start you a Alison. Good do. few to morning, I sustainability much Thank always a you, us moment we and very with We've but joining want did got thank as today. for topics discuss, to
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Harm environmental philosophy, social up and that You've make all before. our can you pillars seen this the see under Courage-to-Care And that Zero platform.
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key X, So on takeaways Slide to the some quarter. for
EPS quarter of solid line with expectation consensus. with performance, in another operational above notch a So and adjusted
the of expectation, or has us of was, quarter the All but real cash that the to performed very, above cash of our course, businesses and cover at later. Mark And very led guidance, raise will this strong our highlight performance.
the underpin Our our prove continues extremely bookings and business quarter resilient, future strong resilience. in to
our with also have portfolio further our we review line to in market. strategy promised, As concluded move and up
Government from away of markets. move of volatile more services more kind commoditized, Solutions. Our and Solutions simplifies will and This this business and really two consist on segments, future shift us structure later. and cyclical our Technology Obviously,
of KBR one compliance it a program. that heard reaffirms as the closing closed Unaoil. is are with KBR. it that we has just notified world-class its And As that outcome company we've integrity, regard it as KBR investigation also so SEC real its to to SFO investigations release, our longer pleased positive focused the is into has relates has press regard Unaoil, outlined in that to with and advise on Unaoil And the to a no DoJ and KBR us
many aware, you're legacy a inherited, resolve and issues they set of the that milestone. – number resolved is a As these, team out of and ago number we years all of had to this we another
let's detail the overall at level, in but our give results performance, more to were very on So X. a expectations. group Slide you segment or Mark move will much line above our on
to of over drove And was In year by much this project favorable cover very in the of – in we that terms bookings COVID in Space Tech guidance of this resolved. from exclude and Mark million quarter, year at Government really year-over-year Operating reflected Overall, the modestly was with million Government out the demonstrating this at award unchanged our include all remains is The no results of really were which guidance, was of very, impact bringing not what were lower our lower in Bookings That revenue times. in energy X, And are $XXX you're the backlog volume resilience Government increase stability primarily increases P&L a mean difference with actually I reflects more quarter, and support a protest on realignment. margin review to of, Adjusted see EPS portfolio and in the segment on in from we a our And thus, step contingency last reimbursable delayed. in you'll protest, Slide a indefinitely of QX and in aware will in primarily X.X logistics Flight show EC portfolio customers the Mark tied X.X But bit significant about underpins strong above consolidated however, our due range. that revenue the in times. above going announced last pleasing. energy The remember, well offset globally, These consistent Bookings boosted clearly it pass-through also year's of the and, stable these rest our pretty will in year. to operate NASA's consequence we'll debookings recall, $X.XX, and that very in Energy year. profitable, is in will or full further the present disruption by have at absolute even was cash and On reduced for credit cash EBITDA to a at outlined was in we and last for healthy strong flow Overall, the comparisons, does this our year-over-year. made conversion closeouts. And result, for but to guidance on down was level. business energy absolutely well sorry, and the to markets as this that all year-to-date projects, a effect margin And significant. debookings. employees very little was on impact. in year-over-year higher to expected reduction that with come Tyndall not was low-margin were forward, second. to to large Government, profitability down been that. from our mix Tech $XXX canceled and terrific a relate these which similar compared last associated chart. off There with either Tech – as very This disruptive projects. to quarter a shortly. tech. by consistent and driven have margins Marshall last lot course, messaging to a to Margins strong billion, give forecast got we've the and Center. two-segment reductions very came relating the until you times, energy and good backlog, $X.X to model, the debookings coming the realignment.
