Kbr, Inc. (NYSE: KBR)

Kbr, Inc. delivers science, technology, engineering, and logistics support solutions to the U.S. federal government, allied nations, and commercial clients worldwide. The company operates in the defense, aerospace, energy, and technology sectors, providing a range of services that include systems engineering, rapid prototyping, test and evaluation, data analytics, and sustainability-focused solutions. Kbr's expertise spans national security, defense systems, space domain awareness, human spaceflight, and energy transition, among other areas. The company leverages its deep domain expertise and full-life cycle capabilities to help clients meet their most pressing challenges, with a strong focus on innovation and mission-driven solutions.

Kbr generates revenue through a diverse portfolio of services and technologies. Its primary offerings include defense modernization solutions, national security space superiority technologies, health and human performance services, sustainable energy and industrial technology solutions, high-end defense engineering, and digital asset modernization and optimization. The company serves a broad customer base, including U.S. Department of War agencies such as the Army, Navy, Air Force, Space Force, Missile Defense Agency, National Geospatial-Intelligence Agency, and National Reconnaissance Office. Additionally, Kbr provides services to U.S. civilian agencies like NASA, U.S. Geological Survey, and National Oceanic and Atmospheric Administration, as well as international clients such as the U.K. Ministry of Defence and the Royal Australian Air Force. Commercial and industrial companies also form part of Kbr's customer base.

• Mission Technology Solutions: This segment provides full life-cycle support solutions to defense, intelligence, space, aviation, and other programs and missions for military and government agencies primarily in the U.S., U.K., and Australia. Key services include research and development, advanced prototyping, acquisition support, systems engineering, C5ISR, cyber analytics, space domain awareness, test and evaluation, data analytics and integration, systems integration and program management, global supply chain management, operations readiness and support, and professional advisory services. The segment includes the businesses of LinQuest Corporation and Infrastar Limited, which were acquired in fiscal 2024 and 2025, respectively. The disposal of HomeSafe is reported as discontinued operations and is excluded from this segment's results.

• Sustainable Technology Solutions: Anchored by a portfolio of over 85 innovative, proprietary, sustainability-focused process technologies, this segment reduces emissions, increases efficiency, and enables energy transition across the industrial base. STS offers advisory and consulting services focused on energy security, broad-based energy transition, and net-zero carbon emission solutions. It also provides high-end engineering, design, and program management centered around decarbonization, energy efficiency, environmental impact, and asset optimization, as well as digitally-enabled operating and monitoring solutions. The segment works closely with customers to provide optimal approaches to maximize their return on investment.

• Corporate: This non-core segment includes corporate expenses and selling, general, and administrative expenses not allocated to the business segments above.

Kbr holds a strong position within the industry, competing with key players such as Lockheed Martin, Boeing, and Northrop Grumman. The company differentiates itself through its distinctive mission-focused and inclusive team ethos, internationally recognized subject matter experts, and a culture of innovation and sustainability leadership. Kbr's Zero Harm philosophy prioritizes safety and environmental responsibility, and the company has achieved carbon neutrality annually since 2019 with a net-zero carbon ambition. Additionally, Kbr's portfolio of over 85 innovative, sustainable, proprietary process technologies, along with its advanced digital capabilities, positions it as a leader in providing technology-led sustainable solutions. The company's customer relationships are a key competitive advantage, with a focus on placing customer missions and objectives at the center of its planning and delivery model.

Kbr serves a diverse customer base, including domestic and foreign governments and commercial and industrial companies. Significant revenues within the Mission Technology Solutions segment are generated from key U.S. government customers such as the U.S. Army, Navy, Air Force, Space Force, Missile Defense Agency, National Geospatial-Intelligence Agency, National Reconnaissance Office, and other intelligence agencies. U.S. civilian agencies like NASA, U.S. Geological Survey, and National Oceanic and Atmospheric Administration, as well as the U.K. government, are also major clients. The company's services and technology cater to a wide range of clients seeking innovative, technical, and domain expertise, and digitally enabled, technology-led sustainable solutions.