KBR gains after landing NATO contract for PATRIOT air and missile defense system

** Last month, the company delivered a Q2 profit beat on STS project ramp-up

** Four out of nine brokerages rate the stock "buy" or higher; their median price target is $43, according to LSEG data

** Up to the previous day's close, the stock was down 4.5% year to date

** KBR shares gain 1.7% to $39 premarket

** The company wins a NATO contract with an initial ceiling of $60 million for the PATRIOT air and missile defense system

** KBR will provide advanced command-and-control capabilities designed to connect sensors and shooters across the battlespace, over a five-year period