KBR Lands $113M Air Force Deal To Drive Next-Gen Refueling Systems And Cybersecurity Innovation
Portfolio Pulse from Nabaparna Bhattacharya
KBR, Inc. has secured a $113 million contract with the U.S. Air Force to advance aeronautical systems research, focusing on next-gen refueling systems and cybersecurity. This contract is part of a broader initiative to enhance the Department of Defense's R&D capabilities.
September 24, 2024 | 5:06 pm
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POSITIVE IMPACT
KBR has been awarded a $113 million contract by the U.S. Air Force to enhance aeronautical systems, focusing on next-gen refueling and cybersecurity. This contract is expected to bolster KBR's position in defense R&D.
The $113M contract from the U.S. Air Force is a significant win for KBR, enhancing its role in defense R&D, particularly in aeronautical systems and cybersecurity. This is likely to positively impact KBR's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Nuveen ESG Small-Cap ETF provides exposure to KBR, which has secured a significant $113M Air Force contract. This development could positively influence the ETF's performance.
NUSC holds KBR, which has secured a major contract with the U.S. Air Force. This contract is likely to enhance KBR's performance, potentially benefiting NUSC's holdings.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
PGIM Jennison Focused Mid-Cap ETF includes KBR, which has secured a $113M Air Force contract. This could positively impact the ETF's performance.
PJFM holds KBR, which has been awarded a significant contract by the U.S. Air Force. This development is likely to positively influence PJFM's performance.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50