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KBR
KBR delivers science, technology and engineering solutions to governments and companies around the world. It employs approximately 38,000 people worldwide with...
KBR
KBR delivers science, technology and engineering solutions to governments and companies around the world. It employs approximately 38,000 people worldwide with customers in more than 80 countries and operations in over 29 countries. KBR provides technology, value-added services, and long-term operations and maintenance services.
General information
Firm type
Corporate Investor
Year founded
1901
Location
Region
North America
Country
United States
City
Houston
Corporate office
601 Jefferson Street, Houston, TX 77002, United States
Principals
Stuart Bradie
President and Chief Executive Officer
Sector focus
Frequently asked questions
How does KBR invest its corporate balance sheet?
KBR operates as a corporate investor, not a fund manager. Capital goes into captive joint ventures and acquisitions that extend its government-services and technology franchises — such as the Affinity Flying Training Services JV with Elbit Systems — rather than into external portfolio companies or fund commitments. The firm does not report an AUM; it allocates from operating cash flow and a public-market balance sheet.
What is KBR's relationship with Halliburton?
KBR was Halliburton's engineering and construction subsidiary until its 2007 spin-off as an independent public company. The firm later shed its legacy energy-EPC business to focus on government services, science, and defense-technology programs. No ownership ties to Halliburton remain.
Which government agencies represent KBR's largest clients?
The US Department of Defense, NASA, and the UK Ministry of Defence are KBR's anchor clients. Long-term contracts include astronaut training at Johnson Space Center, logistics support for US Army prepositioned stocks, and the UK's military pilot training program through the Affinity joint venture.
Does KBR take direct equity stakes in private companies?
KBR occasionally structures minority equity positions in operating joint ventures — such as its stake in Brown & Root Industrial Services alongside One Equity Partners — but does not operate a venture-capital or private-equity portfolio. Its investment posture is captive and operational, not financial-sponsor.
How did Stuart Bradie reshape KBR's strategy?
Bradie accelerated KBR's exit from fixed-price energy megaprojects after becoming CEO in 2014. He redirected the firm toward higher-margin government services, science, and technology work — including classified-space and digital-engineering acquisitions like the 2024 purchase of LinQuest Corporation — transforming KBR from its industrial-construction roots into a pure-play defense-and-science contractor.
Does KBR maintain active energy-sector exposure?
Limited. KBR retains a minority stake in Brown & Root Industrial Services, an industrial maintenance JV serving Gulf Coast refineries and petrochemical plants. But the firm exited most of its oil-and-gas EPC business over the last decade and now categorizes its remaining energy exposure as a non-core, legacy asset.
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