KBR Lands Advanced Space Technology Contract With US Air Force For $176 Million
KBR Contract Award: KBR, Inc. has secured a $176 million contract from the Air Force Research Laboratory to provide operations and maintenance support for the Air Force Maui Optical and Supercomputing Site over seven years, focusing on advanced equipment and system upgrades.
Stock Performance: Despite the contract win, KBR shares are trading down 1.16% at $50.07 in premarket trading.
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Intech S&P Mid Cap Diversified Alpha ETF Success: The Intech S&P Mid Cap Diversified Alpha ETF (SMDX) has surpassed $100 million in assets under management within its first year, a feat achieved by only 11% of active ETFs, indicating strong market traction and potential for long-term viability.
Performance and Strategy: Since its inception, SMDX has outperformed its benchmark, showcasing the effectiveness of its active design that combines small-cap breadth with mid-cap stability, appealing to investors seeking enhanced performance in a competitive market.
Intech's ETF Growth: Intech's total ETF assets have exceeded $225 million, reflecting a growing interest in their investment strategies that blend passive simplicity with active results, aimed at both advisors and institutional portfolios.
Investment Risks: The article highlights the inherent risks associated with investing in ETFs, including market volatility and the potential loss of principal, emphasizing the importance of understanding these risks before investing.
KBR Contract Win: KBR, Inc. shares rose after securing a $229 million contract from the Department of Defense to provide lifecycle research and analysis for the CH-47 Chinook helicopter over five years in Huntsville, Alabama.
Additional Contracts: The company also announced a separate $176 million contract with the Air Force Research Laboratory for operations and maintenance support at the Air Force Maui Optical and Supercomputing Site.
KBR Contract Award: KBR, Inc. has secured a $176 million contract from the Air Force Research Laboratory to provide operations and maintenance support for the Air Force Maui Optical and Supercomputing Site over seven years, focusing on advanced equipment and system upgrades.
Stock Performance: Despite the contract win, KBR shares are trading down 1.16% at $50.07 in premarket trading.
New ETFs Launched: Intech has introduced two new ETFs, the Intech S&P Small-Mid Cap Diversified Alpha ETF (SMDX) and the Intech S&P Large Cap Diversified Alpha ETF (LGDX), aimed at providing stability through diversification and long-term capital appreciation amidst market volatility.
Investment Strategy: Both funds utilize a portfolio diversification strategy to outperform their respective indices, allowing for flexibility in investing outside designated benchmarks to enhance liquidity and manage risk, catering to investors seeking resilience in uncertain economic conditions.








