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KBR welcomes Chief Executive Officer of Trinzic, the spin-off of its Mission Technology Solutions business, and announces new Investor Relations lead. HOUSTON, Sept. 24, 2026 (GLOBE NEWSWIRE) - KBR (NYSE: KBR) is pleased to welcome Michael LaRouche on his first day as President and Chief Executive Officer-Designate of Trinzic, the planned spin-off of KBR's Mission Technology Solutions business. Michael will shape the strategic direction, accelerate growth and drive performance for Trinzic, which is expected to launch on January 4, 2027, as a publicly traded global company. Trinzic is backed by decades of experience on the highest-priority national security and space missions and will deliver technology-forward solutions to governments, partners and allies worldwide. "We're building Trinzic on an incredible foundation of deep technical capabilities, mission expertise and the trust of our customers," said Michael LaRouche. "We're building Trinzic on an incredible foundation of deep technical capabilities, mission expertise and the trust of our customers to perform when there is no margin for error," LaRouche said. "I'm excited to work alongside our talented teams around the world to shape Trinzic's future, with a shared focus on moving with greater agility, embracing innovation and creating even more value for our customers and shareholders." Trinzic will employ 18,000 engineers, scientists and other domain experts who are embedded in the programs they serve or stationed at the company's 60 locations around the world. LaRouche is based in the company's principal executive office in Arlington, Virginia. Trinzic's significant footprint in Washington, D.C. allows for close engagement with policymakers and enables collaboration with the Pentagon and intelligence community customers, helping them navigate complexity and make decisions with confidence. As an independent company, Trinzic will have more than $5 billion in revenue and a diverse portfolio spanning integrated air and missile defense, human performance, global operations, space exploration and space domain awareness. LaRouche will oversee the company's strategy and execution, drawing on three decades of experience gained through senior leadership roles at Serco, SAIC, Raytheon and Lockheed Martin. In anticipation of the planned spin-off, KBR also announced that Gabe Butler will join the company on October 5 as Vice President-Designate of Investor Relations for Trinzic. Butler brings more than 14 years of experience across program finance, investor relations and Financial Planning and Analysis (FP&A). He most recently served as Director of FP&A for the Government Operations segment at BWX Technologies and previously held finance and investor relations leadership roles at Leidos. Butler will play a key role in preparations for and execution of Trinzic's inaugural Investor Day on November 12 in New York City. Trinzic's executive leadership team will provide additional details on its strategic vision, growth strategy and financial outlook at the event. The planned spin-off is intended to be tax-free to KBR and its shareholders for U.S. federal income tax purposes and remains subject to customary conditions, including regulatory approvals and final approval by KBR's Board of Directors. Following the spin-off, New KBR will continue to be led by Stuart Bradie and will encompass the company's Sustainable Technology Solutions business. About KBR KBR is a global, capital-light lifecycle solutions company serving customers in high-complexity industrial, energy and infrastructure markets. Through its advisory, technical, engineering and operating expertise, KBR helps customers shape investments, reduce risk, deploy complex technologies, improve performance and deliver reliable outcomes across the asset lifecycle. Following the planned separation of the Mission Technology Solutions business, KBR will operate as a focused standalone company with differentiated customer relationships, global execution capabilities and a capital-efficient business model. The company is positioned to benefit from long-term secular growth trends across energy security, energy transition, industrial modernization, and infrastructure investment. KBR's 15,000 employees operate across more than 40 countries. About Trinzic KBR's Mission Technology Solutions business is expected to be spun off as an independent public company in January 2027 and will then operate under the new name Trinzic. The name is inspired by the word intrinsic, reflecting the essential capabilities, deep expertise, speed and trusted performance that have defined the business for decades. Trinzic will enter the market as a global company and partner to customers supporting some of the highest priority missions across national security, human performance, global operations and space. Trinzic will launch with more than $5 billion in annual revenue, established partnerships and contracts, 18,000 employees and a global footprint. Forward Looking Statements The statements in this press release that are not historical statements, including statements regarding the spin-off KBR's Mission Technologies Solutions business and future performance of SpinCo and KBR, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks, uncertainties and assumptions, many of which are beyond the company's