KBR, Intuitive Machines JV Bags $719M Contract To Aid NASA's Development Of Space Orbital Systems
Portfolio Pulse from Benzinga Newsdesk
KBR and Intuitive Machines have secured a $719 million contract from NASA under the Omnibus Multidiscipline Engineering Services (OMES) III. The contract, which spans five years, will aid NASA's development of space orbital systems.
August 14, 2023 | 10:09 am
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POSITIVE IMPACT
KBR has secured a significant contract from NASA, which could boost its revenues over the next five years.
The $719 million contract from NASA is a significant win for KBR. This could lead to increased revenues over the contract period, which could positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Intuitive Machines, a partner in the LUNR ETF, has secured a significant contract from NASA, which could boost its revenues and potentially the ETF's performance.
Intuitive Machines, a company included in the LUNR ETF, has secured a significant contract from NASA. This could lead to increased revenues for Intuitive Machines, which could positively impact the performance of the LUNR ETF in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80