KBR, Inc. (NYSE:KBR) Q2 2024 Earnings Conference Call July 24, 2024 8:30 AM ET

Company Participants

Jamie DuBray - VP, IR
Stuart Bradie - President and CEO
Mark Sopp - CFO

Conference Call Participants

Tobey Sommer - Truist
Michael Dudas - Vertical Research
Bert Subin - Stifel
Brent Thielman - D.A. Davidson
Steven Fisher - UBS
Samantha Stiroh - Bank of America
Andy Kaplowitz - Citigroup
Sangita Jain - KeyBanc Capital Markets
Gautam Khanna - TD Cowen

Operator

Good morning, everyone. Welcome to KBR’s Second Quarter 2024 Earnings Conference Call. My name is Kiki and I will be your conference operator today. [Operator Instructions] I will now hand you over to your host, Jamie DuBray, Vice President of Investor Relations, to begin. Jamie, please go ahead.

Jamie DuBray

Thank you. Good morning and welcome to KBR’s second quarter fiscal 2024 earnings call. Joining me are Stuart Bradie, President and Chief Executive Officer, as well as Mark Sopp, Executive Vice President and Chief Financial Officer. Stuart and Mark will provide highlights from the quarter and then open the call for your questions.

Today's earnings presentation is available on the investor section of our website at KBR.com. This discussion includes forward-looking statements reflecting KBR's views about future events and their potential impact on performance as outlined on Slide 2. These matters involve risks and uncertainties that could cause actual results to differ significantly from these forward-looking statements as discussed in our most recent Form 10-K available on our website.

This discussion also includes non-GAAP financial measures that the company believes to be useful metrics for investors. A reconciliation of these non-GAAP measures to the nearest GAAP measure is included at the end of our earnings presentation.

I will now turn the call over to Stuart.

Stuart Bradie

Thanks, Jamie, and welcome to our second quarter earnings presentation. I will start on Slide 5. As you've heard me say many, many times, KBR is a company that puts its people first. We strive to ensure our people have a strong sense of belonging that they feel connected to each other and the company, of course, and can grow within an environment where they can bring their whole selves to work every day.

Now, to test that we're actually delivering for people in a broader sense, we regularly do a people survey, which is, in fact, anonymous. And the feedback ensures we're focusing in the right areas as we seek continual improvement, and it really helps us avoid any complacency. The survey results are also important, particularly as we bring new entities into KBR or new employees into the company.