$KBR

The Pentagon selected four directed-energy weapons for a counter-drone pilot program at U.S. bases. The systems are AeroVironment’s Palletized High-Energy Laser, Epirus’ Leonidas, Kord’s Firefly, and Boeing’s Compact Laser Weapon System. The pilot, led by Joint Interagency Task Force 401, will test these systems' performance, cost, and maintenance. The program aims to integrate and sustain these capabilities for homeland defense.

KBR (NYSE: KBR) secured a contract from Aramco to upgrade facilities in the Marjan offshore field. The project involves engineering and project execution services for offshore processing, gas compression, and power infrastructure. KBR aims to maintain production capacity and enhance gas processing capabilities. The work will be executed from Houston and Al-Khobar offices. KBR is a global lifecycle solutions company with 15,000 employees across 40 countries.

KBR, Inc. appointed Rami Qasem as an independent director to its Board, effective October 1, 2026. Qasem has nearly 30 years of experience in energy, technology, and industrial leadership, including roles at APEX Industrial Services and Baker Hughes. Committee assignments will be disclosed later.

KBR appointed Rami Qasem to its board on October 1, 2026, as part of its plans to separate its Mission Technology Solutions business in January 2027. The move aligns with the company's strategy to focus on energy and digital sectors.

KBR (NYSE: KBR) filed a Form 10 registration statement with the SEC for the planned spin-off of its Mission Technology Solutions (MTS) business, to be named Trinzic and traded as TZIC. The spin-off, expected in January 2027, will position Trinzic as a global provider of mission-critical solutions. KBR and Trinzic will host Investor Days in November 2026. The transaction is intended to be tax-free for shareholders, subject to customary conditions and approvals.

KBR and its planned spin-off, Trinzic, will hold separate Investor Day events in November. KBR will discuss its strategy and financial framework, while Trinzic will outline its vision and outlook. The spin-off, expected January 4, 2027, will create two standalone companies, with KBR focusing on industrial solutions and Trinzic on mission technology. Trinzic is projected to have $5B+ revenue and 18,000 employees.

Kratos (KTOS) stock fell 5.7% post-earnings, trading at $264.54. Parsons (PSN) missed revenue expectations, down 30.7% to $43. General Dynamics (GD) beat estimates, up 8.1% YoY, but stock dropped 14.2% to $337.47. KBR (KBR) reported 1.6% YoY revenue growth, beating expectations, stock down 4% to $34.50.

KBR (NYSE: KBR) won a contract from the Live Oak consortium, including TotalEnergies and others, for front-end engineering design services for a large-scale e-NG project in Nebraska. The project, planned to start operations by 2030, aims to produce e-NG using renewable hydrogen and biogenic CO2, targeting lower-carbon energy solutions. KBR highlights its expertise in hydrogen and energy transition projects.

KBR (NYSE: KBR) secured a three-year U.S. government contract for advanced radio frequency engineering. The deal, valued under a Time and Materials contract, supports national security systems. KBR will provide end-to-end manufacturing, leveraging specialized engineering and defense-grade standards. The company has supported the program for over 40 years. KBR's Mission Technology Solutions business, soon to be spun off as Trinzic, will handle the contract.

The National Science Foundation (NSF) will re-evaluate proposals for its $8B Antarctic research support contract after the Government Accountability Office (GAO) agreed with Battelle's protest. Battelle argued NSF did not fully consider KBR's plan to spin off the business into Trinzic and made evaluation errors. KBR won the 20-year contract in June, with the new company expected to launch in January.