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KBR Wins $113M Contract for Air Force's Future Tankers Program
ZACKS· 2024-09-25 16:40
KBR, Inc. (KBR) has secured an estimated $113 million contract to assist the U.S. Air Force's Life Cycle Management Center in developing the Future Tankers Program. This contract, which spans five years, will involve research, development, and testing for aeronautical systems. The project is a significant win for KBR and aligns with its long-standing focus on digital engineering and defense modernization.Expanding the Future Tankers ProgramThe U.S. Air Force awarded the contract through the Department of De ...
KBR's JV Wins Lake Charles LNG Export Transformation Project Deal
ZACKS· 2024-09-24 16:55
KBR, Inc.’s (KBR) joint venture (JV), KTJV, has recently won a contract from a subsidiary of Energy Transfer LP — Lake Charles LNG Export Company — to support the development of its world-class LNG facility.KTJV is a JV between KBR and Technip Energies. It will provide high-end engineering, procurement, construction management, construction, commissioning, startup and other related services to transform the Lake Charles LNG import facility into an export facility.This project, which aims to meet growing glo ...
KBR Enhancing Digital Engineering for Future Tankers Programs with Estimated $113M Contract Win
Prnewswire· 2024-09-24 10:00
HOUSTON, Sept. 24, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced it has been awarded an estimated $113 million task order to perform aeronautical systems research, development, test and evaluation for the Air Force Life Cycle Management Center Mobility Directorate (AFLCMC/WL) at Wright-Patterson Air Force Base, Ohio over a period of five years. KBR was awarded this contract under the Department of Defense Information Analysis Center's (DoDIAC) multiple-award contract (MAC) vehicle. These IAC MAC task order ...
KTJV, a KBR Joint Venture, Selected for Transformative Lake Charles LNG Project
Prnewswire· 2024-09-19 20:15
HOUSTON, Sept. 19, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today that KTJV, a KBR and Technip Energies joint venture, has been selected by Lake Charles LNG Export Company, a subsidiary of Energy Transfer LP, for its Lake Charles LNG transformation project.Under the terms of the agreement, KTJV will provide high-end engineering, procurement, construction management, construction, commissioning, startup and other related services, subject to Lake Charles LNG's decision to issue a notice to proceed for ...
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
HOUSTON, Sept. 18, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded an estimated $230 million cost-plus-fixed-fee recompete 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. KBR will perform information syst ...
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 ...