Today News Update – KBR, Inc. (NYSE:KBR)

KBR, Inc. (NYSE: KBR) notched a move of 0.98% to $16.54 for the day. The total traded volume was 1622730. The stock had closed at $16.38 on the previous day. KBR, Inc. is with Insider ownership of 1.00% and institutional ownership counts to -. Shares float is 138.56M and outstanding shares are at 138.91M. The float short is currently 4.65% and short ratio is 3.26.

KBR, Inc. (NYSE: KBR) declared today that its global Government Services business, KBRwyle, has been granted a $34.1 million task order to provide analytical and engineering weapons systems support to assist the U.S. Air Force (USAF) with air traffic safety and cyber threats. Specifically, KBRwyle’s work will support the USAF’s Life Cycle Management Center (AFLCMC) Engineering Directorate’s Engineering and Communication Network Branch. This branch provides engineering, integration, technical advice, and direction to all AFLCMC weapon system program offices and other organizations.

KBRwyle will offer a range of services, including system engineering analyses, cybersecurity assessments, cyber resiliency strategy development, and Air Traffic Management / Identification Friend or Foe (ATM/IFF) component testing and certification for DoD and foreign military sales requirements. KBRwyle will primarily perform this work at Wright Patterson Air Force Base in Ohio and Warner Robins Air Force Base in Georgia. The task order award period is 54 months.

The Air Force awarded this cost-plus-fixed-fee task order under the DoD’s Information Analysis Center’s (IAC) Defense Systems Technical Area Task (DSTAT) multi-award contract. KBRwyle won a seat on the DSTAT contract in June 2014.

Byron Bright, KBRwyle President said “From defending against cyber threats to ensuring air traffic safety, KBRwyle is committed to supporting the Air Force through this new contract”. “Our depth of technical and programmatic experience and engineering expertise makes us uniquely qualified to fill this role.”

KBRwyle has performed ATM / IFF certification analysis support for 30 years. KBRwyle is a leading systems engineering and integration provider to the U.S. military, and has supported more than 135 aircraft platforms. Revenue associated with this contract award will be booked into the backlog of unfilled orders for KBR’s Government Services business segment.

KBR, Inc. (NYSE: KBR) stock made income 270.00M on sales of 4.17B. ROA sticks to 11.70% and ROI is 17.00%. Shares have moved -23.76% from its 1 Year high price and changed 23.80% from its 1 Year low price. The shares registered RSI (14) at 45.07 and ATR factor was seen at 0.67. The stock has recorded a 200-day Moving Average of -5.29% and the 50-Day Moving Average is -10.35%. The shares registered one year high at $21.69 and the one year low was seen at $13.36.

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