KBR Inc (KBR) at the Forefront of Next Generation Missile Defense Systems

KBR, Inc. (NYSE:KBR) is one of the 10 most undervalued industrial stocks to buy according to analysts. On January 7, KBR, Inc. (NYSE:KBR) announced that it had secured a prime position on the Missile Defense Agency’s (MDA) Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) contract. This Multiple-Award, indefinite delivery, indefinite quantity (IDIQ) agreement carries a significant $151 billion ceiling.

Under this contract, the company will deliver systems engineering and integration services across the sea, space, land, air, and cyberspace domains, enabling faster deployment of advanced military capabilities. The contract also permits other Department of War organizations to leverage the agreement for relevant projects.

Mark Kavanaugh, President of Defense, Intelligence, and Space at KBR, commented :

We are proud to collaborate with the Missile Defense Agency to support its next-generation missile defense mission, its critical role under the Golden Dome for America initiative, and other Department of War organizations.

The company plans to use machine learning, artificial intelligence, open systems architectures, digital engineering, and other advanced technologies to accelerate defense system solutions. The contract aligns with KBR’s ongoing efforts to expand its government contract portfolio, emphasizing advanced technology integration and systems engineering for missile defense programs.

KBR, Inc. (NYSE:KBR) operates as a provider of technology, scientific, and engineering solutions to global commercial customers and governments. The company operates through the Sustainable Technology Solutions and Government Solutions segments.

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Disclosure: None. This article is originally published at Insider Monkey.