KBR Discloses MTS Revenue of $1.3B, EBITDA $158M; Spinoff Set for Jan 4, 2027
KBR sits 22% above its 52-week low of $29.94 on elevated volume (1.9× avg).
Summary
KBR provided new financial details for its Mission Technology Solutions (MTS) segment, reporting $1.3B in revenue and $158M in adjusted EBITDA with a 12.1% margin. Management noted ~94% of 2026 MTS revenue is already under contract and highlighted a large bid backlog. The Trinzic spinoff is now targeted for January 4, 2027, a concrete date that adds clarity to the restructuring timeline. Separately, Citigroup trimmed its price target by $1 to $49, a minor adjustment. This follows the Q2 earnings beat and guidance reaffirmation on July 30, adding segment-level granularity and a firm spinoff date that traders can use to model the separation.
At the time of this announcement, KBR was trading at $36.61 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $4.6B. The 52-week trading range was $29.94 to $52.23. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.