to Boost Test Infrastructure</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKBR Secures $445M DoD Contract to Boost Test Infrastructure\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-17 22:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/kbr-secures-445m-dod-contract-142200872.html><strong>Zacks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KBR, Inc. KBR has secured a significant win with a $445 million cost-plus-fixed-fee contract under the Department of Defense Information Analysis Center’s multiple-award contract vehicle. This award ...</p>\n\n<a href=\"https://finance.yahoo.com/news/kbr-secures-445m-dod-contract-142200872.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ACM","symbol_name":"Aecom Technology Corporation","start_time":0,"source_url":"https://finance.yahoo.com/news/kbr-secures-445m-dod-contract-142200872.html","article_id":"2492961254","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/knmT_zhl4W5gMgUMJIEvBg--~B/aD00MDA7dz02MzU7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/zacks.com/026a08802cd984229bb03e0aefeb2972"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492961254","pubTimestamp":1734445320,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"KBR, Inc. KBR has secured a significant win with a $445 million cost-plus-fixed-fee contract under the Department of Defense Information Analysis Center’s multiple-award contract vehicle. This award underscores KBR’s long-standing partnership with the U.S. military and its expertise in advancing defense capabilities.The contract, spanning five years, supports the Joint Mission Environment Test Capability  program, which plays a pivotal role in the Test Resource Management Center under the Office of the Secretary of Defense. Work will be carried out at multiple Department of Defense locations, focusing on enhancing testing and experimentation environments.","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ACM":"Aecom Technology Corporation","STRL":"Sterling Construction Company In","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU1815336091.USD":"THREADNEEDLE (LUX) GLOBAL SMALLER COMPANIES \"AUP\" (USD) INC","BK4129":"建筑与工程","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","ALTR":"Altair Engineering Inc.","BK4023":"应用软件","LU2065731478.USD":"ALLSPRING (LUX) WORLDWIDE FUND - SMALL CAP INNOVA \"I\" (USD) ACC","KBR":"KBR科技","BK4123":"调查和咨询服务","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","SG9999004303.SGD":"Nikko AM Shenton Global Opportunities SGD","LU2362540622.SGD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (SGDHDG) ACC","LU2308191902.HKD":"BNP PARIBAS ECOSYSTEM RESTORATION \"CLASSIC\" (HKD) ACC","LU2362541513.USD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (USD) ACC","LU0757428866.USD":"THREADNEEDLE (LUX) GLOBAL SMALLER COMPANIES \"AE\" (USD) ACC","BK4516":"特朗普概念"},"translate_title":"KBR获得价值4.45亿美元的国防部合同以加强测试基础设施","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ALTR":1,"STRL":1,"KBR":1,"ACM":0.9},"content_text":"KBR, Inc. KBR has secured a significant win with a $445 million cost-plus-fixed-fee contract under the Department of Defense Information Analysis Center’s multiple-award contract vehicle. This award underscores KBR’s long-standing partnership with the U.S. military and its expertise in advancing defense capabilities.The contract, spanning five years, supports the Joint Mission Environment Test Capability (JMETC) program, which plays a pivotal role in the Test Resource Management Center under the Office of the Secretary of Defense. Work will be carried out at multiple Department of Defense locations, focusing on enhancing testing and experimentation environments.\nExpanding JMETC Capabilities\nThe JMETC program delivers an integrated test infrastructure that combines live, virtual, and constructive test resources. These components allow cost-effective, distributed joint testing essential for mission readiness. KBR’s responsibilities include researching and addressing unique test requirements, enhancing JMETC capabilities, and extending its reach to additional locations. Key efforts include data analysis, system development, evaluations, and strategic planning.This contract further reinforces KBR’s position as a leader in supporting critical DoD technology areas. The company will focus on advanced fields such as artificial intelligence, hypersonics, cybersecurity, and multi-domain operations, strengthening the DoD’s ability to meet evolving challenges.This contract not only highlights KBR’s commitment to innovation but also solidifies its role as a trusted partner in advancing the DoD’s mission. By integrating cutting-edge technologies and providing subject matter expertise, KBR is poised to enhance the military’s testing and evaluation capabilities across domains.\nKBR Share Price Performance\nImage Source: Zacks Investment Research\nShares of KBR have underperformed the Zacks Engineering - R and D Services industry this year so far. The stock has gained 5.8% compared with the industry’s 13.5% growth in the same time frame.Nonetheless, the Zacks Consensus Estimate for 2025 earnings indicates 18.2% growth from a year ago on 13.3% revenue growth. New and on-contract growth across its businesses and increased demand for sustainable services and technology are likely to benefit the company in the upcoming period.KBR’s solid backlog and option level of $22.12 billion at the fiscal third quarter of 2024-end highlight its underlying strength. It received $3.3 billion in bookings and options in highly strategic areas with a trailing 12-month book-to-bill of 1.1x.\nKBR’s Zacks Rank & Key Picks\nCurrently, KBR carries a Zacks Rank #3 (Hold).Some better-ranked stocks in the same space have been discussed below:Sterling Infrastructure, Inc. STRL presently sports a Zacks Rank #1 (Strong Buy). Sterling Infrastructure has a trailing four-quarter earnings surprise of 21.5%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.STRL shares have gained 104.8% year to date (YTD). The Zacks Consensus Estimate for STRL’s 2025 sales and earnings per share (EPS) indicates a rise of 7.3% and 8.1%, respectively, from the prior-year levels.AECOM ACM presently carries a Zacks Rank #2 (Buy). It has a trailing four-quarter earnings surprise of 5.2%, on average.ACM shares have gained 19.7% YTD. The Zacks Consensus Estimate for ACM’s fiscal 2025 EPS indicates a rise of 12.8% from the prior-year levels.Altair Engineering Inc. ALTR currently carries a Zacks Rank #2. It has a trailing four-quarter earnings surprise of 20.8%, on average.ALTR shares have gained 26.9% YTD. The Zacks Consensus Estimate for ALTR’s 2025 sales and EPS indicates a rise of 8.9% and 12.7%, respectively, from prior-year levels.\nWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report\nAltair Engineering Inc. (ALTR) : Free Stock Analysis Report\nAECOM (ACM) : Free Stock Analysis Report\nKBR, Inc. (KBR) : Free Stock Analysis Report\nSterling Infrastructure, Inc. (STRL) : Free Stock Analysis Report\nTo read this article on Zacks.com click here.\nZacks Investment Research","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492961254"}