KBR gains after landing NATO contract for PATRIOT air and missile defense system
17/08/2026 12:43
BUZZ-KBR gains after landing NATO contract for PATRIOT air and missile defense system ** KBRKBR.N shares gain 1.7% to $39 premarket
** Co wins NATO contract with initital ceiling of $60 million for PATRIOT air and missile defense system
** KBR will provide advanced command-and-control capabilities designed to connect sensors and shooters across the battlespace, over a five-year period
** Last month, co delivered Q2 profit beat on STS project ramp-up
** Four out of nine brokerages rate stock "buy" or higher; their median PT is $43 - LSEG data
** Up to last day's close, the stock is down 4.5% YTD
(Reporting by Sudeshna Ghoshal in Bengaluru)
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