KBR reported $1.9 billion in revenue during the third quarter of fiscal year 2025 and recorded $4.2 billion in Q3 bookings and options with a book-to-bill of 1.4x on a trailing 12-month basis. In an earnings release published Thursday, the Houston-based engineering contractor said Q3 net income was $115 million and adjusted earnings before interest,...
Astrion has promoted Logan Palmer, most recently senior capture manager, to vice president of business development for the national security space. Palmer announced his promotion at the defense technology company in a LinkedIn post published Friday. He brings to the role over 17 years of business development experience in support of defense, aerospa...
KBR’s Mission Technologies Solutions, or MTS, business segment reported $1.4 billion in fiscal 2025 second-quarter revenues, up 7 percent from the prior-year period, and posted $141 million in Q2 adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, a 6 percent increase from the year-ago quarter. MTS, formerly KBR...
KBR reported a strong performance in the first quarter of 2025, with double-digit growth in both revenue and adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA. Q1 2025 Financial Highlights The aerospace and defense company said Tuesday it gained revenue of $2.1 billion, up 13 percent compared to the prior year. The a...
John Song, a managing director at Baird’s Global Investment Banking Group, received his 2025 Wash100 Award from Executive Mosaic CEO Jim Garrettson during a recent meeting. Founded in 2014 by Garrettson, the Wash100 Award celebrates the most impactful and influential executives transforming the government contracting industry. The 100 awardees...
Maximus has appointed technology leader Duncan McCaskill as vice president of data and Ron Leidner, most recently a senior adviser at the Internal Revenue Service, as VP of client engagement at the company’s federal services business. McCaskill and Leidner announced their new roles at the McLean, Virginia-based government services contractor i...
KBR reported $2.1 billion in fiscal 2024 fourth-quarter revenue, up 23 percent from the prior-year period, and saw its full-year revenues increase 11 percent to $7.7 billion, reflecting a 9 percent organic growth. Q4, Full-Year Financial Highlights In an earnings release published Monday, the Houston-based engineering contractor said Q4 net income w...
The U.S. Space Force has awarded 12 companies positions on a potential 10-year, $2.5 billion contract to provide advisory and assistance services for Space Systems Command. The Department of Defense said Wednesday the Hemisphere program is a multiple-award, indefinite-delivery/indefinite-quantity contract that seeks to support SSC’s Space Doma...
Eric Holstrom, a space and defense business development professional, has been appointed vice president of business development for national security space at Astrion, according to a LinkedIn post the executive shared Sunday. Holstrom previously worked at Axient as the vice president of growth for the company’s space segment. In his...
KBR (NYSE: KBR) reported $1.9 billion in revenue during the second quarter of fiscal year 2024, up 6 percent from the prior-year period, and recorded $2.1 billion in Q2 bookings and options with a book-to-bill of 1.0x on a trailing 12-month basis. The Houston-based engineering contractor said Wednesday its Q2 net income was $106 million...
