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KBR Inc (KBR)

KBR on New York Consolidated

13.75USD
22 Mar 2017
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Latest Key Developments (Source: Significant Developments)

KBR reports Q4 loss per share $0.61
Friday, 24 Feb 2017 06:00am EST 

KBR Inc - : KBR announces fourth quarter and 2016 financial results and 2017 guidance . Q4 revenue $1.2 billion versus I/B/E/S view $1.2 billion . Sees FY 2017 earnings per share $1.10 to $1.40 . Q4 adjusted loss per share $0.59 excluding items . Q4 earnings per share view $0.20 -- Thomson Reuters I/B/E/S . In 2017, forecast that over 70 pct of revenue will come from work executed under services and reimbursable-type contracts . Company initiates 2017 fully diluted earnings per share guidance with a range of $1.10 to $1.40 per share . Company expects 2017 revenues to be comparable to 2016 . Legal costs associated with legacy U.S. Government contracts are expected to be about $9 million, or $0.07 per fully diluted share in 2017 . Over 70 pct of projected 2017 earnings is expected from contracts already secured in our backlog at year-end 2016 . Qtrly loss per share $0.61 . FY 2017 revenue view $4.61 billion -- Thomson Reuters I/B/E/S .FY 2017 earnings per share view $1.33 -- Thomson Reuters I/B/E/S.  Full Article

Clariant and KBR supply Indonesian plants with catalaysts for ammonia synthesis
Wednesday, 11 Jan 2017 01:14am EST 

Clariant Ag says : Clariant and KBR supply turnkey design for low-cost, high-efficiency ammonia synthesis . Clariant supplies all process catalysts for ammonia synthesis at two major production plants in Indonesia . Turnkey solution provided in collaboration with process and licensing partner KBR Further company coverage: [CLN.S] (Reporting By Zurich newsroom) ((zurich.newsroom@thomsonreuters.com; +41 58 306 7336;)).  Full Article

KBR awarded multiple Australian infrastructure services contracts
Thursday, 22 Dec 2016 06:00am EST 

KBR Inc : Provide engineering and design management services to John Holland for AU$600 million Mernda Rail Extension Project in Melbourne . Revenue associated with two Australian defense infrastructure projects was booked into E&C backlog in Q3 2016 .KBR awarded multiple Australian infrastructure services contracts.  Full Article

KBR to engineer significant expansion of Indonesian gas infrastructure
Thursday, 22 Dec 2016 06:00am EST 

KBR Inc : KBR - Revenue associated with project will be booked into backlog of unfilled orders for KBR's engineering & construction business segment in Q4 2016 . Awarded a contract by PT PLN for engineering and design services to expand gas supply infrastructure across Indonesia .Revenue associated with this project was undisclosed.  Full Article

Saudi Aramco extends KBR's general engineering services contract
Monday, 21 Nov 2016 06:00am EST 

Saudi Arabian Oil Co - :KBR Co's KBR-AMCDE signed amendment to extend existing general engineering services plus contract with Saudi Aramco.  Full Article

KBR Subsidiary Brown & Root Industrial Services LLC acquires MEI Group LLC
Tuesday, 15 Nov 2016 06:00am EST 

KBR Inc : Brown & Root Industrial Services, LLC has acquired MEI Group, LLC .Terms of transaction were not disclosed.  Full Article

KBR awarded program management contract change order for UK's ministry of defence
Tuesday, 1 Nov 2016 08:38am EDT 

KBR Inc : KBR awarded significant program management contract change order for UK's ministry of defence, increasing fourth quarter backlog . KBR inc says change order has a total value for joint venture of approximately $1.4 billion . Says revenue associated with change order is estimated to be $736 million .KBR inc says change order will be booked into backlog of unfilled orders for KBR's government services business segment during Q4 of 2016.  Full Article

KBR wins seat on U.S. Navy's $900 mln global contingency services multiple award contract
Wednesday, 12 Oct 2016 06:00am EDT 

KBR Inc : KBR wins seat on U.S. Navy's $900m global contingency services multiple award contract .KBR - its wholly owned U.S. Government services subsidiary, KBRwyle, has been awarded one of five seats on U.S. Naval facilities engineering command.  Full Article

Honeywell International reaches deal to sell HTSI to KBR for about $300 mln
Friday, 12 Aug 2016 07:13am EDT 

Honeywell International Inc : Honeywell reaches agreement to sell Honeywell Technology Solutions (HTSI) to KBR . Reached deal to sell Honeywell Technology to KBR Inc for approximately $300 million .Honeywell International Inc says there is no impact to Honeywell's financial guidance.  Full Article

KBR awarded Corpus Christi Construction Contract from Chemours
Monday, 8 Aug 2016 06:00am EDT 

KBR INC : KBR awarded Corpus Christi Construction Contract from Chemours .Revenue associated with project will be booked into backlog of unfilled orders for KBR'S E&C business segment in Q3 of 2016.  Full Article

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BRIEF-KBR reports Q4 loss per share $0.61

* KBR announces fourth quarter and 2016 financial results and 2017 guidance