KBR has won a $2.46 billion NASA contract to provide astronaut health support, with a total potential value of up to $3.6 billion. The company has also reported Q2 adjusted earnings of $0.91 per share, beating estimates of $0.88, and revenue of $1.95 billion, which missed estimates of $2.08 billion.
KBR (NYSE: KBR) has secured a significant $2.46 billion NASA contract to support astronaut health and performance initiatives, with a total potential value of up to $3.6 billion. The contract, which begins November 1, includes a five-year base period with two optional extensions that could increase the total value to $3.6 billion through 2035 [1].
Under the Human Health and Performance Contract 2, KBR will provide essential services at NASA's Johnson Space Center in Houston, supporting various programs including the Human Research Program, International Space Station, Commercial Crew Program, and Artemis campaign. The company will focus on crew health, safety, performance, occupational health services, and research for future spaceflight missions [1].
The contract win represents a significant revenue commitment for KBR's space operations division. The scope of work encompasses critical support services across multiple NASA initiatives, positioning KBR to develop expertise in the emerging field of long-duration spaceflight medical requirements, particularly valuable as NASA pushes toward Artemis lunar missions and eventual Mars exploration [2].
In addition to the NASA contract, KBR reported its Q2 adjusted earnings of $0.91 per share, beating estimates of $0.88, and revenue of $1.95 billion, which missed estimates of $2.08 billion. The company's full-year revenue guidance of $8 billion at the midpoint came in 6.9% below analysts' estimates [3].
The company attributed the quarter’s performance to disciplined cost control and improved execution in both its Mission & Technology Solutions (MTS) and Sustainable Technology Solutions (STS) segments. CEO Stuart Bradie noted that adjusted EBITDA margins expanded, driven by strong project delivery and the company’s asset-light operating model [3].
References:
[1] https://www.washingtontechnology.com/contracts/2025/08/kbr-wins-36b-nasa-health-human-performance-contract/407423/
[2] https://www.stocktitan.net/news/KBR/kbr-awarded-an-estimated-2-459-billion-contract-to-support-astronaut-6hoy0dghpvif.html
[3] https://finance.yahoo.com/news/kbr-q2-deep-dive-revenue-031254744.html
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