HOUSTON, May 6, 2024
/PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded
a multiple award, Indefinite Delivery Indefinite Quantity (IDIQ)
contract by the U.S. Naval Facilities Engineering Systems Command
for global contingency services.
Under the Global Contingency Services Multiple Award Contract
(GCSMAC) III, KBR will compete on IDIQ task orders to provide
mission-critical support to U.S. Navy facilities around the world.
The contract period begins April 2024
and lasts 8.5 years, with a current ceiling value of $2 billion. The task orders are expected to be a
combination of cost-plus-award-fee and firm fixed price. The
purpose of the contract is to provide short-term facility support
services in support of natural disasters, humanitarian efforts,
military actions, and to cover incumbent contractors'
nonperformance or potential breaks in service at various locations
throughout the world. Tasks may include IT support and management,
force protection, airfield and port operations, healthcare support,
fleet and family readiness, utilities and transportation, among
other support services.
"KBR understands how critical the U.S. Navy's mission is to
safety and security around the globe," said Byron Bright, KBR Government Solutions U.S.
President. "With our decades of experience supporting the U.S.
military worldwide, KBR leverages our global supply chain, agile
workforce and rapid deployment capabilities to respond to the
Navy's needs and to conduct contingency operations anywhere in the
world. And with a growing emphasis on the Indo-Pacific region, KBR
is positioned to expand support to the Navy in INDOPACOM."
KBR currently supports the Naval Facilities Engineering Systems
Command at key locations around the globe, including Bahrain, Djibouti, the United
Arab Emirates, Poland and
Diego Garcia. Under the current
GCSMAC II contract, KBR supports base operations at a missile site
in Poland and conducted
humanitarian relief operations for Afghan refugees in Quantico, Virginia, in 2021. KBR also provides
global contingency and expeditionary support to the U.S. Army under
the Logistics Civil Augmentation Program (LOGCAP) and the U.S. Air
Force under the Air Force Contract Augmentation Program (AFCAP). In
addition to managing billions of dollars of government assets
around the globe as part of KBR's Army and Marine prepositioned
stock services, KBR supports worldwide military exercises for the
U.S. Army, Navy and Marines.
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 future performance,
demand, task orders and pricing structures, 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.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/kbr-awarded-global-contingency-services-multiple-award-contract-with-us-navy-302135849.html
SOURCE KBR, Inc.