KBR Secures $117M U.S. Navy Contract to Support Global F/A-18 Fleet

KBR, Inc. KBR has expanded its U.K. presence after securing a U.S. Navy contract to provide Foreign Military Sales support for the Naval Air Systems Command’s (NAVAIR) F/A-18 and EA-18G Program Office (PMA-265). Under this contract, the company will continue to support international operators of the F/A-18 fighter jet, including those from Australia, Finland and Switzerland.The five-year contract, valued at up to $117 million, reinforces KBR’s position as a trusted partner to the U.S. Navy and allied nations in delivering critical support for the F/A-18 and EA-18G programs under PMA-265.Following the news, shares of KBR gained 1.9% during trading hours yesterday.KBR’s Work Scope in the New ContractUnder the new agreement, KBR will deliver program management, engineering, financial and logistics support to sustain F/A-18 aircraft systems for partner nations, including Australia, Finland and Switzerland. The company will also provide PMA-265 with acquisition and training assistance, lifecycle logistics expertise and communications-security support to help ensure these international fleets remain fully mission-ready.Leveraging more than 40 years of experience across all F/A-18 variants, KBR offers deep technical capabilities in systems engineering, resolution of manufacturing-source and material-shortage challenges, cybersecurity and advanced technology development. This long-standing expertise reinforces the company’s role as a reliable, long-term partner to the U.S. government.Strong Backlog Growth MomentumDemand for KBR’s capabilities across defense, space and energy security continues to accelerate, driving increased need for its engineering, cyber and mission-support expertise. Supported by robust government and international priorities, the company remains well-positioned to deliver critical, high-value solutions across these strategic sectors.At the end of the third quarter of fiscal 2025, KBR’s backlog and options were $23.35 billion, up 5.6% year over year from $22.11 billion and 13.5% from $20.58 billion as of fiscal 2024-end, with a trailing 12-month book-to-bill of 1.4x. The quarter featured several notable contract wins across both Mission Technologies (MTS) and Sustainable Technology Solutions (STS). In MTS, the company secured a major recompete: a $2.5 billion base contract with an additional $1 billion in options to support astronaut health and human performance for NASA. In STS, new awards included front-end engineering design work for Indonesia’s Abadi LNG project, a multi-year extension with Basra Oil Company in Iraq, program management consultancy for power and water networks in the UAE, and heavy-oil and energy-security FEED support for Kuwait Oil Company.KBR’s Stock Price PerformanceKBR stock has declined 23% year to date against the Zacks Engineering - R and D Services industry’s 15.4% growth. Despite solid execution and strong international momentum, the company’s outlook has been pressured by the U.S. government shutdown, which has delayed new awards and protest resolutions, as well as slower funding activity in the U.K. defense market.Image Source: Zacks Investment ResearchKBR’s Zacks Rank & Key PicksKBR currently carries a Zacks Rank #3 (Hold).Some better-ranked stocks from the Construction sector are:Everus Construction Group ECG presently sports a Zacks Rank #1 (Strong Buy). The company delivered a trailing four-quarter earnings surprise of 51.8%, on average. ECG stock has jumped 43.7% year to date. You can see the complete list of today’s Zacks #1 Rank stocks here.The Zacks Consensus Estimate for ECG’s 2026 sales and earnings per share (EPS) indicates growth of 7.4% and 5.7%, respectively, from the year-ago period’s levels. Sterling Infrastructure, Inc. STRL flaunts a Zacks Rank of 1 at present. The company delivered a trailing four-quarter earnings surprise of 14%, on average. Sterling stock has surged 97.3% year to date.The Zacks Consensus Estimate for STRL’s 2026 sales and EPS indicates growth of 19.1% and 14.6%, respectively, from the prior-year levels.Great Lakes Dredge & Dock GLDD sports a Zacks Rank of 1 at present. The company delivered a trailing four-quarter earnings surprise of 65.5%, on average. Great Lakes Dredge & Dock stock has gained 14.2% year to date.The Zacks Consensus Estimate for GLDD’s 2026 sales and EPS indicates growth of 4.8%, while EPS indicates a decline of 0.6% from the prior-year levels.Quantum Computing Stocks Set To SoarArtificial intelligence has already reshaped the investment landscape, and its convergence with quantum computing could lead to the most significant wealth-building opportunities of our time.Today, you have a chance to position your portfolio at the forefront of this technological revolution. In our urgent special report, Beyond AI: The Quantum Leap in Computing Power, you'll discover the little-known stocks we believe will win the quantum computing race and deliver massive gains to early investors.Access the Report Free Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report KBR, Inc. (KBR): Free Stock Analysis Report Sterling Infrastructure, Inc. (STRL): Free Stock Analysis Report Great Lakes Dredge & Dock Corporation (GLDD): Free Stock Analysis Report Everus Construction Group, Inc. (ECG): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks