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KBR KBR Inc

63.27
-0.05 (-0.08%)
Last Updated: 15:15:18
Delayed by 15 minutes
Share Name Share Symbol Market Type
KBR Inc NYSE:KBR NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.05 -0.08% 63.27 63.48 62.87 62.99 36,780 15:15:18

KBR to Provide Electrical Power Generation in Support of U.S. Military Operations in Afghanistan

07/11/2011 9:33pm

Business Wire


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KBR (NYSE:KBR) today announced it was awarded a contract by the U.S. Army Corps of Engineers (USACE) Philadelphia District to serve as a contingency electrical power generation contractor in Afghanistan. KBR will provide electrical power generation in support of U.S. military operations at forward operating bases (FOBs) in Afghanistan. The award is a multiple award task order contract and KBR will bid individual task orders on a competitive basis.

KBR and the other two selected contractors will compete for task orders under the contract which has a ceiling value of $490 million over five years. These performance contracts are awarded as Indefinite Delivery/Indefinite Quantity (ID/IQ) contracts with one base year and four option years.

KBR’s immediate customer will be the USACE Philadelphia District, which will administer the contract. The field customer is the U.S. Army Central Command (CENTCOM) which has responsibility for U.S. military operations in Afghanistan. The objective of the contract is to secure reliable contractors with demonstrated power generation expertise and experience operating in remote, combat environments.

“KBR is pleased to further our service to the U.S. Government in Afghanistan as a provider of electrical power for our military troops,” said Mark Williams, Group President, Infrastructure, Government & Power. “We have provided a range of support services, including electrical power, to the U.S. military in Afghanistan continuously since 2002.”

KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power, industrial, and commercial markets. For more information, visit www.kbr.com.

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