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KBRwyle Wins Prestigious NASA Prime Contractor Awards at Three NASA Centers

Wire Release

​HOUSTON – (March 14, 2019) – KBR, Inc. (NYSE: KBR) announced today that its global government services business, KBRwyle, has won multiple prestigious prime contractor awards from NASA in recognition of KBRwyle's support of the agency's small business program. NASA named KBRwyle as the Large Business Prime Contractor of the Year at Goddard Space Flight Center and at Johnson Space Center. NASA also recognized KBRwyle for the Mentor-Protégé Agreement of the Year at Ames Research Center.

"These accolades recognize KBRwyle's leadership and its ability to deliver high-performing teams of diverse and small businesses that help ensure NASA mission success across multiple NASA centers," said Byron Bright, President, KBR Government Services U.S. "To be recognized at three different centers simultaneously is a tremendous honor."

KBRwyle received the Large Business Prime Contractor of the Year award at the two NASA space centers for its overall contract performance, participation in NASA-related outreach events, sound small business practices and use of small business contractors.

KBRwyle's prime contract services at Goddard Space Flight Center include mission operations for on-orbit spacecraft and specialized science support in the areas of geodynamic, geomagnetic, geophysical and atmospheric investigations of solar system bodies.

At Johnson Space Center, KBRwyle serves as the prime contractor on multiple contracts providing spaceflight operations development, preparation and execution; mission systems support; and human spaceflight activities. KBRwyle experts staff every flight discipline console in the Mission Control Center and assist with every operational aspect of NASA's current human spaceflight programs.

NASA also honored KBRwyle as the recipient of the Mentor-Protégé Agreement of the Year award. KBRwyle received the award for its mentorship of MORI Associates at Ames Research Center where KBRwyle provides scientific research, technology and application development and program management solutions. During its two-year agreement, KBRwyle successfully provided subcontractor MORI Associates with training and guidance on business growth strategies, business development, quality assurance certification and other topics.

KBRwyle provides long-term engineering, technical and scientific solutions to NASA dating back to Project Gemini. It operates at eleven NASA centers and facilities serving all four mission directorates. KBRwyle's expertise includes human and robotic spaceflight, planetary, space and life science, satellite integration and mission operations, and ground systems and communications.

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 36,000 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 logistics
  • Technology, 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 gasification
  • Hydrocarbons 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
Investors@kbr.com

Media
Brenna Hapes
External Global Communications
713-753-3800
Mediarelations@kbr.com