HOUSTON, April 29,
2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today
it has been awarded an estimated $771
million in cost-plus-fixed-fee contract options to continue
mission-critical support to the U.S. Army Northern Command
(NORTHCOM) and European Command (EUCOM) under the Logistics Civil
Augmentation Program (LOGCAP) V contract. LOGCAP is an indefinite
delivery indefinite quantity contract with combatant command
(COCOM) based task orders. The option period 4 performance is
March 2024 to March 2025.
Under the terms of the contract, KBR will continue to
provide life support, equipment readiness, training and supply
chain solutions to the U.S. Army. Currently, KBR supports
approximately 20,000 U.S. government personnel across roughly 50
locations in Europe and
North America. KBR provides
mission-critical solutions that include contingency operations,
humanitarian support, facility management, life-cycle asset
management and integrated supply chain solutions. Additionally, KBR
is providing sustainable energy solutions that enable the reduction
of carbon emissions and fuel consumption at multiple locations
throughout the COCOMs.
"KBR has spent three decades developing and refining a
resilient, global supply chain in support of our LOGCAP work," said
Byron Bright, KBR Government
Solutions U.S. President. "Our agile staffing solutions and deep
domain expertise allow us to consistently deliver mission-critical
services to the U.S. Army, and our ability to conduct multi-domain
operations means we are prepared for any contingency that arises.
KBR provides critical services when the mission can't
fail."
In addition, KBR provides LOGCAP support to the National
Training Center at Fort Irwin,
California, and supports military exercises across NORTHCOM
and EUCOM. In Europe, KBR
currently supports LOGCAP operations in Bulgaria, Germany, Italy, Kosovo, Latvia, Lithuania, Poland, Romania and Turkey.
About KBR
We deliver science, technology and engineering solutions to
governments and companies around the world. KBR employs
approximately 34,000 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
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which are beyond the company's control, that could cause actual
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by the statements. These risks, uncertainties and assumptions
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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
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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.