Highest-materiality recent filing
Cash severance multiple for non-CEO executives increased from 1.0x to 1.5x (base salary + target bonus).
KBR shareholders elect all 11 director nominees, approve say-on-pay, ratify KPMG
All 11 director nominees elected; each received over 99% of votes cast, except Dugle (92%) and Manzoni (97%).
KBR Q1 revenue $1.9B (-5%); adj. EBITDA $251M (+1%); EPS $0.80 (-9%)
Revenue of $1.9B, down 5% YoY on expected EUCOM contingency runoff.
KBR Q4 revenue down 11% to $1.9B; net income up 46%; FY2025 EPS up 15%
Q4: Revenue $1.9B (-11% YoY), net income $111M (+46%), diluted EPS $0.87 (+53%).
KBR Q3 FY2025 Adjusted EPS $1.02 (+21% YoY); Revenue $1.9B; EBITDA up 10%
Revenue of $1.9B; net income attributable to KBR of $115M; diluted EPS $0.90.
KBR finalizes CFO Shad Evans appointment; enters severance agreement
Shad E. Evans assumes CFO role effective Jan 5, 2026; entered severance & CIC agreement on Oct 22, 2025.
KBR announces tax-free spin-off of Mission Technology Solutions; expects completion mid-2026
KBR plans to spin off Mission Technology Solutions (MTS) into a separate public company; expected completion mid-to-late 2026.
KBR amends 8-K to disclose committee assignments for new director Huibert H. Vigeveno
Huibert H. Vigeveno appointed to Nominating and Corporate Governance Committee effective August 20, 2025.
KBR appoints Huibert Vigeveno, ex-Shell executive, to board of directors
Vigeveno appointed to board effective Aug 5, 2025; term expires at 2026 annual meeting.
KBR Q2 FY2025 revenue $2B (+6%), adj EPS $0.91 (+10%); revises FY2025 guidance downward
Revenue $2.0B (+6% YoY); Adj EBITDA $242M (+12%), margin 12.4%; Adj EPS $0.91 (+10%).
KBR COO Byron Bright resigns effective July 11, 2025; $1.5M severance
Bright resigns as COO; receives $1.5M lump-sum severance and release under Jan 2021 agreement.
KBR joint venture HomeSafe Alliance loses TRANSCOM global household goods contract
HomeSafe Alliance, a KBR (NYSE:KBR) joint venture, notified on June 18, 2025 by TRANSCOM that its role in the Global Household Goods Contract is terminated.
KBR CAO Alison Vasquez resigns; Shad Evans interim, Jennefer Taylor appointed permanent CAO
Alison Vasquez notified KBR of her resignation as SVP, CAO, effective June 18, 2025, to pursue another opportunity.
KBR shareholders elect 10 directors, approve exec comp, ratify KPMG, adopt charter amendment
Out of 129,735,164 shares outstanding, 122,739,247 were present at the May 14, 2025 annual meeting.
KBR Q1 revenue $2.1B (+13%), adj EPS $0.98 (+27%), repurchased $150M shares
Net income $116M; diluted EPS $0.88; adjusted EPS $0.98, up 27% YoY.
KBR sets COO Byron Bright's compensation: $750k salary, $1.5M LTI target
Byron Bright will become COO effective May 1, 2025; compensation package now finalized.
KBR appoints Lt. Gen. Wendy M. Masiello as Lead Independent Director
Elected unanimously by independent directors, effective at the May 2025 annual meeting.
KBR reports Q4 revenue $2.1B (+23% YoY), FY adj. EPS $3.34; issues FY2025 outlook
Q4 revenue $2.1B (+23% YoY, 15% organic); FY revenue $7.7B (+11%).
KBR realigns segments, renames Government Solutions, appoints COO and Chair Elect
Segment realignment: Government Solutions renamed Mission Technology Solutions; GS International business unit eliminated and integrated into both segments.