control, that could cause actual results to differ materially from the results expressed or implied by the statements. These risks, uncertainties and assumptions include, but are not limited to, those set forth in the company's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks and other U.S. Securities and Exchange Commission filings, which discuss some of the important risks, uncertainties and assumptions that the company has identified that may affect its business, results of operations and financial condition. Due to such risks, uncertainties and assumptions, you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason. For further information, please contact: Investors Rachael Goldwait Vice President, Investor Relations 713-753-5082 [email protected] Media Philip Ivy Vice President, Global Communications and Marketing 713-753-3800 [email protected]

KBR and AKT sign engineering deal for Iraq's West Qurna gas capture project. Baghdad (IraqiNews.com) - KBR and AKT have signed a contract to complete the comprehensive engineering design for Iraq's West Qurna Gas Capture Project, which advances Basrah Gas Company's efforts to collect associated gas and minimize flaring in southern oilfields. Download Interactive Maps KBR will offer engineering expertise for the design work in partnership with AKT, since the project is part of Basrah Gas Company's (BGC) larger gas collection initiative. The project aims to collect associated gas generated with crude oil from West Qurna, which would otherwise be burnt, enabling more of the resource to be processed and consumed domestically. Expanding gas capture is critical to Iraq's attempts to prevent flaring, enhance local gas supplies, and make better use of its energy resources, especially as the country seeks to reduce its dependency on imported gas and fuel for power production. The West Qurna development is one of many gas projects now underway in southern Iraq, where some of the country's major oilfields are located and significant amounts of associated gas are generated. KBR said that the deal strengthens its role in gas monetization and energy infrastructure projects in Iraq and the broader Middle East. The companies did not disclose the contract's amount or the timeframe for completing the detailed engineering design. Discover more Access Premium News

James Duncan to lead KBR's Infrastructure practice in the Global South. 17 September 2026 Consultancy-me.com KBR, a global professional and technology services company, has appointed James Duncan as the new leader of its Infrastructure practice in the Global South. He operates out of Dubai. Headquartered in the United States, KBR provides science, technology and engineering solutions to governments and private sector companies. The company offers business advisory services, technology consulting services covering areas such as artificial intelligence, cyber and digital twins, software engineering, as well as mission-critical solutions to the defence and aerospace industry. In his new role, Duncan will lead the firm's full portfolio of services to clients in the infrastructure sector, including rail, aviation, urban development and the built environment. His remit spans the Global South - covering Africa, Latin America, the Middle East, South Asia, and parts of East Asia and Oceania. From Dubai, Duncan will initially focus on growing the business across the Middle East and North Africa (MENA). The company is targeting a larger role in major transport and urban development programmes as governments invest in infrastructure to support economic growth and diversification. "My immediate priority is to build the regional team and apply KBR's capability more widely across rail, aviation and major urban development. We will start in the MENA before expanding further across the Global South," said Duncan. "The scale of infrastructure development in this region is enormous. Governments and developers are planning major rail links, aviation projects and new urban communities." To put Duncan's remarks into perspective, MEED Projects reported in April that $943 billion of work was under execution across the region, with a further $321 billion at the bidding stage. Despite the geopolitical situation, the Gulf continues to deliver projects at scale. Yesterday, the ruler of Dubai approved the implementation of Dubai's new Fourth Corridor project, an 80 kilometre, 12-lane highway linking Sharjah and Abu Dhabi, with direct connectivity to Al Maktoum International Airport and Etihad Rail. "Governments and developers need experienced delivery partners who can turn ambitions into effective infrastructure," noted Duncan. "KBR is well placed to do that and has a strong infrastructure legacy in the region, from Yas Island to the Doha Expressway. We already have excellent programme and project delivery capability in mega projects and can work alongside clients from early planning through procurement and construction." Duncan brings more than 30 years of experience in infrastructure, project and development management, having held senior client and consultancy roles across the Middle East and internationally. He joins KBR from Hill International, where he was First Vice President. Previously, he was Chief Project Officer at Al Farwaniya Property Developments, leading the delivery of Reem Mall in Abu Dhabi, and Chief Development Officer at Emaar.