KBR will provide technology and engineering services for a proposed Sustainable Aviation Fuel plant in Singapore.
Quiver AI Summary
KBR has been chosen to provide technology licensing and Front-End Engineering Design (FEED) services for a Sustainable Aviation Fuel (SAF) plant being developed by Keppel Ltd. and Aster Chemicals and Energy on Jurong Island in Singapore. The plant will utilize KBR's PureSAF technology, which allows for the production of up to 100,000 tons of SAF annually, pending final investment decisions and regulatory approvals. KBR's CEO, Stuart Bradie, highlighted the company's commitment to supporting Singapore's goal of becoming a leading SAF hub as part of its broader decarbonization efforts. Additionally, KBR has signed a Memorandum of Intent with Keppel to collaborate on various decarbonization technologies, further enhancing KBR's role in clean fuel solutions and low-carbon initiatives.
Potential Positives
- KBR has been selected to provide licensing and FEED services for a significant Sustainable Aviation Fuel plant, indicating strong demand for its technology and expertise in a high-growth industry.
- The partnership with Keppel and Aster promotes KBR's PureSAF technology, showcasing its applicability in sustainable aviation efforts and enhancing the company's reputation in the decarbonization space.
- KBR's involvement directly supports Singapore's ambition to become a leading SAF hub, aligning the company with national priorities and giving it a strategic position in the growing market for low-carbon aviation fuels.
- The Memorandum of Intent with Keppel highlights KBR's commitment to collaborating on innovative decarbonization technologies, potentially expanding its business opportunities in various sectors beyond aviation.
Potential Negatives
- Forward-looking statements in the press release highlight potential risks and uncertainties that could materially affect KBR's business and results, suggesting a reliance on assumptions that may not come to fruition.
- The company's need to constantly innovate its SAF solution indicates that current offerings may not fully meet market demands or regulatory requirements without further development, presenting a challenge to maintain competitiveness.
- The emphasis on partnerships and collaborations may signal KBR's dependency on external entities like Keppel and Aster for the success of its projects, potentially impacting its reputation and financial health if these partnerships fail to deliver results.
FAQ
What is KBR's role in the Sustainable Aviation Fuel project?
KBR has been selected to provide technology licensing and Front-End Engineering Design (FEED) services for the SAF plant in Singapore.
Where is the proposed SAF plant located?
The proposed Sustainable Aviation Fuel plant is being developed on Jurong Island, Singapore.
What technology will KBR use for this project?
KBR will utilize its PureSAF℠ technology, which enables a 100% drop-in jet fuel solution.
What is the expected production capacity of the SAF plant?
The plant is planned to produce up to 100,000 tons of SAF per year, pending approvals.
How does KBR contribute to decarbonization efforts?
KBR implements innovative technologies in areas like biofuels, SAF, and waste-to-energy to reduce emissions and support energy transition.
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 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $KBR stock by insiders over the last 6 months:
- SHAD E. EVANS (EVP & Chief Financial Officer) purchased 8,375 shares for an estimated $256,275
- THAER LEWIS VON purchased 3,000 shares for an estimated $92,310
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$KBR Revenue
$KBR had revenues of $1.9B in Q4 2025. This is a decrease of -11.17% from the same period in the prior year.
You can track KBR financials on Quiver Quantitative's KBR stock page.
You can access data on KBR stock through the Quiver Quantitative API.
$KBR Hedge Fund Activity
We have seen 205 institutional investors add shares of $KBR stock to their portfolio, and 233 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- PERMIAN INVESTMENT PARTNERS, LP removed 3,182,791 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $127,948,198
- FRANKLIN RESOURCES INC removed 2,416,050 shares (-90.0%) from their portfolio in Q1 2026, for an estimated $89,055,603
- GATES CAPITAL MANAGEMENT, INC. added 2,091,565 shares (+inf%) to their portfolio in Q1 2026, for an estimated $77,095,085
- MACQUARIE GROUP LTD removed 1,587,179 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $63,804,595
- ENGINE CAPITAL MANAGEMENT, LP added 1,406,746 shares (+1129.3%) to their portfolio in Q1 2026, for an estimated $51,852,657
- BLACKROCK, INC. added 1,384,126 shares (+11.4%) to their portfolio in Q1 2026, for an estimated $51,018,884
- MORGAN STANLEY removed 1,206,799 shares (-43.9%) from their portfolio in Q1 2026, for an estimated $44,482,611
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$KBR Price Targets
Multiple analysts have issued price targets for $KBR recently. We have seen 3 analysts offer price targets for $KBR in the last 6 months, with a median target of $40.0.
Here are some recent targets:
- Steven Fisher from UBS set a target price of $36.0 on 05/21/2026
- Andrew Kaplowitz from Citigroup set a target price of $50.0 on 05/06/2026
- Jerry Revich from Wells Fargo set a target price of $40.0 on 04/13/2026
Full Release
HOUSTON, June 29, 2026 (GLOBE NEWSWIRE) -- KBR (NYSE: 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 (Keppel) Infrastructure Division and Aster Chemicals and Energy (Aster) 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.
Keppel and Aster announced their partnership to jointly assess the development of the facility earlier this year. 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.
“We are looking forward to working with Keppel and Aster on this key project and to support Singapore’s ambition of becoming Asia’s leading SAF hub and advancing the ongoing efforts to decarbonize the country’s aviation ecosystem,” said Stuart Bradie, KBR President and CEO. “KBR’s PureSAF is a feedstock-flexible, bankable technology that is designed to deliver a 100% drop in jet fuel, ready to power aircraft without blending. We are constantly innovating our SAF solution to make it compatible with feedstock availability in different regions and to enable the aviation industry to transition to low-carbon jet fuel with a cost-optimized approach.”
In addition, KBR has entered into a Memorandum of Intent with Keppel’s Infrastructure Division to collaborate on decarbonization across energy transition technologies, particularly in waste-to-energy, plastic recycling, biofuels, SAF, and AI-driven digitalization.
KBR has over a 100-year history of providing clean fuel solutions and remains at the forefront of pioneering decarbonization initiatives through continuous process innovation and by harnessing low-carbon technologies to effectively reduce emissions.
About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 36,000 people worldwide with customers in more than 85 countries and operations in over 28 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 technology licensing and Front-End Engineering Design (FEED) 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
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]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/b8890718-dc4b-46bc-95d5-5e4b57769756