KBR's Board Chair Lyles to retire at 2025 annual meeting; Byron Bright named COO effective May 2025
General Lyles to retire as Board Chair at conclusion of 2025 annual meeting; served on board since 2007, Chair since 2019.
KBR board member Mark Baldwin retires; board size reduced to 10
Mark Baldwin retired from KBR Board effective December 7, 2024, after serving since October 2014.
KBR raises FY 2024 guidance after Q3 beat; bookings hit $3.3B
Q3 revenue, adjusted EBITDA, and adjusted EPS grew year-over-year; specific figures not disclosed.
KBR amends bylaws to revise proxy access and advance notice rules for director nominations
Board adopted amended and restated bylaws effective October 16, 2024.
KBR secures $550M delayed draw term loan for LinQuest acquisition, refinances $997.5M term B loan
New $550M delayed draw term A-2 loan available for 180 days to fund pending LinQuest Corp acquisition; matures Aug 13, 2027.
KBR appoints Nchacha E. Etta to Board of Directors effective August 12, 2024
Etta is EVP and CFO of Omnicell, with over 20 years of finance experience at Johnson & Johnson, Coca-Cola, and others.
KBR raises profit and cash flow guidance; agrees to acquire LinQuest
Q2 FY2024 results: strong performance; raising profit and cash flow guidance for the year.
KBR to acquire LinQuest for $737M; expected close Q3/Q4 2024
Purchase price $737M, represents ~11x 2025 FY Adj. EBITDA multiple.
All 11 director nominees elected with strong support; each received >114M votes for.
KBR holds 2024 Investor Day; slides furnished, no specific metrics in filing text
Investor Day webcast held May 8, 2024; presentation slides furnished as Exhibit 99.1.
KBR Q1 FY2024: Adjusted EBITDA grows YoY; bookings $1.9B, backlog $20.8B
Adjusted EBITDA grew year-over-year with margin expansion; operating cash flow improved.
KBR appoints Alison Vasquez as CAO; Shad Evans to CFO of Sustainable Tech Solutions
Shad E. Evans transitions from SVP, Finance Operations & CAO to CFO of Sustainable Technology Solutions segment, effective May 1, 2024.
KBR holds STS Primer webcast; no financial metrics disclosed
KBR held Sustainable Technology Solutions (STS) Primer webcast on March 12, 2024.
KBR reports fiscal 2023 backlog up 10% to $21.7B, dividend up 11%, issues 2024 guidance
Fiscal 2023 backlog and options $21.7B, up 10% YoY; TTM book-to-bill 1.1x (excl. UK PFIs).
KBR amends credit agreement, extends $1.0B revolver and ~$468M term loans to 2029
Revolving facility commitments remain $1.0B; $117M drawn post-amendment.
KBR closes $1B incremental term B loan, extends maturity to 2031
Borrowed $1.0B incremental Term B loan; used to repay existing term B loans and partially reduce revolver.
KBR terminated warrant transactions with Bank of America, Citibank, and BNP Paribas via unwind agreements.
KBR reports Q3 2023 with 9% organic revenue growth, retires convertible notes
Reported 9% organic revenue growth and strong margins in Q3 2023.
KBR raises FY23 Adj. EBITDA guidance; resolves legacy litigation, repurchases $100M notes
Raised FY2023 Adjusted EBITDA guidance citing strong first-half revenue and cash flow.
KBR amends credit agreement to replace LIBOR with Term SOFR for Term B facility
Amendment No. 9 dated June 6, 2023 replaces LIBOR with Term SOFR for Term B loans.
KBR to repurchase $100M of 2.5% convertible notes due Nov 2023; expects $188M net outflow
Repurchasing $100M principal of its $350M 2.50% Convertible Senior Notes due Nov 1, 2023, from certain holders.
KBR stockholders elect all nine director nominees and ratify KPMG at 2023 annual meeting
All nine director nominees elected with over 98% of votes cast in favor (e.g., Bradie 124.5M for; Lyles 122.9M).
