KBR Inc. Will Benefit From The Infrastructure Plan

Summary

• KBR offers technology and engineering solutions to companies and governments.
• Governments all over the world are increasing their investments in technologies offered by KBR.
• Agencies like the U.S. Department of Defense, NASA, the U.K. Army, and the National Geospatial-Intelligence Agency are some of the company’s key customers.
• The company noted in its quarterly report that it expects “continued opportunities”, thanks to the new President Biden's proposed infrastructure plan.
• In my opinion, market participants don’t know that EBITDA and revenue will increase because of President Biden's proposed infrastructure plan.

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KBR, Inc. (NYSE:KBR) is expected to report significant EBITDA growth thanks to the new infrastructure plan announced by Biden. The company trades at 11x-12x, which is not expensive as compared to its peers. It means that market participants are not well aware

Analyst’s Disclosure:I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.