KBR secures $350 million USGS contract, shares rise
05/01/2026 12:34
** Shares of government contractor KBR KBR.N up 4.6% at $42.40 premarket ** Co has been awarded a $350 million U.S. Geological Survey Technical Support Services contract ** Under terms of contract, KBR will deliver technical solutions for Earth Resources Observation and Science Center in Sioux Falls, South Dakota, over five years ** Work includes data analytics, algorithm development, secure IT infrastructure and long-term preservation of Earth-observation records ** Contract supports USGS's preparation for Landsat Next, a three-satellite constellation launching in 2030 with enhanced Earth observation capabilities ** KBR stock gained just 0.77% in 2025 (Reporting by Tharuniyaa Lakshmi in Bengaluru) ((tharuniyaa@thomsonreuters.com))
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