KBR Delivers AI-Powered Operations and Engineering Solution to Enhance Plant Performance at Indorama

(NYSE:KBR) KBR has deployed its artificial intelligence (AI) solution, KBR INSITE®, across Indorama Corporation’s ammonia and olefins process units in Nigeria. KBR INSITE is an operational and engineering AI platform designed for complex, safety-critical process facilities, utilizing physics-informed AI, historical and real-time plant data, and KBR’s expertise to autonomously and continuously monitor asset performance, identify optimization opportunities, recognize emerging process and equipment anomalies, support root-cause analysis, and provide explainable insights. The platform integrates Applied Computing’s Orbital AI, developed with KBR’s design, operations, and advisory expertise, resulting in a world model for ammonia that learns cause and effect across an entire plant. This integration allows KBR INSITE to be deployed faster, reducing the time from contract signature and data handover to a live model delivering value. Hari Ravindran, Senior Vice President and Global Head, Technology Solutions, KBR, stated that the deployment will support Indorama’s mission to transform operations through engineer-grounded AI, helping to evaluate operating scenarios and act on recommendations generated from physics-informed models and site-specific data, increasing plant throughput, improving asset availability, and supporting more reliable, efficient operations. Deepu Sivdas, Chief Technical Officer, Indorama Eleme Fertilizer & Chemicals Limited, commented that KBR INSITE provides comprehensive insights into plant performance through near-real-time analysis of key operating parameters, helps identify opportunities to optimize energy consumption, increase throughput, detect operational constraints, and develops systematic root cause analysis, enhancing plant reliability, efficiency, and profitability. KBR is expanding deployment of KBR INSITE across its customer base, with Egypt Basic Industries Corporation (EBIC) signing an agreement to implement KBR INSITE at their plant, with the platform expected to be live by year-end. Earlier in the year, KBR announced its investment in Applied Computing to accelerate the development of next generation AI solutions for the energy and industrial sectors, combining advanced AI with KBR’s process technologies and industry expertise. KBR has 16,000 employees operating across more than 30 countries. KBR’s Mission Technology Solutions business is expected to be spun off as an independent public company in January 2027 under the new name Trinzic. Trinzic will launch with more than $5 billion in annual revenue, established partnerships and contracts, 20,000 employees, and a global footprint. Applied Computing raised a $20 million Series A in July 2026, led by KBR, with participation from Databricks Ventures.

KBR Reports Third Quarter Fiscal 2026 Results

(NYSE:KBR) KBR, Inc. announced its third quarter fiscal 2026 results, reporting revenues of $2,028 million for the quarter, up 5% or $97 million from the prior year period. Operating income for the quarter was $186 million, down 3% or $5 million, while net income attributable to KBR was $133 million, up 16% or $18 million. Diluted earnings per share attributable to KBR were $1.06, an increase of 18% or $0.16. Adjusted EBITDA for the quarter was $268 million, up 12% or $28 million, with an Adjusted EBITDA margin of 13.2%. Adjusted earnings per share were $1.12, up 10% or $0.10. Operating cash flows from continuing operations for the quarter were $171 million, down 14% or $27 million, and adjusted operating cash flows were $188 million, down 5% or $10 million. KBR returned $21 million to shareholders in regular dividends during the quarter. As of quarter end, backlog and options totaled $23.1 billion, with a book-to-bill ratio of 0.9x, or 1.0x excluding the NASA insourcing debooking. Mission Technology Solutions (MTS) segment revenues were $1.3 billion, down 5% or $60 million, with operating income of $115 million and Adjusted EBITDA of $145 million. MTS backlog and options as of quarter end totaled $17.3 billion. Notable MTS awards included the $8 billion ceiling Antarctic Science and Engineering Support Contract (ASESC) for the U.S. National Science Foundation (not yet reflected in backlog), a $208 million U.S. Army TAGM task order, and a $60 million NATO PATRIOT air and missile defense support contract. Sustainable Technology Solutions (STS) segment revenues were $762 million, up 26% or $157 million, with operating income of $124 million and Adjusted EBITDA of $147 million. STS backlog reached a record $5.8 billion, with a book-to-bill of 1.3x. STS awards included an offshore engineering contract by Aramco for the Marjan field, KBR’s Purifier ammonia technology for SABIC Agri-Nutrients’ new plant in Jubail, Saudi Arabia, the Live Oak e-NG project FEED contract in Nebraska, the Kazakhstan Sustainable Aviation Fuel project for KMG-Aero and KazFoodProducts, a Pre-FEED study for the Morocco green ammonia project by ORNX Green Hydrogen, and contracts to revamp ammonia plants in Germany and Austria for AGF Nitrogen. Liquidity as of October 2, 2026, was approximately $1.1 billion, including $625 million in borrowing capacity and $439 million in cash and cash equivalents. Net leverage ratio was 2.1x. KBR reaffirmed its full-year fiscal 2026 guidance, including revenues of $7.90 billion to $8.36 billion, Adjusted EBITDA of $980 million to $1,040 million, Adjusted EPS of $3.87 to $4.22, and adjusted operating cash flows of $560 million to $600 million. The planned spin-off of the Mission Technology Solutions business, to be named Trinzic, is targeted for completion on January 4, 2027, subject to final approvals and the effectiveness of the registration statement on Form 10 filed with the SEC on September 30, 2026. KBR and Trinzic will host separate Investor Day events in New York City on November 11 and 12, 2026, respectively. During the quarter, KBR achieved separation milestones including publication of the Form 10 and implementation of key standalone systems and infrastructure. The company reached a settlement agreement with U.S. TRANSCOM related to the Global Household Goods Contract, converting the government's prior termination for default to termination for convenience.

