KBR, Inc. KBR has inked a contract from Monolith Materials, Inc. for the latter’s environmentally transformative fertilizer project in Hallam, Nebraska for an ammonia synthesis loop (synloop).In words of Doug Kelly, president of Technology KBR, "Our sustainable process technology solutions are leading the energy transition industry globally." The company’s innovative ammonia technology is valued for low energy usage, higher reliability and lower capital costs.Per the latest contract, KBR will provide a technology license, basic engineering design package, proprietary equipment and catalyst for the 930 metric tons per day ammonia synloop project, which will consume hydrogen as feedstock from an emission-free, commercial-scale facility developed by Monolith Materials to produce both carbon black and ammonia from natural gas, air and 100% renewable power.KBR's Integrated & Innovative Solutions Bode WellKBR has been delivering innovative and reliable process technologies over the past several years. It has licensed, engineered or constructed more than 244 ammonia plants worldwide since 1960, making the company the world's leading ammonia technology licensor.Overall, the determination to lower emissions, product diversification, energy efficiency, and more sustainable technologies as well as solutions have been driving KBR’s performance. Demand for the company’s technologies across ammonia for food productions, olefins for non-single-use plastics and in refining for product diversification and more green solutions to meet tighter environmental standards has been going strong. A strategic shift to IP-enabled maintenance is also gaining traction and KBR continues to see increasing activity across the advisory portfolio, particularly in energy transition.Meanwhile, shares of KBR have underperformed the industry year to date. Nonetheless, earnings estimates for the current year and the next have increased 4.9% and 11.4%, respectively, for the past 60 days, depicting analysts’ optimism over the company’s prospects. KBR’s performance was backed by solid contract wining spree, strong project execution, backlog level, and potential government as well as technology businesses. It has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the trailing 11 quarters. Meanwhile, revenues topped the consensus mark in each of the trailing eight quarters. KBR’s solid backlog level of $12.8 billion (as of Sep 30, 2020) highlights its underlying strength.Zacks RankKBR — which shares space with Fluor Corporation FLR, Jacobs Engineering Group Inc. J and AECOM ACM in the same industry — currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Legal Marijuana: An Investor’s DreamImagine getting in early on a young industry primed to skyrocket from $17.7 billion in 2019 to an expected $73.6 billion by 2027. Although marijuana stocks did better as the pandemic took hold than the market as a whole, they’ve been pushed down. This is exactly the right time to get in on selected strong companies at a fraction of their value before COVID struck. Zacks’ Special Report, Marijuana Moneymakers, reveals 10 exciting tickers for urgent consideration.Download Marijuana Moneymakers FREE >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AECOM (ACM): Free Stock Analysis Report KBR, Inc. (KBR): Free Stock Analysis Report Fluor Corporation (FLR): Free Stock Analysis Report Jacobs Engineering Group Inc. (J): Free Stock Analysis Report To read this article on Zacks.com click here.