KBR secures a $350 million technical support contract with USGS to enhance Earth observation capabilities for Landsat Next.
Quiver AI Summary
KBR has been awarded a $350 million Technical Support Services Contract by the U.S. Geological Survey (USGS) to provide advanced technical solutions for the Earth Resources Observation and Science (EROS) Center in Sioux Falls, South Dakota. This contract will support USGS's efforts in preparing for the upcoming Landsat Next satellite constellation, which is set to launch in 2030, enhancing Earth observation capabilities. KBR will utilize cloud-native technologies, artificial intelligence, and machine learning to modernize USGS operations and improve data analytics and IT infrastructure. The collaboration aims to advance global environmental intelligence, enabling better monitoring of natural resources and disaster response. This contract marks KBR's fifth consecutive award from USGS, highlighting the company's long-standing partnership and technical expertise in Earth science.
Potential Positives
- KBR has been awarded a significant Technical Support Services Contract valued at $350 million by the U.S. Geological Survey, indicating strong confidence in the company's capabilities.
- The contract enables KBR to integrate advanced technologies such as AI and cloud-native systems, positioning the company as a leader in technological innovation within the Earth observation sector.
- This is KBR's fifth consecutive award from the USGS, showcasing a long-term relationship and a proven track record of delivering outstanding technical solutions.
- The work performed under this contract will enhance USGS’s operations, contributing to vital advancements in environmental intelligence and resource monitoring, which can lead to broader applications and partnerships in the future.
Potential Negatives
- The forward-looking statements may raise concerns about the company's ability to deliver on the promised technological advancements, as these statements are subject to numerous risks and uncertainties, which could potentially impact stakeholder trust.
- The mention of a $350 million ceiling for the contract might indicate budget limitations, which could restrict KBR’s operational capabilities or profit margins associated with this project.
- The emphasis on advancing technology could heighten scrutiny on KBR's ability to innovate and compete effectively in a rapidly changing technological landscape, raising questions about its future performance.
FAQ
What is the value of the contract awarded to KBR by the USGS?
The contract awarded to KBR has a ceiling of $350 million.
What will KBR provide under the Technical Support Services Contract?
KBR will deliver advanced technical solutions, including AI/ML, data analytics, and IT infrastructure.
Where will the work for this contract be performed?
The work will be performed in Sioux Falls and other sites across the U.S.
What is the significance of Landsat Next?
Landsat Next is a pioneering satellite constellation set to revolutionize Earth observation with higher resolution and more frequent imaging.
How long has KBR partnered with USGS?
KBR has partnered with USGS for over 24 years to advance Earth science and remote sensing.
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 Revenue
$KBR had revenues of $525M in Q3 2025. This is a decrease of -73.04% from the same period in the prior year.
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$KBR Hedge Fund Activity
We have seen 188 institutional investors add shares of $KBR stock to their portfolio, and 223 decrease their positions in their most recent quarter.
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$KBR Analyst Ratings
Wall Street analysts have issued reports on $KBR in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Truist Securities issued a "Buy" rating on 12/19/2025
- Oppenheimer issued a "Outperform" rating on 12/02/2025
- Citigroup issued a "Buy" rating on 11/03/2025
- DA Davidson issued a "Buy" rating on 08/01/2025
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$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 $53.5.
Here are some recent targets:
- Tobey Sommer from Truist Securities set a target price of $50.0 on 12/19/2025
- 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
Full Release
HOUSTON, Jan. 05, 2026 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today it has been awarded a Technical Support Services Contract (TSSC) by the U.S. Geological Survey (USGS), with a $350 million ceiling, to deliver advanced technical solutions for the Earth Resources Observation and Science (EROS) Center in Sioux Falls, South Dakota. The award positions KBR to support USGS at the forefront of a new era in Earth observation, as the agency prepares for Landsat Next, a pioneering three-satellite constellation set to launch in 2030.
Under the single Indefinite Delivery/Indefinite Quantity (IDIQ) contract award, KBR will harness cloud-native architectures, artificial intelligence and machine learning (AI/ML), advanced software and systems engineering and enterprise-scale IT solutions to modernize USGS’s mission-critical operations. KBR will also deliver intelligent data analytics, algorithm development, secure IT infrastructure and long-term preservation of global Earth-observation records that will enable USGS to unlock deeper insights into our planet than ever before. The work will be performed in Sioux Falls and other sites around the U.S. over five years.
“The continuation of this contract is a step forward in how technology can help promote humanity's understanding and stewardship of the Earth,” said Mark Kavanaugh, KBR’s President, Defense, Intel and Space. “By integrating AI, cloud-native systems and next-generation engineering, we’re helping enable USGS to deliver faster, smarter and more resilient solutions to address natural resource management and disaster response.”
Equipped with advanced sensors, Landsat Next will deliver unprecedented capabilities: higher spatial resolution, global coverage every six days and imaging across 26 spectral bands – more than double today’s Landsat satellites. These innovations will transform how scientists monitor land use, water quality, agriculture, wildland fire and resource trends, providing actionable intelligence to governments, industries and communities worldwide.
For over 24 years, KBR has partnered with USGS to advance Earth science and remote sensing. This fifth consecutive award reflects KBR’s proven ability to combine visionary thinking with technical excellence, ensuring that USGS remains a global leader in environmental intelligence and planetary stewardship.
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 technical services provided to the U.S. Geological Survey, 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]