KBR wins $1.1 billion NOAA weather data contract for five years
Get Alerts KBR Hot Sheet
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.8%
Revenue Growth %: +6.2%
Join SI Premium – FREE
KBR (NYSE: KBR) has been awarded a follow-on contract by the National Oceanic and Atmospheric Administration's National Weather Service to supply commercial weather observational data across the United States, according to a press release from the company.
The single-award contract, structured as an Indefinite Delivery/Indefinite-Quantity firm-fixed-price unit contract, carries a ceiling value of $1.1 billion over five years. The period of performance runs from September 2026 through August 2031, with program management based in Greenbelt, Maryland.
The contract falls under the Commercial Data Program National Mesonet Program (CDP NMP). Under its terms, KBR will provide weather and related observational data from commercial stations, university or research campuses, and other non-federal providers. KBR has supported the CDP NMP for more than nine years.
The work will be performed by KBR's Mission Technology Solutions business, which the company plans to spin off as an independent public company in January 2027 under the name Trinzic. The spun-off entity is expected to launch with more than $5 billion in annual revenue and approximately 18,000 employees.
"This award underscores KBR's proven track record of delivering vital data that strengthens national forecasting capabilities," said Todd May, Senior Vice President of Mission Technology Solutions.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Google and Blackstone data-center venture hits delays at key sites - Bloomberg
- Argo Graphene raises private placement target to $1.5M
- Troubadour Resources plans $950,000 private placement financing
Create E-mail Alert Related Categories
Corporate NewsRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share