GAO Upholds TRANSCOMS Household Goods Contract Award for KBR Led Joint Venture
HOUSTON – (March 7, 2022) – KBR (NYSE: KBR) announced the General Accounting Office (GAO) decision to uphold the award of the US Transportation Commands Global Household Goods Contract. The contract ceiling value is approximately $20B with a potential 9 year term, inclusive of all options periods. HomeSafe Alliance will be the exclusive household goods move management service provider for the U.S. Armed Forces, Department of Defense civilians and their families.
“KBR is pleased with the GAO decision to uphold the Household Goods contract award,” said Stuart Bradie, KBR President and CEO. “Our solution will significantly expand and reward quality performance and is an important catalyst in the transformation of the military household goods industry.”
Under this contract, HomeSafe Alliance, a joint venture between KBR and Tier One Relocation, will modernize and infuse technology to improve the domestic and international relocation experience for all military personnel and their families. KBR expects to begin start up activities in mid-2022 with full contract performance during 2023.
About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 28,000 people worldwide with customers in more than 80 countries and operations in 34 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.
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