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Latest Federal & Government Contracting Companies' News Coverage

Latest Federal & Government Contracting Companies' News Coverage

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KBR Inc. has won a five-year, $50 million contract to renovate, repair and maintain the U.S. Navy‘s base in Africa. The Naval Facilities Engineering Command awarded the indefinite-delivery/indefinite-quantity job order to KBR to support the Defense Department‘s activities in Djibouti, Africa, KBR said Friday. “KBR’s prior success working in Djibouti has led to the award of this contract,” said Stuart […] More
KBR, a provider of engineering and technology solutions, has announced its first quarter fiscal 2024 results that showed adjusted EBITDA growth with margin expansion. In a press release Tuesday, Stuart Bradie, president and CEO of KBR, said, “KBR’s extraordinary team has yet again surpassed expectations, delivering outstanding first-quarter results.” He noted the year-over-year increases across […] More
Cliff Gornto, senior vice president of Business Development with KBR, recently spoke with ExecutiveBiz regarding the implementation of recent acquisitions to the company as well as their impact on KBR’s quarterly performance results and overall growth in the federal marketplace. In addition, Gornto discussed the core values that continue to drive KBR in the federal sector and across […] More
Sonia Galindo, a corporate, securities and governance attorney who was with the former FLIR Systems company, was named as executive vice president and general counsel at KBR, where she will help align company efforts with its high ethical standard. Stuart Bradie, president and CEO of KBR, said in a statement published Monday Galindo will contribute […] More
NASA has awarded a two-year, Base Operations and Spaceport Services contract to the joint venture PAE-SGT Partners LLC, known as PSP, with a potential value of $608.7 million to provide support services at the Kennedy Space Center and Cape Canaveral Air Force Station, KBR announced on Monday. The contact has three two-year options after the initial two years. More
TYSONS CORNER, VA, March 8, 2019 — KBR (NYSE: KBR) has reported an 18-percent increase in full-year revenue to $4.9B in fiscal year 2018 and $1.3B in revenue in the fourth quarter, which President and CEO Stuart Bradie says is the company’s eighth straight quarter with “strong revenue, earnings and cash flow,” GovCon Wire reported […] More
KBR has announced that it does not expect the liquidation of British construction and facilities management provider Carillion to result in any disruption in the delivery of services for a U.K. defense project being carried out by its joint venture with the latter company. “We’ve been aware of Carillion’s challenges for some time and have […] More
KBR’s Kord Technologies subsidiary demonstrated a 50 kilowatt-class laser weapon prototype on a Stryker vehicle as part of the U.S. Army’s Directed Energy Maneuver-Short Range Air Defense program during a combat shoot-off held in July at Fort Sill in Oklahoma. Byron Bright, president of KBR’s government solutions business and a 2021 Wash100 Award recipient, said […] More
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