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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8 K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 30, 2017 ______________________________ KBR, INC. (Exact name of registrant as specified in its charter) Delaware 1-33146 20-4536774 (State or other jurisdiction (Commission File Number) (IRS Employer of incorporation) Identification No.) 601 Jefferson Street Suite 3400 Houston, Texas 77002 (Address of principal executive offices)(Zip Code) Registrant's telephone number, including area code: ( 713) 753-3011 ______________________________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ( see General Instruction A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

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Page 1: FORM 8 Kd18rn0p25nwr6d.cloudfront.net/CIK-0001357615/2e41df5c-c... · 2017. 5. 30. · Capital Markets' Industrial, Automotive & Transportation Conference on Thursday, June 1, 2017

UNITED STATESSECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8‑‑K

CURRENT REPORT

Pursuant to Section 13 or 15(d) ofthe Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 30, 2017______________________________

KBR, INC.(Exact name of registrant as specified in its charter)

Delaware 1-33146 20-4536774(State or other jurisdiction (Commission File Number) (IRS Employer

of incorporation)   Identification No.)

601 Jefferson StreetSuite 3400

Houston, Texas   77002(Address of principal executive offices)(Zip Code)

Registrant's telephone number, including area code: ( 713) 753-3011______________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the followingprovisions ( see General Instruction A.2. below):

☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) orRule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company    ☐

If  an  emerging  growth  company,  indicate  by  check  mark  if  the  registrant  has  elected  not  to  use  the  extended  transition  period  for  complying  with  any  new orrevised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐ 

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ITEM 7.01    Regulation FD Disclosure

KBR, Inc. (KBR) announced today that Stuart Bradie, President and CEO, and Mark Sopp, Executive Vice President and CFO, will speak at the 2017 KeyBancCapital Markets' Industrial, Automotive & Transportation Conference on Thursday, June 1, 2017.

The June 2017 investor  presentation which will  be used for  the KeyBanc Capital  Market  conference is  furnished as Exhibit  99.2 to this  Form 8-K and may befound on the investor relations section of the website at http://investors.kbr.com beginning May 31, 2017.

In connection with the conference presentation, KBR reaffirms its earnings guidance for fiscal year 2017 and   projects earnings per share to be above the mid-point in the range . A copy of the press release is attached hereto as Exhibit 99.1.

The information disclosed in this Item 7.01 is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934,as amended (the Exchange Act), or otherwise subject to the liabilities under that section, nor shall it be deemed incorporated by reference in any filing under theSecurities Act of 1933, as amended, or the Exchange Act except as expressly set forth by specific reference in such filing.

Cautionary Note on Forward Looking Statements

This Current Report on Form 8-K (including the Exhibits 99.1 and 99.2 hereto) contains forward-looking statements within the meaning of the Private SecuritiesLitigation Reform Act of 1995. These statements are based on the current beliefs and expectations of the Company's management and are subject to significantrisks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. Factors that could cause the Company's actual results todiffer materially from those described in the forward-looking statements can be found in KBR's Annual Report on Form 10-K for the year ended December 31,2016 filed with the Securities and Exchange Commission ("SEC") and in other filings that the Company makes with the SEC from time to time. KBR does notundertake to update the forward-looking statements to reflect the impact of circumstances or events that may arise after the date of the forward-looking statements.

ITEM 9.01    Financial Statements and Exhibits.

(d)    Exhibits.

99.1 Press Release titled "KBR to Present at KeyBanc Capital Markets' Conference; Reaffirms Guidance for Fiscal Year 2017"

99.2 June 2017 Investor Presentation

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SIGNATURE

Pursuant  to  the  requirements  of  the  Securities  Exchange  Act  of  1934,  the  registrant  has  duly  caused  this  report  to  be  signed  on  its  behalf  by  the  undersignedhereunto duly authorized.

