HOUSTON, Dec. 16,
2024 /PRNewswire/ -- KBR (NYSE: KBR) announced it has
been awarded an estimated $445
million cost-plus-fixed-fee 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 774th Enterprise Sourcing Squadron to
develop and create new knowledge for the enhancement of the DTIC
repository and the R&D and S&T community. This recompete
for the Joint Mission Environment Test Capability (JMETC) program
supports the Office of the Secretary of Defense's Test Resource
Management Center (TRMC). The work will be performed over a period
of five years across multiple DoD locations.
The JMETC environment provides a test infrastructure consisting
of the components necessary to conduct joint distributed test
events by cost-effectively integrating live, virtual, and
constructive test resources that are configured to support the
users' needs. Under the terms of the contract, KBR will
research, assess and address unique test and experimentation
requirements to enhance JMETC's capabilities and integrate work
into additional locations. KBR will support the TRMC in expanding
test and experimentation connectivity and develop enhanced
capabilities for test and experimentation environments through
research, data analysis, system development, evaluations, strategic
planning, and assessments.
"Building upon more than 24 years of support to this customer,
KBR continues to leverage enhanced capabilities for critical
technology areas for the Department of Defense," said Stuart Bradie, KBR President and CEO. "This
contract highlights KBR's commitment and support to the United States military through innovation
and technological developments."
For the past five years, KBR has leaned forward expanding our
support across many DoD critical technology areas including
artificial intelligence (AI/ML), hypersonics, big data, RDT&E
networking gear, multi-domain operations, cybersecurity, and event
support for essential large force exercises and experimentation
events. KBR serves as subject matter experts in T&E Science and
Technology (S&T) for these DoD test and evaluation
infrastructure capabilities.
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 capabilities, 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.
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SOURCE KBR, Inc.
