KBR Awarded $52M Follow-on Contract to Support Global Counter IT Community and Mitigate Threats for U.S. Department of Defense

HOUSTON, July 11, 2024 /PRNewswire/ -- KBR (NYSE:KBR) was awarded an estimated $52 million, 60-month cost-plus-fixed-fee recompete Information Analysis Center Multiple Award Contract (IAC MAC) task order supporting the Counter Improvised Threat Systems Test and Evaluation for the Naval Air Warfare Center Weapons Division (NAWCWD) Quick Reaction Capability Office (QRCO).

Under the terms of the contract, KBR will mitigate improvised threats by leading research, conducting analysis, and using test and evaluation to provide timely and affordable quality data products. The scope of work includes requirements analysis; quick reaction test planning, execution and reporting; prototyping, data acquisition and analysis; engineering, technical and administrative analysis; T&E methodology development; continuous evaluation of evolving test methodologies; and representative test environment design, development and sustainment. 

"KBR's depth and breadth of knowledge within the counter IT community enables us to remain a key player in supporting the United States military," said Byron Bright, President of Government Solutions U.S. "As The Team Behind the Mission^®, we remain committed to providing subject matter expertise and mitigating threats to deliver mission critical capabilities to military servicemembers."

KBR will enhance the effectiveness and survivability of counter IT systems in support of the global counter IT community. The team will utilize systems engineering processes, innovative research and development solutions, and task-specific assets and infrastructure to complete data collection, analysis and reporting. Research and analysis performed will address Department of Defense critical technology areas, including future generation wireless technology (Future G), advanced materials, integrated network systems-of-systems, microelectronics and directed energy.

About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 35,000 people worldwide with customers in more than 80 countries and operations in over 30 countries.

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

Visit www.kbr.com

Forward Looking Statements

The statements in this press release that are not historical statements, including statements regarding performance of the company's contract with the NAWCWD, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks, uncertainties and assumptions, many of which are beyond the company's control, that could cause actual results to differ materially from the results expressed or implied by the statements. These risks, uncertainties and assumptions include, but are not limited to, those set forth in the company's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks and other U.S. Securities and Exchange Commission filings, which discuss some of the important risks, uncertainties and assumptions that the company has identified that may affect its business, results of operations and financial condition. Due to such risks, uncertainties and assumptions, you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

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SOURCE KBR, Inc.

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