KBR Awarded Engineering Support Service Contract

On November 2, KBR, Inc. (KBR) announced that the company was awarded a new contract to provide engineering support services for Abu Dhabi Gas (Al Hosn Gas). KBR will provide equipment, personnel, and technical support for facilities in the United Arab Emirates. KBR provides global professional and technical support for government and hydrocarbon services industries.

 

Sonal caught the news and issued an alert at 9:47 am. The stock opened for the day at $19.41 and closed with a gain of $0.28. KBR’s price continued to trend higher for the next few days on the news. The stock closed on November 9 at $20.83.

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