KBR Dividend Declaration

(NYSE:KBR) KBR announced that its Board of Directors has declared a regular quarterly dividend of $0.165 per share on the company’s common stock, which has a par value of $0.001 per share. The dividend will be paid on January 15, 2027, to KBR stockholders of record as of December 15, 2026. KBR previously announced a plan to spin off its Mission Technology Solutions business as an independent public company named Trinzic, Inc. in January 2027. Following the spin-off, both KBR and Trinzic will evaluate their future dividend policy. KBR describes itself as a global, capital-light lifecycle solutions company serving high-complexity industrial, energy, and infrastructure markets. After the planned separation, KBR will operate as a focused standalone company with differentiated customer relationships, global execution capabilities, and a capital-efficient business model. KBR states it is positioned to benefit from long-term secular growth trends across energy security, energy transition, industrial modernization, and infrastructure investment. KBR reports having 15,000 employees operating across more than 40 countries. The Mission Technology Solutions business, to be spun off as Trinzic, is expected to become an independent public company in January 2027. Trinzic will launch with more than $5 billion in annual revenue, established partnerships and contracts, 18,000 employees, and a global footprint. Trinzic is described as a partner to customers supporting high-priority missions in national security, human performance, global operations, and space.

KBR Awarded Offshore Engineering Contract Supporting Aramco’s Marjan Field Development Program

(NYSE:KBR) KBR has been awarded a project by Aramco to support the upgrade of facilities across the Marjan offshore field in the Arabian Gulf. Under this contract, KBR will provide engineering and project execution services for key offshore processing, gas compression, and power infrastructure facilities within the Marjan field. The project is expected to maintain the Marjan field's production capacity through recent field developments. It is also expected to advance associated gas processing capabilities and strengthen the long-term performance of critical offshore assets by integrating digital technologies, automation, and power system enhancements. Jay Ibrahim, President, Sustainable Technology Solutions, KBR, stated that this award reflects KBR's long project execution relationship with Aramco and highlighted the company's offshore engineering expertise combined with advanced automation and digital integration. KBR has a history of supporting major energy projects across the Middle East, delivering engineering, technology, and program management solutions to optimize performance and improve reliability. The engineering work for this project is expected to be executed primarily from KBR's Houston and Al-Khobar offices. KBR employs 15,000 people operating across more than 40 countries. KBR’s Mission Technology Solutions business is expected to be spun off as an independent public company in January 2027 under the new name Trinzic. Trinzic will launch with more than $5 billion in annual revenue, established partnerships and contracts, 18,000 employees, and a global footprint. The name Trinzic is inspired by the word intrinsic, reflecting the essential capabilities and trusted performance of the business. Trinzic will support high-priority missions across national security, human performance, global operations, and space. Following the planned separation, KBR will operate as a focused standalone company with differentiated customer relationships and a capital-efficient business model. KBR is positioned to benefit from long-term secular growth trends across energy security, energy transition, industrial modernization, and infrastructure investment.

