To support U.S. federal government departments and agencies,
KBR, Inc. ( KBR Quick Quote KBR - Free Report) introduced its commercial cloud and mission service platform — KBR Vaault — on the Federal Risk and Authorization Management Program (FedRAMP) Marketplace as FedRAMP Ready. The KBR Vaault technology provides various domain-specific solutions, including public safety digital evidence management. The technology provides an integrated system that facilitates rapid deployment and custom configuration. In April 2022, KBR Vaault was approved as FedRAMP Ready at the High Baseline by the FedRAMP Program Management Office. FedRAMP is a joint U.S. government effort establishing a public-private partnership to promote innovation and the advancement of more secure information technologies. Apart from a safe and secure environment, KBR Vaault for Public Safety Video Evidence facilitates the secure collection, review, archival and distribution of evidence collected by mobile users. Also, it allows for the consolidation, organization, retrieval, and search of video and audio data using cloud computing technologies. Impressively, this FedRAMP Ready offering enables remote monitoring, situational awareness, and incident management, including the viewing and operation of live and recorded surveillance devices, anywhere and anytime, while within network connectivity. KBR’s Government Solutions’ president, Byron Bright, stated, "KBR Vaault enables reliable remote monitoring and incident management support to customers during any contingency that may arise. When it matters most, KBR Vaault is simply a product you can count on." KBR’s Robust Technology Support to Aid Business
For more than 50 years, KBR has been leading the process technology development, commercialization and the plant design solutions industry. KBR’s best-in-class technologies have been designing and building end-to-end, sophisticated digitization solutions and services for clients across the world.
These digitized technologies and solutions help companies increase efficiency and productivity, reduce costs and create opportunities to generate higher revenues and profitability. Overall, it has been driving growth by focusing on lowering carbon emissions, product diversification, energy efficiency, and more sustainable technologies and solutions. Image Source: Zacks Investment Research
KBR’s shares have outperformed the
Zacks Engineering - R and D Services industry so far this year. KBR’s solid prospects are backed by continuous contract wins, strong project execution, backlog level and potential government and technology businesses. Zacks Rank & Other Key Picks
Currently, KBR carries a Zacks Rank #2 (Buy). You can see
the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. AECOM ( ACM Quick Quote ACM - Free Report) — currently carrying a Zacks Rank #2 — is a leading solutions provider for supporting professional, technical and management solutions for diverse industries across end markets like transportation, facilities, government and those in environmental, energy and water businesses. AECOM’s expected earnings growth rate for 2022 is 21.6%. The consensus mark for its 2022 earnings has moved up to $3.43 per share from $3.40 in the past 60 days. Sterling Construction Company, Inc. ( STRL Quick Quote STRL - Free Report) — a Zacks Rank #2 company — has been benefiting from broad-based growth across the E-Infrastructure, Building and Transportation solutions segments. The consensus mark for Sterling’s 2022 earnings rose to $2.61 per share from $2.60 in the past 30 days. This suggests 7.9% year-over-year growth. Howmet Aerospace Inc. ( HWM Quick Quote HWM - Free Report) — a Zacks Rank #2 company — is a provider of advanced engineered solutions for the aerospace and transportation industries. The company is poised to gain from solid product offerings and focus on innovation and cost-saving efforts. Its sound shareholder-friendly policies add to its appeal. Howmet Aerospace has seen an upward estimate revision from $1.38 per share to $1.41 for the 2022 bottom line in the past 60 days. This suggests 39.6% year-over-year growth.