KBR received a $77 million contract to enhance digital engineering and communication for the US Space Force over three years.
Quiver AI Summary
KBR has been awarded a $77 million task order by the United States Space Force under the Decision Support for Headquarters Analysis contract. This three-year contract, issued by the Air Force Research Laboratory and Space Systems Command, focuses on enhancing digital engineering capabilities and secure communications to support modernization efforts. Activities will occur in Colorado Springs, Colorado, and Dayton, Ohio, and involve end-to-end experimentation across multiple systems. KBR will provide systems engineering, cybersecurity, software development, and strategic communication support, using Model-Based Systems Engineering to align with Air Force digital transformation initiatives. KBR's President emphasized the contract's importance in strengthening national defense capabilities and advancing the Space Force's operational effectiveness. This award builds on KBR's four years of successfully supporting Space Force missions and demonstrates their commitment to delivering innovative solutions for national defense.
Potential Positives
- KBR has secured a substantial contract worth $77 million from the United States Space Force, highlighting its strong position in the defense sector.
- The contract focuses on advancing digital engineering capabilities and assured communications, aligning KBR with key modernization priorities of the Air Force Research Laboratory and USSF.
- This award builds on KBR's demonstrated four years of proven performance in supporting AFRL and Space Force missions, reinforcing its reputation and reliability in the industry.
- KBR's commitment to innovation and national defense is emphasized by its role in driving advancements in secure, scalable deployment solutions for the Department of War and federal operations.
Potential Negatives
- The press release includes a forward-looking statement warning that actual results may differ materially from what is implied, which may introduce uncertainty regarding KBR's future performance and reliability.
- There is a reliance on government contracts and partnerships for revenue, which may constitute a risk if future government budgets or priorities change.
- The lack of specific financial performance metrics or outcomes related to this new contract may raise concerns among investors about the viability and immediate impact of the project.
FAQ
What is the value of the recent KBR contract with the US Space Force?
KBR has been awarded a firm-fixed-price task order worth $77 million under the US Space Force contract.
Where will the KBR contract work take place?
The contract will be executed in Colorado Springs, Colorado, and at Wright-Patterson Air Force Base in Dayton, Ohio.
How long is the performance period for this KBR contract?
The performance period for the contract is three years.
What services will KBR provide under this contract?
KBR will deliver systems engineering, cybersecurity, software development, and strategic communications for digital engineering capabilities.
What is KBR's commitment regarding national defense?
KBR is dedicated to strengthening national defense capabilities through innovative solutions and support for the Space Force and AFRL missions.
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.
You can track KBR financials on Quiver Quantitative's KBR stock page.
$KBR Hedge Fund Activity
We have seen 194 institutional investors add shares of $KBR stock to their portfolio, and 229 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
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ removed 968,940 shares (-27.0%) from their portfolio in Q4 2025, for an estimated $38,951,388
- SCOPIA CAPITAL MANAGEMENT LP removed 725,437 shares (-62.0%) from their portfolio in Q3 2025, for an estimated $34,305,915
- 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:
- 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
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 5 analysts offer price targets for $KBR in the last 6 months, with a median target of $50.0.
Here are some recent targets:
- Andrew Kaplowitz from Citigroup set a target price of $53.0 on 01/26/2026
- 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
Full Release
HOUSTON, Feb. 05, 2026 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today it has been awarded a firm-fixed-price task order totaling $77 million under the United States Space Force (USSF) – Decision Support for Headquarters (HQ) Analysis contract. This new contract award from Air Force Research Laboratory’s (AFRL) Integrated Capabilities Directorate and USSF Space Systems Command (SSC), will focus on advancing digital engineering capabilities and assured communications to support AFRL’s modernization priorities. The contract will be carried out over a three-year period of performance in Colorado Springs, Colorado and at Wright-Patterson Air Force Base in Dayton, Ohio.
Under the contract, the team will conduct end-to-end experimentation across multiple systems, scale the capability to handle the volume and speed required for real-world mission operations and collaborate with the Department of War (DoW) and U.S. government to transition solutions onto digital infrastructures. KBR will deliver systems engineering, cybersecurity expertise, software development and strategic communications to advance digital engineering for secure, scalable deployment across secure environments. KBR will implement Model-Based Systems Engineering (MBSE)-driven architecture and services, support AFRL and align with Air Force and DoW digital transformation initiatives.
“KBR’s unwavering commitment to strengthening our nation’s defense posture is reflected in this pivotal step to advance the Space Force’s ability to operate securely and decisively in contested domains,” said Mark Kavanaugh, KBR’s President, Defense, Intel and Space. “Through this contract, we’re driving innovation and shaping the future of defense capabilities for AFRL and the broader Department of War.”
This award builds on four years of proven performance supporting AFRL and Space Force missions. It also highlights KBR’s continued commitment to deliver digital innovative solutions and strengthen national defense capabilities.
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 KBR’s delivery of digital innovation solutions and support of AFRL and Space Force missions, 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
Rachael Goldwait
Vice President, Investor Relations
713-753-5082
[email protected]
Media
Philip Ivy
Vice President, Global Communications and Marketing
713-753-3800
[email protected]