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KBR Strengthens Defense Ties With $230M Navy Contract Award
ZACKS· 2024-09-19 15:51
KBR, Inc. (KBR) has been awarded a $230 million cost-plus-fixed-fee contract by the Department of Defense Information Analysis Center. This contract is part of a larger initiative by the U.S. Air Force’s 774th Enterprise Sourcing Squadron to enhance information systems and provide logistics IT solutions for Naval Air Systems Command (NAVAIR) and other key military branches. The five-year contract will primarily focus on modernizing information systems, conducting research, and improving logistical IT for U. ...
KBR Awarded Estimated $230M Contract Supporting Information Systems Modernization for NAVAIR
Prnewswire· 2024-09-18 10:00
Core Insights - KBR has been awarded a $230 million recompete contract by the Department of Defense Information Analysis Center to enhance the DTIC repository and support R&D and S&T community initiatives [1][2] - The contract involves information systems modernization for Logistics Information Technology programs, primarily supporting Naval Air Systems Command and related entities [1][2] - KBR has a long-standing relationship with the U.S. government, having supported similar requirements for over 21 years [3] Company Overview - KBR employs approximately 36,000 people globally and operates in over 30 countries, providing technology and engineering solutions to various government and commercial clients [5] - The company focuses on delivering high-end technical capabilities and maintaining cost-conscious operations while supporting over 83,000 users across U.S. military branches [3][5] Contract Details - The contract will be executed over a five-year period, with work primarily conducted at Naval Air Station Patuxent River, Maryland, and Huntsville, Alabama [1] - KBR's LOG IT team will provide optimized IT solutions, including real-time data movement, deployable hosting solutions, and end-to-end testing environments [2] DoD IAC Program - The DoD IAC program, established in 1946, aims to enhance collaboration and drive innovation within the DoD science and technology community [4]
KBR Wins $140M US Air Force Follow-On Task Order, Aids GS Backlog
ZACKS· 2024-09-17 16:55
KBR, Inc. (KBR) has secured a 60-month, $140 million recompete Information Analysis Center Multiple Award Contract task order from the U.S. Air Force. As a trusted partner, KBR will provide critical engineering tasks to ensure the operational safety, suitability, and effectiveness of systems under the Air Force Life Cycle Management Center (AFLCMC).KBR’s experts will continue conducting research and analyses to enhance reliability, maintainability, and life cycle management, among other key areas, at Hill A ...
KBR Awarded $140 Million Follow-on Task Order Supporting the Air Force Life Cycle Management Center
Prnewswire· 2024-09-16 10:00
HOUSTON, Sept. 16, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced it was awarded a 60-month cost-plus-fixed-fee recompete Information Analysis Center Multiple Award Contract (IAC MAC) task order with an estimated value of $140 million to provide operational safety, suitability, and effectiveness engineering tasks supporting the Air Force Life Cycle Management Center (AFLCMC).As the U.S. Air Force's trusted partner, KBR will continue to perform research and analyses developing recommendations related to reli ...
KBR Wins Conceptual Study Contract From SHI, Boosts STS Backlog
ZACKS· 2024-09-13 17:31
KBR, Inc. (KBR) received a conceptual study contract from one of the world's largest shipbuilders in South Korea — Samsung Heavy Industries (“SHI”).This first-of-its-kind floating ammonia production facility is part of SHI's diversification in the ocean energy business, with a focus on maritime technology. The process will involve KBR's low-carbon blue ammonia process technology and leverage SHI's expertise in the design of mega-floating vessels.KBR’s Technology Business Bodes WellKBR’s focus on a resilient ...
KBR Awarded Conceptual Study Contract for Floating Blue Ammonia Production by Samsung Heavy Industries
Prnewswire· 2024-09-12 10:00
HOUSTON, Sept. 12, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded a conceptual study contract for floating blue ammonia production from Samsung Heavy Industries (SHI), one of the world's largest shipbuilders in South Korea.The award is part of SHI's diversification in the ocean energy business, with a focus on maritime technology. The study will utilize KBR's innovative blue ammonia technology, suitable for offshore production, and leverage SHI's expertise in the design of mega flo ...
KBR Wins Deal to Enhance Australian Nuclear Submarine Facilities
ZACKS· 2024-09-11 17:20
KBR, Inc. (KBR) has been awarded a contract to continue providing technical design services at HMAS Stirling, advancing Australia's nuclear-powered submarine infrastructure. The contract, granted by the Security and Estate Group and the Australian Submarine Agency, aims to support the Submarine Rotational Force – West, accelerating Australia's capabilities to safely operate and maintain a future nuclear-powered submarine fleet.KBR will integrate Frazer Nash Consultancy, a KBR subsidiary, to deliver nuclear ...
KBR Boosts Backlog With New Contract Win From ZPC in China
ZACKS· 2024-09-10 17:01
KBR, Inc.’s (KBR) ROSE supercritical Solvent De-Asphalting technology has been chosen by Zhejiang Petroleum & Chemical Co. Ltd. (“ZPC”), a subsidiary of Rongsheng Petrochemical Co. Ltd. in China.Per the contract, KBR will be offering technology licensing and proprietary engineering design to ZPC, intended to upgrade the latter’s residue conversion for higher profitability and operational sustainability.KBR’s ROSE is an innovative supercritical extraction technology designed for safe start-up and reliable pe ...
KBR Expands Support of Australia's Critical Submarine Rotational Program, Progressing Pathway for AUKUS
Prnewswire· 2024-09-10 10:00
HOUSTON, Sept. 10, 2024 /PRNewswire/ -- KBR (NYSE: KBR) today announced that it has been awarded a contract to continue to deliver technical design services at HMAS Stirling by the Security and Estate Group and the Australian Submarine Agency. This work will support the sovereign nuclear-powered submarines facilities and infrastructure program, enabling the Submarine Rotational Force (SRF) – West, and accelerating Australia's ability to safely own, operate, maintain and sustain its own future nuclear powere ...
KBR's Market-Leading ROSE Technology Selected by Zhejiang Petroleum for the Largest SDA Unit in China
Prnewswire· 2024-09-09 10:00
HOUSTON, Sept. 9, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it has been awarded a contract for its ROSE® supercritical Solvent De-Asphalting (SDA) technology from Zhejiang Petroleum & Chemical Co. Ltd. (ZPC), a subsidiary of Rongsheng Petrochemical Co. Ltd. in China.Under the terms of the contract, KBR will provide technology licensing and proprietary engineering design to ZPC, the operator of China's largest refinery."We are looking forward to working with ZPC on this unit, which will be th ...