KBR secures a $117M contract for F/A-18 support in Australia, Finland, and Switzerland over five years.
Quiver AI Summary
KBR has announced the award of a $117 million contract to provide Foreign Military Sales support for the Naval Air System Command's F/A-18 and EA-18G Program Office. This contract aims to assist Australia, Finland, and Switzerland in maintaining and operating their F/A-18 fighter jets, ensuring they are outfitted with the latest technology and remain mission-ready. KBR will deliver integrated program management, engineering, and logistics support over five years across various locations. The company highlights its long-standing expertise in the F/A-18 platform and commitment to facilitating collaboration between the U.S. and its allies in defense efforts.
Potential Positives
- KBR has been awarded a significant $117M contract to provide Foreign Military Sales support, indicating strong demand for their services.
- This contract reinforces KBR’s long-standing expertise and trusted partnership with NAVAIR, enhancing their reputation in defense contracting.
- The work on maintaining and operating F/A-18 fighter jets for international partners demonstrates KBR's capability in defense readiness, potentially leading to further opportunities in the global market.
- The five-year duration of the contract ensures stable revenue and workload for KBR, contributing positively to their financial outlook and operational planning.
Potential Negatives
- The mention of significant risks and uncertainties related to forward-looking statements may create concern among investors regarding the company's future performance.
- The contract awarded is characterized as a "cost-plus-fixed-fee" arrangement, which may indicate potential risks for cost overruns or budget management challenges.
- There is no mention of new business or growth opportunities outside of the existing Foreign Military Sales support, which may raise questions about diversification and future revenue streams.
FAQ
What is the value of KBR's new contract with NAVAIR?
KBR has been awarded a $117 million follow-on contract for Foreign Military Sales support for NAVAIR's F/A-18 and EA-18G Program Office.
Which countries will KBR support under the new contract?
KBR will provide support to Australia, Finland, and Switzerland in maintaining and operating their F/A-18 fighter jets.
What services will KBR provide under this contract?
KBR will offer program management, engineering, logistics, acquisition management, and lifecycle support for the F/A-18 programs.
How long will the contract with NAVAIR last?
The contract performance will span a period of five years across multiple U.S. locations and international partners.
How does this contract reflect KBR's expertise?
This contract showcases KBR's long-term partnership with NAVAIR and their extensive experience in supporting the F/A-18 platform.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$KBR Insider Trading Activity
$KBR insiders have traded $KBR stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $KBR stock by insiders over the last 6 months:
- STUART BRADIE (President and CEO) sold 20,000 shares for an estimated $1,056,246
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$KBR Revenue
$KBR had revenues of $525M in Q3 2025. This is a decrease of -73.04% from the same period in the prior year.
You can track KBR financials on Quiver Quantitative's KBR stock page.
$KBR Hedge Fund Activity
We have seen 193 institutional investors add shares of $KBR stock to their portfolio, and 270 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BOSTON PARTNERS removed 4,005,574 shares (-73.3%) from their portfolio in Q3 2025, for an estimated $189,423,594
- WELLINGTON MANAGEMENT GROUP LLP added 1,858,961 shares (+1611.4%) to their portfolio in Q3 2025, for an estimated $87,910,265
- PERMIAN INVESTMENT PARTNERS, LP added 1,270,000 shares (+66.4%) to their portfolio in Q3 2025, for an estimated $60,058,300
- ALYESKA INVESTMENT GROUP, L.P. added 1,142,699 shares (+inf%) to their portfolio in Q3 2025, for an estimated $54,038,235
- SCOPIA CAPITAL MANAGEMENT LP removed 725,437 shares (-62.0%) from their portfolio in Q3 2025, for an estimated $34,305,915
- COPELAND CAPITAL MANAGEMENT, LLC added 711,907 shares (+inf%) to their portfolio in Q3 2025, for an estimated $33,666,082
- HENNESSY ADVISORS INC removed 665,900 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $31,490,411
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$KBR Analyst Ratings
Wall Street analysts have issued reports on $KBR in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Oppenheimer issued a "Outperform" rating on 12/02/2025
- Citigroup issued a "Buy" rating on 11/03/2025
- DA Davidson issued a "Buy" rating on 08/01/2025
To track analyst ratings and price targets for $KBR, check out Quiver Quantitative's $KBR forecast page.
$KBR Price Targets
Multiple analysts have issued price targets for $KBR recently. We have seen 6 analysts offer price targets for $KBR in the last 6 months, with a median target of $55.5.
Here are some recent targets:
- Ian Zaffino from Oppenheimer set a target price of $60.0 on 12/02/2025
- Jerry Revich from Wells Fargo set a target price of $45.0 on 11/14/2025
- Mariana Perez from B of A Securities set a target price of $45.0 on 11/13/2025
- Andrew Kaplowitz from Citigroup set a target price of $57.0 on 11/03/2025
- Brent Thielman from DA Davidson set a target price of $65.0 on 08/01/2025
- Steven Fisher from UBS set a target price of $54.0 on 07/02/2025
Full Release
HOUSTON, Dec. 04, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today it has been awarded an estimated $117M cost-plus-fixed-fee follow-on contract to provide Foreign Military Sales (FMS) support for Naval Air System Command’s (NAVAIR) F/A-18 and EA-18G Program Office (PMA-265). KBR provides expertise to help Australia, Finland and Switzerland maintain and operate their F/A-18 fighter jets through PMA-265 for optimal defense readiness. This includes implementation, engineering and logistics, ensuring the jets stay outfitted with the newest tools and technology and are mission-ready. The work ensures smooth coordination between countries and keeps aircraft safe, reliable and ready to fly. Contract performance will take place across multiple U.S. locations and international partner nations over a period of five years.
Under the terms of the contract, KBR will provide integrated program management, engineering, financial and logistics support for the F/A-18 FMS programs with Finland, Australia and Switzerland. The team will assist PMA-265 in sustaining aircraft systems, managing acquisition and training efforts, and supporting lifecycle logistics and communications security operations.
“KBR has supported this program for multiple decades,” said Mark Kavanaugh, KBR President of Defense, Intel and Space. “This contract win showcases KBR’s expertise on the F/A-18 platform and position as a trusted long-term partner for NAVAIR.”
For more than 40 years, KBR has provided subject matter expertise across systems engineering, diminishing manufacturing sources and material shortages, cybersecurity and technology development with extensive FMS knowledge across all variants of the F/A-18 platform. They regularly analyze Security Assistance and National Disclosure Policy procedures, programs and requirements, and make recommendations for changes to modernize FMS policies and ensure collaboration across the U.S. and partner nations.
About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 37,000 people worldwide with customers in more than 80 countries and operations in over 29 countries. KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
Visit www.kbr.com
Forward Looking Statements
The statements in this press release that are not historical statements, including statements regarding the delivery of Foreign Military Sales, F/A-18 platform and PMA-265 support services, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks, uncertainties and assumptions, many of which are beyond the company’s control, that could cause actual results to differ materially from the results expressed or implied by the statements. These risks, uncertainties and assumptions include, but are not limited to, those set forth in the company’s most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks and other U.S. Securities and Exchange Commission filings, which discuss some of the important risks, uncertainties and assumptions that the company has identified that may affect its business, results of operations and financial condition. Due to such risks, uncertainties and assumptions, you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
For further information, please contact:
Investors
Jamie DuBray
Vice President, Investor Relations
713-753-5082
[email protected]
Media
Philip Ivy
Vice President, Global Communications and Marketing
713-753-3800
[email protected]