KBR Reports Second Quarter Fiscal 2026 Results

(NYSE: KBR) KBR, Inc. announced its second quarter fiscal 2026 results, reporting revenues of $2.0 billion, up 2% from the prior year period, and net income attributable to KBR of $96 million, up 32%. Operating income for the quarter was $172 million, down 11%, with an operating income margin of 8.7%, while adjusted EBITDA was $258 million, up 7%, and adjusted EBITDA margin was 13.0%. Diluted EPS attributable to KBR was $0.75, up 34%, and adjusted EPS was $0.99, up 9%. Backlog and options as of quarter end totaled $23.0 billion, with a book-to-bill ratio of 1.1x, and liquidity as of July 3, 2026, was approximately $0.9 billion, including $625 million in borrowing capacity and $312 million in cash and cash equivalents. KBR announced new business awards including an $8 billion ceiling Antarctic Science and Engineering Support Contract, a $95 million contract for the U.S. Space Force, and a position on the $866 million ASTRA contract. The company reaffirmed its fiscal 2026 guidance, projecting revenues of $7.90B - $8.36B, adjusted EBITDA of $980M - $1,040M, adjusted EPS of $3.87 - $4.22, and adjusted operating cash flows of $560M - $600M. KBR continues to advance the planned spin-off of its Mission Technology Solutions segment, targeting completion on January 4, 2027.

KBR Unveils Trinzic as New Name for Planned Independent Mission Technology Solutions Company

(NYSE: KBR) KBR announced the new name, logo, and tagline for its Mission Technology Solutions business, which 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. Michael LaRouche has been appointed as President and CEO - Designate and Nicholas Veasey as Executive Vice President and Chief Financial Officer – Designate of Trinzic at the time of the spin-off. KBR employs approximately 37,000 people worldwide with customers in more than 85 countries and operations in over 28 countries. The spin-off transaction is intended to be tax-free to KBR and its shareholders for U.S. federal income tax purposes, subject to customary conditions and approvals. The new brand identity for Trinzic was developed by Siegel + Gale, and the tagline is “The Bold. Connected.™”. Following the spin-off, the Sustainable Technology Solutions (STS) business will continue to operate under the KBR name.

KBR Highlights Safety, Sustainability and Solutions in 2025 Sustainability and Corporate Responsibility Report

(NYSE: KBR) KBR announced the release of its 2025 Sustainability and Corporate Responsibility Report. The report highlights 35% sustainability-focused revenue and $2.7B in positive environmental impact. KBR achieved a 96.44% incident-free rate over 352 days and reported a 0.033 total recordable incident rate across the globe. The company received an AAA rating from MSCI, an A List rating from CDP, and a Prime rating from ISS for corporate sustainability performance. KBR was named to Forbes’ Most Trusted Companies in America 2025 and Fortune Magazine’s World’s Most Admired Companies 2025. KBR employs approximately 36,000 people worldwide, with customers in more than 85 countries and operations in over 28 countries.

KBR's PureSAF Technology Selected by Keppel and Aster for Licensing and FEED for Asia's First Commercial-Scale Ethanol-to-Jet Sustainable Aviation Fuel Plant

(NYSE: KBR) KBR has been selected to provide technology licensing and Front-End Engineering Design (FEED) services based on its PureSAF℠ technology for the proposed Sustainable Aviation Fuel (SAF) plant being developed by Keppel Ltd.’s Infrastructure Division and Aster Chemicals and Energy on Singapore’s Jurong Island. The PureSAF technology was developed by Swedish Biofuels AB, engineered for commercial-scale production by KBR, and exclusively licensed by KBR worldwide. The proposed plant is expected to have a planned production capacity of up to 100,000 tons of SAF per year, subject to final investment decision and regulatory approvals. KBR has entered into a Memorandum of Intent with Keppel’s Infrastructure Division to collaborate on decarbonization across energy transition technologies, including waste-to-energy, plastic recycling, biofuels, SAF, and AI-driven digitalization. KBR employs approximately 36,000 people worldwide with customers in more than 85 countries and operations in over 28 countries. The company projects that its PureSAF technology is designed to deliver a 100% drop in jet fuel, ready to power aircraft without blending. KBR has over a 100-year history of providing clean fuel solutions and remains at the forefront of pioneering decarbonization initiatives.

