KBR Awarded Naval Facilities Engineering Command (NAVFAC) Job Order Construction Contract
31 Oct 2014
Houston, Texas - October 31, 2014 - KBR Inc. (NYSE: KBR) announced today that it has been awarded an indefinite-delivery/indefinite quantity job order construction contract by the Naval Facilities Engineering Command Europe Africa Southwest Asia for the largest U.S. base in Africa.
This contract award is the second recent contract awarded to KBR by NAVFAC to support military operations at Camp Lemonnier in Djibouti, Africa. KBR is currently performing operations and maintenance services under the Base Operations Support Services (BOSS) contract.
Under the terms of the contract, KBR will perform renovations, repairs, maintenance, replacement, alterations, demolition and small/midcap construction for Department of Defense activities in Djibouti, Africa. The value of the contract awarded to KBR is valued up to $50 million over five years.
KBR's prior success working in Djibouti has led to the award of this contract," said Stuart Bradie, KBR President and CEO. "KBR has long been a proud supporter of the U.S. military. We have successfully delivered on projects in harsh, complex environments in which the military has served and this project is no different."
Expected revenue from this contract will be booked as task orders are awarded to the Infrastructure, Government and Power business segment.
KBR is a global engineering, construction and services company supporting the energy, hydrocarbons, chemicals, industrial, civil infrastructure, minerals, government services and commercial markets. For more information, visit www.kbr.com.
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