# KBR Reports Backlog Amid NASA In-Sourcing

KBR reported Q3 2026 revenue of approximately $2.03 billion, up 5% year over year, and adjusted EBITDA of about $268 million. Its Mission Tech profitability improved despite pressure from NASA in-sourcing, but Mission Tech revenue and book-to-bill declined. KBR also reported a $5.8 billion Sustainable Technology Solutions backlog. The update identifies no new solicitation or specific contract award, so it signals contractor performance and potential program exposure rather than a new procurement opportunity.

- Federal contractors supporting NASA programs should assess exposure to in-sourcing and how changes to agency work allocation could affect future demand for contractor services.
- KBR’s declining Mission Tech revenue and book-to-bill make backlog conversion and new business wins important indicators for the segment’s future work pipeline.
- Companies can distinguish KBR’s reported backlog from awarded, funded work when evaluating market demand; the signal provides no specific contract action or solicitation to pursue.

**Jurisdictions:** federal
**Published:** October 31, 2026

### Government Entities
- National Aeronautics and Space Administration (NASA)

### Vendors
- KBR (Government services and engineering contractor)

### Sources
- [KBR (KBR) Stock Price Shrugs Off Q3 Earnings Margin Strength - Simply Wall St News](https://simplywall.st/stocks/us/commercial-services/nyse-kbr/kbr/news/kbr-kbr-stock-price-shrugs-off-q3-earnings-margin-strength) - Simply Wall St