KBR Launches Inaugural Innovation Studio Powered by Applied Computing in Bengaluru

(NYSE:KBR) KBR launched its inaugural Innovation Studio, powered by Applied Computing, in Bengaluru, India, establishing a base from which the two will deliver industrial AI from India. The studio is co-located with Applied Computing's Bengaluru office and serves as KBR's operational hub for remote monitoring and advisory services delivered through INSITE 3.0, powered by Applied Computing's Orbital Platform. In March, KBR launched INSITE 3.0, its digital delivery platform powered by Orbital, marking the first product to integrate the foundation model with KBR's process technology expertise. The hub will deliver remote monitoring and advisory services to KBR's existing global industrial customers and serve as the foundation for deploying the new INSITE 3.0 AI capability to the first wave of customers later this year. At the studio's opening event last week, KBR leadership hosted members of the media, subject matter experts, experienced field engineers, and operations and maintenance specialists. The launch event included a first look at the facility and a live demonstration of INSITE 3.0 in action. Hari Ravindran, SVP and Global Head of Technology Solutions, KBR, and Dan Jeavons, President of Applied Computing, provided statements highlighting the significance of the launch.

KBR (NYSE: KBR) announced that its Board of Directors has declared a regular quarterly dividend of $0.165 per share on the company’s common stock. The dividend will be paid on July 15, 2026, to stockholders of record as of June 15, 2026. KBR employs approximately 36,000 people worldwide and serves customers in more than 85 countries with operations in over 28 countries. The company provides science, technology, and engineering solutions to governments and companies globally. This announcement is relevant to investors as it confirms the continuation of regular dividend payments.

KBR Mission Technology Solutions Awarded $449 Million Army LOGCAP Extension in Europe and North America

KBR (NYSE: KBR) announced that its Mission Technology Solutions division was awarded two task order modifications with a combined ceiling of $449 million to provide intelligent, data-driven logistics support to the U.S. Army in Europe and North America. The company received a $304 million task order modification for U.S. European Command and a $145 million task order modification for maintenance, supply, and logistics support at the Army’s National Training Center at Fort Irwin, California. The periods of performance for these contracts are from March 30, 2026, to March 29, 2027, and from March 12, 2026, to March 11, 2027, respectively. KBR will leverage its AI-powered strategic asset management system and provide a range of support services. These awards reinforce KBR’s role in delivering logistics and sustainment support for the U.S. military.

KBR Announces Strategic Investment in Geolith to Accelerate Commercial Deployment of Direct Lithium Extraction

KBR (NYSE: KBR) has made a strategic investment in Geolith, a France-based global leader in Direct Lithium Extraction (DLE). This investment supports the commercial deployment of Geolith’s DLE Li-Capt® technology and builds on an exclusive alliance agreement formed in 2024. The collaboration aims to deliver scalable, cost-efficient, and low-impact lithium production solutions for battery and energy storage markets. KBR will combine Geolith’s DLE technology with its own PureLi® refining and conversion technology to offer an integrated solution from extraction to battery-grade lithium production. The partnership is already supported by a growing pipeline of global projects targeting both traditional brine resources and new opportunities such as produced water from the upstream energy industry.

KBR’s Mission Technology Solutions Awarded $200 Million to Accelerate Safer, Smarter US Transportation Systems

KBR (NYSE: KBR) announced that its Mission Technology Solutions business has won a recompete contract with a ceiling value of $200 million to enhance aviation safety and modernize America’s transportation networks. The contract, known as the Transportation, Technology & Engineering Mission Solutions (TTEMS), is a single-award, five-year Blanket Purchase Agreement (BPA) issued through the U.S. General Services Administration Multiple Award Schedule (MAS) program. KBR will provide engineering services, AI, machine learning, and other advanced technologies in partnership with the U.S. Department of Transportation’s Volpe National Transportation Systems Center. The work will be performed in Cambridge and other locations worldwide. KBR employs approximately 36,000 people worldwide and serves customers in more than 85 countries.