KBR, Inc. (KBR) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, everyone. Thank you for joining us and welcome to KBR's second quarter 2026 earnings call. After today's prepared remarks, we will host a question and answer session. If you would like to ask a question, please press star one to raise your hand. To withdraw your question, press star one again. I will now hand the conference over to Rachael Goldwait, head of investor relation. Rachael, go ahead. Thank you and good morning. Welcome to KBR's second quarter 2026 earnings call. Joining me today are Stuart Brady, president and CEO, and Shad Evans, executive vice president and CFO. Stuart and Shad will cover highlights from the quarter and then we'll open the line for your questions. Today's earnings presentation is available on the investor relations section of our website at kbr.com. As outlined on slide two, today's discussion includes forward-looking statements, and certain non-GAAP financial measures. Additional information, including reconciliations to the nearest GAAP measures, can be found in the presentation appendix. With that, I'll turn the call over to Stuart. Thanks, Rachael, and good morning, everyone. I will pick up on slide four. Before we get into the meat of the presentation, I wanted to briefly highlight 2025 Sustainability and Corporate Responsibility Report, which we published a few weeks ago. This is our fifth year issuing a report and it reflects an important part of how KBR operates. Sustainability, safety and responsible delivery are embedded in how we manage risk, develop our people and of course deliver for our customers. This year's report highlights record safety performance, continued progress against their environmental commitment and 35% of revenues focused on sustainability. As we move toward operating as two companies, that operating...