  KBR, INC.        Date: May 30, 2017  By: /s/ Beth Ann Dranguet     Beth Ann Dranguet

Assistant Corporate Secretary

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EXHIBIT 99.1

 KBR to Present at   KeyBanc Capital Markets' Conference; Reaffirms Guidance for Fiscal Year 2017

HOUSTON – (May 30, 2017) – KBR, Inc. (NYSE: KBR), KBR, Inc. (NYSE: KBR) announced today that Stuart Bradie,  President and CEO, and Mark Sopp,Executive Vice President and CFO, will speak at the 2017 KeyBanc Capital Markets' Industrial, Automotive & Transportation Conference on Thursday, June 1,2017.

The June 2017 investor presentation which will be used for the KeyBanc Capital Market conference as well as other investor communications may be found on theinvestor relations section of the website at http://investors.kbr.com beginning May 31, 2017.

In connection with the conference presentation, KBR reaffirms its earnings guidance for fiscal year 2017. KBR's guidance of earnings per share is on an adjustedEPS basis, which excludes legacy legal costs.  The company reiterates its full year 2017 fully diluted adjusted earnings per share guidance of between $1.10 and$1.40 per share. 

However, with the resolution of the PEMEX settlement, KBR projects earnings per share to be above the mid-point in the range.  KBR's diluted adjusted earningsper share excludes legal costs associated with legacy U.S. Government contracts which are expected to be approximately $9 million, or $0.07 per fully dilutedshare in 2017.  The estimated legacy legal fees do not assume any cost reimbursement from the U.S. Government that could occur in the future. 

KBR's estimated effective tax rate for 2017 will range from 25% to 27%.  The expected EBITDA range for 2017, which is on the same basis as the EPS guidance,is $300-$350 million.  The estimate for operating cash flows will range from $100 - $200 million for 2017.

About KBR, Inc.

KBR is a global provider of differentiated professional services and technologies across the asset and program life cycle within the Government Services andHydrocarbons sectors. KBR employs over 34,000 people worldwide (including our joint ventures), with customers in more than 80 countries, and operations in 40countries, across three synergistic global businesses:

· Government Services, serving government customers globally, including capabilities that cover the full life-cycle of defense, space, aviation and othergovernment programs and missions from research and development, through systems engineering, test and evaluation, program management, tooperations, maintenance, and field logistics

· Technology & Consulting, including proprietary technology focused on the monetization of hydrocarbons (especially natural gas and natural gas liquids)in ethylene and petrochemicals; ammonia, nitric acid and fertilizers; oil refining; gasification; oil and gas consulting; integrity management; navalarchitecture and proprietary hulls; and downstream consulting

· Engineering & Construction, including   onshore oil and gas; LNG (liquefaction and regasification)/GTL; oil refining; petrochemicals; chemicals;fertilizers; differentiated EPC; maintenance services (Brown & Root Industrial Services); offshore oil and gas (shallow-water, deep-water, subsea);floating solutions (FPU, FPSO, FLNG & FSRU) and program management

 KBR is proud to work with its customers across the globe to provide technology, value-added services, integrated EPC delivery and long term operations andmaintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver .

Visit www.kbr.com

Forward Looking Statement

The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statementswithin the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company'scontrol that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are notlimited to: the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potentialadverse proceedings by such agencies and potential adverse results and consequences from such proceedings; the scope and enforceability of the company'sindemnities from its former parent; changes in capital spending by the company's customers; the company's ability to obtain contracts from existing and newcustomers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and theperformance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes with the company'scustomers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes ingovernment regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism;foreign operations and foreign exchange rates and controls; the development and installation of financial systems; increased competition for employees; the abilityto successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.

KBR's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other Securities and Exchange Commission filings discusssome of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law,KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

For further information, please contact:

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InvestorsNelson Rowe Senior Vice President, Investor Relations 713-753-5082 [email protected]

MediaMarit Babin Stout Vice President, Global Communications & Government Relations 713-753-3800 [email protected]

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EXHIBIT 99.2 

 

 

 

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