Press Release

Wire Release_

HOUSTON Ð (February 11, 2019) Ð KBR, Inc. (NYSE: KBR) announced today that its global government services business, KBRwyle, has been awarded two contract modifications to continue providing base operating support services (BOSS) to the U.S. Navy in Djibouti and the Kingdom of Bahrain. The Naval Facilities Engineering Command (NAVFAC), Europe, Africa and Southwest Asia, awarded both contract extensions.

KBRwyle won a one-year contract modification to continue providing a full spectrum of services at Camp Lemonnier in Djibouti and other locations within Africa. With this extension, KBRwyle will support a base population of thousands of Soldiers, Sailors, Marines, and Airmen. This work will include everything from management and administration to air operations and galley services. The contract modification is the first of a possible seven option years on a $441 million firm-fixed-price, indefinite-delivery/indefinite-quantity contract originally won in 2017.

The services will primarily be performed at the Naval Support Facility, as well as at two forward operating locations Chabelley Air Field in Djibouti and Camp Simba in Manda Bay, Kenya. KBRwyle has provided base operating support services at Camp Lemonnier, the largest U.S. base in Africa, since 2013. Its work in the region dates back to 2003.

KBRwyle also received a one-year contract modification to continue support services at Naval Support Activity Bahrain. KBRwyle will provide a full range of services, including galley, security operations, and facilities, waste and utilities management. This is the first of a possible seven options years on a $91M indefinite-delivery/indefinite-quantity contract originally won in 2017.

These awards follow a recent $62M BOSS contract modification awarded to the company to support Navy Support Facility Diego Garcia in the British Indian Ocean Territory.
"These extensions are a testament to the confidence the U.S. military has in KBRwyle to continue providing mission critical operations services to U.S. Navy facilities around the world," said Byron Bright, KBR President Government Services U.S. "The awards highlight KBRwyle's unique ability to deliver excellent services in diverse environments."

While delivering vital services at these locations, KBRwyle has remained focused on safety. Exemplifying this commitment, KBRwyle has over 20 million hours without a lost-time incident in Djibouti despite its remote and austere conditions.

As a leading base operations support provider, KBRwyle serves U.S. and allied military forces, and diplomatic and civilian personnel deployed around the world. Its commitment to improving military readiness began in WWII when it provided a home away from home to troops on the front lines. Today, KBRwyle is known for its theater-opening expertise and providing safe and vital base operations support anytime, anywhere, even in the most extreme environments.About KBR, Inc.
KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle 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 lifecycle 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 logisticsTechnology, 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 and gasificationHydrocarbons Services, 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); program management and consulting services
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 U.S. 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
Alison Vasquez
Vice President, Investor Relations
713-753-5082
[email protected]

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