KBR has been selected by Keppel Infrastructure Division and Aster Chemicals and Energy to provide technology licensing and Front-End Engineering Design (FEED) services for a proposed Sustainable Aviation Fuel (SAF) plant on Singapore’s Jurong Island. The facility is expected to be Asia's first commercial-scale ethanol-to-jet SAF plant, with a planned production capacity of up to 100,000 tons per year, subject to final investment decision and regulatory approvals. This project supports Singapore's ambition to become a leading SAF hub in Asia and advances efforts to decarbonize the country's aviation ecosystem.

The PureSAF technology, developed by Swedish Biofuels AB and engineered for commercial-scale production by KBR, is exclusively licensed by KBR worldwide. It is designed to be feedstock-flexible and bankable, delivering a 100% drop-in jet fuel that can power aircraft without blending. KBR's innovation aims to make SAF solutions compatible with regional feedstock availability and enable a cost-optimized transition to low-carbon jet fuel for the aviation industry.

Strategic Collaboration

In addition to the technology licensing, KBR has entered into a Memorandum of Intent with Keppel’s Infrastructure Division to collaborate on decarbonization across energy transition technologies. The partnership will focus on areas such as waste-to-energy, plastic recycling, biofuels, SAF, and AI-driven digitalization.

Project Overview

KBR has a history of over 100 years in providing clean fuel solutions and continues to pioneer decarbonization initiatives through process innovation and low-carbon technologies. The company employs approximately 36,000 people worldwide, serving customers in more than 85 countries.

KBR has appointed Michael LaRouche and Nicholas Veasey to lead its planned spin-off entity, SpinCo, which will house its Mission Technology Solutions business. LaRouche will serve as President and Chief Executive Officer-Designate, joining KBR on September 24, 2026, while Veasey will take the role of Executive Vice President and Chief Financial Officer-Designate, joining on July 1, 2026. The strategic separation is intended to unlock value for shareholders by creating two independent, pure-play companies with distinct investment profiles.

The spin-off is scheduled for completion on January 4, 2027. Upon closing, LaRouche and Veasey will assume their full leadership roles within the new entity. KBR shareholders are expected to retain ownership in both SpinCo and the post-spin KBR, which will continue to focus on Sustainable Technology Solutions under the leadership of Stuart Bradie, KBR Chair, President and Chief Executive Officer. The transaction is intended to be tax-free for U.S. federal income tax purposes and remains subject to regulatory approvals and final board authorization. The name and brand identity of SpinCo will be announced next month.

Leadership Profiles

LaRouche joins KBR from Serco North America, where he served as CEO. He brings over three decades of experience in the defense, space, cyber, intelligence, and government services markets. His previous roles include serving as a sector President at SAIC and holding senior leadership positions at Raytheon and Lockheed Martin. He holds a Bachelor of Science in electrical engineering from the University of Michigan and a Master of Science in electrical and computer engineering from the University of Colorado.

Veasey most recently served as CFO of MAG Aerospace. His career includes over two decades of experience in finance, capital markets, and mergers and acquisitions within the aerospace and defense sectors. He was previously Vice President of Treasury, M&A and Investor Relations at Booz Allen Hamilton and held roles at Deutsche Bank and The Carlyle Group. A U.S. Marine Corps veteran, Veasey holds a Bachelor of Science in economics from the U.S. Naval Academy, an MBA from Georgetown University, and a Master of Public Policy from Georgetown.

SpinCo Operational Overview

SpinCo will enter the market as a global company focused on national security and space missions. The entity will leverage a capital-efficient model supported by long-term contracts that generate stable cash flows.

The new company will aim to deliver technology-forward digital solutions across classified and multi-domain environments. Management emphasized that the distinct brand and capabilities of SpinCo are designed to accelerate growth and create long-term value for stakeholders.