Press Release

HOUSTON, December 17, 2024 – KBR (NYSE: KBR) announced today it has been awarded an estimated $88M task order contract under the Department of Defense Information Analysis Center’s (DoD IAC) multiple-award contract (MAC) vehicle. These DoD IAC MAC task orders are awarded by the U.S. Air Force's 774 Enterprise Sourcing Squadron to develop and create new knowledge for the enhancement of the Defense Technical Information Center (DTIC) repository and the research and development and science and technology community. The work, primarily located at Naval Air Station Patuxent River, will take place over a period of five years.

Under the terms of the contract, KBR will promote rapid prototyping of new technologies into unmanned aviation platforms and systems, demonstrating these new technologies in representative and realistic environments, and integrating new technologies into existing platforms. KBR will mature designs into producible and sustainable products.

“This recompete win demonstrates that KBR is entrusted to deliver high-end capabilities while implementing complex systems of systems integrations,” said Byron Bright, President of Government Solutions U.S. “This task order epitomizes KBR’s ability to grow work with current customers and increase value.”

Over the past 15 years, KBR has maintained a presence in every fielded and developmental unmanned system at all four UAS program offices. The team has supported multiple platforms including Expeditionary Tactical UAS (ExTUAS), MQ-4C Triton, MQ-9A Reaper and MQ‑25A Stingray. 

ABOUT THE DOD IAC PROGRAM

“The DoD IAC, sponsored by the Defense Technical Information Center, provides technical data management and research support for DoD and federal government users. Established in 1946, the IAC program serves the DoD science & technology (S&T) and acquisition communities to drive innovation and technological developments by enhancing collaboration through integrated scientific and technical information development and dissemination for the DoD and broader S&T community”.

About KBR

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 37,000 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 performance periods, contract values and future demand, 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.

For further information, please contact:

Investors

Jamie DuBray

Vice President, Investor Relations
713-753-5082
[email protected]

Media

Philip Ivy
Vice President, Global Communications and Marketing 
713-753-3800
[email protected]