KBR (KBR) Invests in Applied Computing to Expand AI Capabilities

KBR, Inc. (NYSE:KBR) is one of the 10 Best 52-Week Low NYSE Stocks to Buy Now.

On March 23, 2026, KBR, Inc. (NYSE:KBR) announced a strategic investment in Applied Computing, a UK-based company, and secured a board position as part of the deal. The company said the investment supports its AI-driven growth strategy, with plans to integrate Applied Computing’s Orbital model with KBR’s technologies to develop new digital products and expand AI capabilities across energy, chemical, and industrial sectors through a multi-year joint development agreement.

On March 18, 2026, KBR, Inc. (NYSE:KBR) was awarded a contract by Zallaf Exploration, Production and Refining of Oil and Gas Company to provide project management and technical services for the South Refinery Project in Libya, with work expected to run over 50 months.

KBR (KBR) Invests in Applied Computing to Expand AI Capabilities

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On March 12, 2026, the company also secured a seven-year General Maintenance Services contract, with an optional three-year extension, from Saudi Aramco Total Refining and Petrochemical Company for its petrochemical complex in Jubail, covering a range of maintenance services.

KBR, Inc. (NYSE:KBR) provides engineering, technology, and scientific solutions to government and commercial customers globally.

While we acknowledge the risk and potential of KBR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than KBR and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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