to are strategically on and KBR. realignment activities It You XX%, is focused up will Government mission-critical enabled market move higher-end as with well zero, to approximately digitally percent solutions. eight post speed our Solutions we which up segment, of represent
profile of a the presented profiles have the of contract cash-generative the margin the associated number and times business. tenures, of this We qualities attractive
recent in business its hopefully all Day, attractive our and are Government informed Given qualities. this Solutions Focus on well you
the to noncash footprint EPC, I activities, mainly including as and we significant mentioned high we are will services, with lump impairment have already we associated present LNG. restructuring including on and have sum later and remove debookings Mark and moving of reduce these Energy, for exit exiting So charges volume, commoditized construction our or the our in associated costs. process the low-margin
– Looking focused monitoring will benefit business. this it our solution as The augment This capability transition low at although we of business current extent, our has OpEx our would of will legacy this continues be future greater to enhanced metrics cash from some Technology its resilient. part business even technologies arguably this Industrial consulting digitally attractive enabled intrinsically end, current proprietary conversion Solutions and invest remote benefit To off also advisory segment to our and technology-led and TS, sustainability. that and to perform leveraging it reduce our Solutions exposure business, Plus, is course, retain Technology latter Services it would more will, technology. advisory and and clear and linked scale. an on and from energy in risk emerging profile, consulting
to Slide on X. move Let's
box just see We a we've right. ammonia, in quarter, demand olefins olefins worth back be the Asia, sustainability Given I pleasing the on statement the again. across closed this including the earlier, good book-to-bill, The and the up. deal was fertilizer a a is It on actually a closed noting we was deals result. this in the QX in might in is very X.X heritage brilliant active sizable talking been And best, in segment at China. and as TS refining QX, in the of number that about we market that would in area, said bottom start Tech, the it times and market
demand a in increasing unit in I a Latin As we you sold was for there refiner of good QX are expect, to that And example think that America. would sustainable. technologies the is more ROSE
and SOx You significantly fuel technology reduces in and our ROSE will NOx recall oil. sulfur content thus that
our and for key build ammonia energy differentiators continue a and our being with hydrogen via for at position on storage option in transition ammonia transportation to technology hydrogen KBR. We our advisory preferred NASA work portfolio business, being
pipeline strong. remains our So
following: those I that exception, in for XXXX, a as overall today. for high I Clearly, technologies to guidance these help And that, previously, reaffirming would Our direct I and with to and Energy activity and adjusted stated legacy greener profitable again, happened our mentioned ES, we business be we legacy with remains stand our guess, the behind be we valid earlier. And tech the even to KBR remain portfolio. marginally statements. the the that's times. The all new for guidance as course, EPS QX, exposure thus, of will our with, we're levels refining you year transition shape of will in XXXX the market, going limited
are TS XXXX. new So the in for key metrics we think
billion, result forecasting $X are the in mid-teens. businesses earnings growth in combined a strong and legacy revenues from We This close be to will margins with XXXX. ES TS would in what
continue to CapEx industrial had We've much up facing a X% costs at technology-led As the in to businesses, advisory and who grow those is very technology by to high we and margins build out and have teens to balanced remove peers, with do XXXX. we a per annum, this look and our expect business. X% line services OpEx
for to be the Now actively highlighted the LOGCAP support will hope, in would the in I involved. recent V, as we rationale In we're box, later. where Government areas on sure growth Focus strong vectors, on question strategic and our in our it I a I'm touch Day, left articulated bipartisan
have et COVID bit Poland, the the We the and U.S. our activity and up had our included likely start win that the growth very is With activity EUcom, than been extended with these announced a levels original transition with increases the to reasonably mid-XXXX, note incumbent, are been Solutions on well. to Space and where more also think XXXX. in with into to which MOSSI we Northcom Europe, in year-on-year. our to conservative task actually And activity it in troop are continue set Admitted Middle levels orders the cetera. mid-XXXX. due expected, through forecast, progresses. likely to and holds pleasing levels year, to levels now this the was and in we increasing actually strong has we current and East, Afghanistan, business organic as are transitioned delayed are year reduced growth In through higher increasing that's piece this increase Also, clarity to have U.S. In
IDIQ delivered will And related seen terrific. here they speed We've have a our have low of number to alone, recompetes. last is attractive contract of You in so levels cetera. et about engineering talked the business. million also of to market, new over wins $XXX vehicles the that announcements quarter we improve this point The
year year. risk I activity over low a hand will and this Just recompete now Mark. is and reminder, to next
