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KBR Awarded $350 Million U.S. Geological Survey Contract to Advance Earth Observation

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HOUSTON, Jan. 05, 2026 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today it has been awarded a Tec...

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AI Summary

KBR has secured a $350 million Technical Support Services Contract from the USGS to enhance Earth observation capabilities. This contract aligns with the upcoming Landsat Next program set for 2030 and underscores KBR's expertise in delivering advanced technological solutions and analytics while bolstering their long-standing partnership with the USGS.

Trading Thesis

KBR's new contract positions it strongly in the growing environmental tech sector.

Market-Moving

  • KBR's stock likely to rise due to substantial government contract award.
  • Increased visibility from USGS contract may attract new investors.
  • Positive sentiment as KBR expands its role in Earth observation technology.

Key Facts

  • Contract ceiling of $350 million awarded by USGS to KBR.
  • KBR's work will utilize advanced AI and IT solutions.
  • Landsat Next satellites set to launch in 2030.
  • KBR has partnered with USGS for over 24 years.
  • Work to be conducted over five years at multiple U.S. locations.

Companies Mentioned

  • U.S. Geological Survey (USGS): USGS partnership enhances KBR's standing in Earth science.

Corporate Developments

This announcement falls into 'Corporate Developments' as it highlights KBR’s strategic partnership and its implications for technological advancements in Earth observation.

FAQ

Why Bullish?

Awards of significant contracts often drive stock price increases. Notably, KBR's historical contract wins have similarly led to positive price movements, reflecting investor confidence.

How important is it?

The contract's size and strategic importance indicate a likely positive impact on KBR's revenue and growth prospects, making it highly relevant.

Why Long Term?

The long-term nature of the contract (five years) and the strategic importance of invested technologies suggest sustained impacts on KBR's value over time.

Related Companies

KBR Secures $350 Million Contract with U.S. Geological Survey

HOUSTON, Jan. 05, 2026 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) has announced the award of a Technical Support Services Contract (TSSC) worth up to $350 million from the U.S. Geological Survey (USGS). This contract aims to provide advanced technical solutions for the Earth Resources Observation and Science (EROS) Center located in Sioux Falls, South Dakota. The new contract will place KBR at the forefront of a transformative era in Earth observation, coinciding with USGS's preparations for the groundbreaking Landsat Next mission, a three-satellite constellation set to launch in 2030.

Innovative Solutions for Earth Observation

Under this single Indefinite Delivery/Indefinite Quantity (IDIQ) contract, KBR will implement cutting-edge technologies including:

  • Cloud-native architectures
  • Artificial intelligence and machine learning (AI/ML)
  • Advanced software and systems engineering
  • Enterprise-scale IT solutions

These innovations are designed to modernize USGS’s mission-critical operations. KBR will also provide intelligent data analytics, algorithm development, secure IT infrastructure, and long-term preservation mechanisms for global Earth-observation records. This strategic initiative will empower USGS to derive deeper insights into our planet, enhancing their understanding of environmental changes.

Future-Ready Earth Observation Technologies

Equipped with advanced sensors, the forthcoming Landsat Next constellation aims to deliver exceptional capabilities, including:

  • Higher spatial resolution
  • Global coverage every six days
  • Imaging across 26 spectral bands, more than double that of current Landsat satellites

These advancements will fundamentally reshape how scientists monitor essential factors such as land use, water quality, agriculture, wildland fire, and natural resource trends. The information derived will provide actionable insights to governments, industries, and communities globally.

KBR's Longstanding Partnership with USGS

Having collaborated with USGS for over 24 years, KBR’s fifth consecutive contract win underlines the company's commitment to integrating visionary thinking with technical proficiency. Mark Kavanaugh, KBR’s President of Defense, Intelligence, and Space, stated, “The continuation of this contract is a step forward in how technology can help promote humanity's understanding and stewardship of the Earth.” He emphasized that KBR’s integration of AI, cloud-native systems, and next-generation engineering will enable USGS to deliver faster and more resilient solutions for natural resource management and disaster response.

About KBR

KBR is dedicated to delivering science, technology, and engineering solutions to both governmental and commercial clients worldwide. With a workforce of approximately 37,000 employees, KBR serves customers in more than 80 countries and operates through more than 29 countries. The company remains committed to providing technology and value-added services to its partners, ensuring consistent delivery and predictable results.

For more information about KBR, please visit www.kbr.com.

Forward-Looking Statements

The content in this press release that is not historical in nature includes forward-looking statements as defined by federal securities laws. These statements involve numerous risks, uncertainties, and assumptions that could result in different actual results from those expressed or implied. For more details regarding these risks, please refer to KBR’s most recent filings with the Securities and Exchange Commission, including the Annual Report on Form 10-K, and subsequent Form 10-Qs and 8-Ks.

Contact Information

For investor inquiries, please contact:

  • Jamie DuBray, Vice President, Investor Relations
  • Phone: 713-753-5082
  • Email: Investors@kbr.com

For media inquiries, please reach out to:

  • Philip Ivy, Vice President, Global Communications and Marketing
  • Phone: 713-753-3800
  • Email: MediaRelations@kbr.com

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