KBR Q1 2023 net income $86M, adjusted EPS $0.67, bookings $3.1B, 1.4x TTM book-to-bill
Revenue $1,703M flat YoY but up 18% ex-OAW; net income $86M vs -$71M in Q1'22.
KBR amends bylaws to add proxy access, align with Delaware law, and update director nomination rules
Shareholder proxy access provisions added for director nominations.
KBR reports Q4 revenue $1.6B, adj. EPS $0.69; FY 2023 guidance issued; dividend raised 12.5%
Q4 revenue $1.6B (+23% ex-OAW YoY); adj. EPS $0.69; adj. EBITDA margin 10%.
KBR amends credit agreement to replace LIBOR with Term SOFR and adjust fiscal year
Amendment No. 8 replaces LIBOR with Term SOFR for Term A-2 and Revolving Credit Facilities.
KBR refinances $99.3M Term A-1 loans via Amendment No. 7, converts to USD SOFR-based loans
Amendment No. 7 replaces ~$99.3M AUD-denominated Term A-1 loans with USD loans at SOFR plus margin.
KBR changes fiscal year from calendar year to 52-53 week year ending on Friday closest to Dec 31
Change effective for fiscal year 2023; first 53-week fiscal year in 2024.
KBR Q3 net income $74M, adj. EPS $0.65; raises FY 2022 guidance
Net income $74M, adj. EBITDA $171M (11% margins), diluted EPS $0.49, adj. EPS $0.65.
KBR Q2 adj. EPS $0.76 (+31% YoY); raises GAAP EPS guidance; acquires VIMA Group
Q2 net income $94M, diluted EPS $0.61; adjusted EPS $0.76 (+31% YoY); revenue $1.62B (+5%).
All 10 director nominees elected; votes ranged from 122.6M to 127.7M for each (no close races).
thereafter Jennefer Taylor will assume the role of Vice President, Chief Accounting Officer, effective August 1, 2025.
Effective as of Ms. Vasquez’s departure date, KBR has appointed Shad E. Evans, Senior Vice President of Financial Operations, to serve as interim Chief Accounting Officer.
Alison Vasquez notified KBR, Inc. (“KBR”) of her decision to resign from her role of Senior Vice President, Chief Accounting Officer at KBR, effective June 18, 2025, to pursue another opportunity.
KBR, Inc. (“KBR”) announced on August 12, 2024, the appointment of Nchacha E. Etta to its Board of Directors effective August 12, 2024.
The Company has appointed Alison Vasquez to the position of Senior Vice President, Chief Accounting Officer, effective May 1, 2024.
Shad E. Evans will transition from his current position as Senior Vice President, Finance Operations and Chief Accounting Officer of the Company to serve as Chief Financial Officer of the Company’s Sustainable Technology Solutions business segment.
The Board nominated Sir John A. Manzoni KCB (“Sir John”) to fill the vacancy that will be created by Mr. della Sala’s retirement.
On April 1, 2022, Umberto della Sala informed KBR, Inc. (“KBR”) of his decision to retire from the KBR Board of Directors (“Board”) effective May 18, 2022, at the conclusion of KBR’s 2022 Annual Meeting of Stockholders (“Annual Meeting”).
On October 20, 2021, Eileen G. Akerson notified KBR, Inc. (“KBR”) of her decision to retire from KBR effective October 31, 2021.
Effective July 29, 2021, the KBR Board of Directors appointed Mr. Evans as Chief Accounting Officer.
KBR announced on July 7, 2021, the appointments of Carlos A. Sabater and Lt. General Vincent R. Stewart, USMC (Ret.) to its Board of Directors effective June 30, 2021.
KBR announced on July 7, 2021, the appointments of Carlos A. Sabater and Lt. General Vincent R. Stewart, USMC (Ret.) to its Board of Directors effective June 30, 2021.
Max materiality 0.85 · Median 0.57 · Most common event earnings