---
schema_version: "secwatch.filing_event.v1"
accession: "0001357615-23-000118"
form_type: "8-K"
ticker: "KBR"
cik: "0001357615"
company_name: "KBR, INC."
filed_at: "2023-07-27T23:59:59+00:00"
generated_at: "2026-06-13T00:04:51.285978+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "medium"
source: SEC EDGAR
---

# KBR raises FY23 Adj. EBITDA guidance; resolves legacy litigation, repurchases $100M notes

## Summary
- Raised FY2023 Adjusted EBITDA guidance citing strong first-half revenue and cash flow.
- Resolved a legacy legal matter and repurchased $100M in convertible notes and warrants.
- Backlog and options totaled $21.1B as of June 30, 2023; TTM book-to-bill 1.1x (excl. UK PFIs).
- Sustainable Technology Solutions posted 1.4x TTM book-to-bill; won Avina Clean Hydrogen green ammonia project.
- Net income was negatively impacted by losses on notes repurchase and legal settlement, but core operations performed well.

## SEC filing metadata
- accession: 0001357615-23-000118
- form_type: 8-K
- ticker: KBR
- cik: 0001357615
- company_name: KBR, INC.
- filed_at: 2023-07-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: medium
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1357615/000135761523000118/0001357615-23-000118-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1357615/000135761523000118/kbr-20230727.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001357615-23-000118
- JSON: https://secwatch.observer/filing/0001357615-23-000118.json
- Plain text: https://secwatch.observer/filing/0001357615-23-000118.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.