Press Release

HOUSTON (April 13, 2018) KBRwyle, KBR's global government services business, announced it will be among the space industry leaders attending the Space Foundation's 34th annual Space Symposium April 16-19 in Colorado Springs, Colorado. The event is the premier gathering of global space professionals and attracts over 9,000 attendees.

As a leading provider of solutions for the civilian, military and commercial space industries, KBRwyle has been a fixture at the event for more than 15 years. This year's symposium will mark the largest showing yet for KBRwyle featuring its services for human and robotic spaceflight; ground systems, space and Earth communications; space life science, Earth science, and space science; satellite integration and mission operations; and integrated space and missile defense.

"The prominence of the Space Symposium makes it an ideal forum for KBRwyle to present its broad range of capabilities and engage with other space industry leaders," said KBRwyle President Byron Bright. "We look forward to exploring opportunities to work with other leaders and continue to advance the civilian, military and commercial space industry."

KBRwyle's participation in the symposium will be the first major industry event for the organization since announcing its intent to acquire Stinger Ghaffarian Technologies, Inc. (SGT). The acquisition will enable KBRwyle to offer NASA and other customers in the space industry an even broader array of cutting edge services spanning across all segments of today's space industry.

For the past 60 years KBRwyle has played a critical role in U.S. government space exploration and space communications. The company has supported every U.S. astronaut since 1968 and the orbit and configuration for over 700 unmanned spacecraft. KBRwyle also has a critical role supporting worldwide satellite control networks that support national security, public safety and critical research.

About KBR, Inc.

KBR is a global provider of differentiated professional services and technologies across the asset and program life cycle within the Government Services and Hydrocarbons sectors. KBR employs approximately 34,000 people worldwide (including our joint ventures), with customers in more than 75 countries, and operations in 40 countries, across three synergistic global businesses:

• Government Services, serving government customers globally, including capabilities that cover the full life-cycle of defense, space, aviation and other government programs and missions from research and development, through systems engineering, test and evaluation, program management, to operations, maintenance, and field logistics
• Technology & Consulting, including proprietary technology focused on the monetization of hydrocarbons (especially natural gas and natural gas liquids) in ethylene and petrochemicals; ammonia, nitric acid and fertilizers; oil refining; gasification; oil and gas consulting; integrity management; naval architecture and proprietary hulls; and downstream consulting
• Engineering & Construction, including onshore oil and gas; LNG (liquefaction and regasification)/GTL; oil refining; petrochemicals; chemicals; fertilizers; differentiated EPC; maintenance services (Brown & Root Industrial Services); offshore oil and gas (shallow-water, deep-water, subsea); floating solutions (FPU, FPSO, FLNG & FSRU) and program management

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

Visit www.kbr.com

Forward Looking Statement

The 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
Nelson Rowe
Senior Vice President, Investor Relations
713-753-5082
[email protected]

Media
Brenna Hapes
External Global Communications
713-753-3800
[email protected]