Published on 28 May 2024 on Zacks via Yahoo Finance
KBR, Inc. KBR has been reaping benefits from its diversified service portfolio, which includes the Government Solutions (GS) segment and the Sustainable Technology Solutions (STS) unit.The GS segment’s contribution remains solid, thanks to the growth in the U.S. budget, especially toward emerging technologies accompanied by the increased demand patterns in its international business.Moreover, the company’s strong liquidity provides it enough room to boost investors’ value.However, stiff competition, as well as increased costs and expenses, are hindering the company’s prospects to some extent. Shares of this global engineering, construction and services firm have gained 13.8% in the past year compared with the Zacks Engineering - R and D Services industry’s 53% growth.
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