EME raises its 2026 outlook as record backlog and data-center demand drive growth, but labor constraints and margin pressures could test execution.

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EME's record backlog, rising data center demand and higher 2026 guidance support growth, but premium valuation and project execution risks warrant attention.

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(RTTNews) - KBR Inc., (KBR), an engineering and technology company on Tuesday announced the award of an engineering contract by Saudi Arabian Oil Company (2222.sr) or Aramco, an energy and chemical company, to support operations across the Marjan offshore field in Arabian Gulf.

KBR Secures Contract For Aramco's Marjan Field Development 

HOUSTON, Oct. 01, 2026 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today the appointment of Rami Qasem to its board of directors effective October 1, 2026. Mr. Qasem, 59, is a global energy, technology, and industrial executive with nearly 30 years of international leadership experience across oil and gas, industrial technology, digital transformation, artificial intelligence, and government partnerships. He served as Chief Executive Officer of APEX Industrial Services from 2025 to February 20

KBR Appoints Rami Qasem to Board of Directors

Over the last six months, KBR’s shares have sunk to $35.16, producing a disappointing 6.3% loss - a stark contrast to the S&P 500’s 16.6% gain. This might have investors contemplating their next move.

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STRL's Texas footprint, rising E-Infrastructure backlog and strong data-center demand are fueling rapid growth and expanding its infrastructure opportunity.

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KBR, Inc. provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. The company operates through Government Solutions and Sustainable Technology Solutions segments. It offers research and development, advanced prototyping, acquisition support, systems engineering, cyber analytics, space domain awareness, test and evaluation, data analytics and integration, systems integration and program management, global supply chain management, operations readiness and support, and professional advisory services, as well as command, control, communications, computers, intelligence, surveillance, and reconnaissance services to defense, intelligence, space, aviation, and other programs and missions for military and other government agencies. The company also operates portfolio of various proprietary process technologies for ammonia/syngas, chemical/petrochemicals, clean refining, and circular process/circular economy solutions. In addition, it provides synergistic services, including energy security, broad-based energy transition and net-zero carbon emission solutions, high-end engineering, design and program management centered around decarbonization, energy efficiency, and environmental impact and asset optimization, as well as digitally-enabled operating and monitoring solutions. KBR, Inc. was founded in 1901 and is headquartered in Houston, Texas.

KBR, Inc. News