Du är här

2015-09-22

KBR, Inc.: KBR Awarded Prime Contractor Position on U.S. Air Force Base Life Support and Logistics Contract

HOUSTON
- September 22, 2015 - KBR, Inc. (NYSE: KBR) announced today it has been
awarded a prime contractor position for a multiple award
indefinite-delivery/indefinite quantity (IDIQ) contract by the U.S. Air Force
for base life support and logistics and construction services worldwide.

KBR is one of eight companies awarded a prime contractor position to compete
for specific task orders on the $5B Air Force Contract Augmentation Program
(AFCAP IV).

"Winning a position on AFCAP IV allows KBR the opportunity to continue its
support of the Air Force customer in strategic locations worldwide, providing
quality base life support and logistics for our U.S. military wherever they
need us," said KBR Government Services President Andrew Pringle. "Through
this contract, KBR will continue to differentiate itself as a preferred
provider of services in contingency environments."

AFCAP IV, awarded by the 772nd Enterprise Sourcing Squadron, Air Force
Installation Contracting Agency at Tyndall Air Force Base in Florida, will
provide base life and operating support, logistics support, and construction
services as needed to support the Air Force, Department of Defense, or any
U.S. federal government entity performing contingency operations. Work will
be performed at locations worldwide to be determined by individual needs.
This work is expected to be performed over seven years, with funding
allocated to orders on an as-required basis in support of the AFCAP scope of
services.

Expected revenue associated with this multiple award IDIQ contact will be
booked into backlog of unfilled orders for KBR's Government Services Business
Segment as task orders are awarded throughout the contract period.

About KBR, Inc.KBR, Inc. is a global technology, engineering, procurement and construction
company serving the hydrocarbons and government services industries,
employing approximately 25,000 people worldwide with customers in more than
70 countries and operations in 40 countries across three distinct global
businesses:

* Technology&Consulting, including proprietary technology in refining,
ethylene, ammonia and fertilizers, and gasification; and niche consulting
and know-how through subsidiaries Granherne, Energo and GVA
* Engineering&Construction, including Offshore Oil&Gas; Onshore Oil&Gas;
LNG/GTL; Refining; Petrochemicals; Chemicals; differentiated EPC, and
Industrial Services
* Government Services, including program management and long term annuity
contracts

KBR is proud to work with its customers across the globe to provide
technology, value-added consulting services, integrated EPC delivery and Long
Term Industrial Services to ensure consistent project delivery with
predictable results. At KBR, we deliver.

Visitwww.kbr.com

Forward Looking StatementThe statements in this press release that are not historical statements,
including statements regarding future financial performance, are
forward-looking statements within the meaning of the federal securities laws.
These statements are subject to numerous risks and uncertainties, 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 and uncertainties include, but are not limited to: the outcome of
and the publicity surrounding audits and investigations by domestic and
foreign government agencies and legislative bodies; potential adverse
proceedings by such agencies and potential adverse results and consequences
from such proceedings; the scope and enforceability of the company's
indemnities from its former parent; changes in capital spending by the
company's customers; the company's ability to obtain contracts from existing
and new customers and perform under those contracts; structural changes in
the industries in which the company operates; escalating costs associated
with and the performance of fixed-fee projects and the company's ability to
control its cost under its contracts; claims negotiations and contract
disputes with the company's customers; changes in the demand for or price of
oil and/or natural gas; protection of intellectual property rights;
compliance with environmental laws; changes in government regulations and
regulatory requirements; compliance with laws related to income taxes;
unsettled political conditions, war and the effects of terrorism; foreign
operations and foreign exchange rates and controls; the development and
installation of financial systems; increased competition for employees; the
ability to successfully complete and integrate acquisitions; and operations
of joint ventures, including joint ventures that are not controlled by the
company.

KBR's most recently filed Annual Report on Form 10-K, any subsequent Form
10-Qs and 8-Ks, and other Securities and Exchange Commission filings discuss
some of the important risk factors that KBR has identified that may affect
the business, results of operations and financial condition. Except as
required by law, KBR undertakes no obligation to revise or update publicly
any forward-looking statements for any reason.

For further information, please contact:Investors
Zac Nagle
Vice President, Investor Relations
713-753-5082
Investors@kbr.com

Media
Marit Babin
Director, Global Communications&Government Relations
713-753-3800
Mediarelations@kbr.com

---------------------------------------

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: KBR, Inc. via Globenewswire

HUG#1953592

Författare Hugin

Tala om vad ni tycker

Tala om vad ni tycker

Ni är just nu inne på en betaversion av nya aktiespararna. Lämna gärna feedback på vad ni tycker i formuläret nedan.