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Press Release


KBR Wins Multiple Prime Seats on ASTRO Contract

Publish date

GSA contract delivers a variety of services related to manned, unmanned, and optionally manned systems, robotics, and platforms.

HOUSTON – (December 14, 2021) – KBR (NYSE: KBR) was awarded eight prime contracts as a part of the General Services Administration (GSA) ASTRO multiple award, indefinite delivery/indefinite quantity (IDIQ) contract, which encompasses services related to manned, unmanned, and optionally manned systems, robotics, and platforms.

ASTRO, which is administered by GSA’s Federal Systems Integration and Management Center (FEDSIM), has 10 separate, multiple award IDIQ contracts or pools. KBR was named a prime contractor on eight pools: data operations, mission operations, ground, space, development and systems integration, research, support, and training.

“KBR is excited to continue to support the Department of Defense, particularly its combatant commands, through the ASTRO contract,” said Stuart Bradie, KBR President and CEO. “The number of pools awarded to KBR shows the depth and breadth of our global expertise and the evolution of our business to address new and emerging threats with innovative solutions.”

Each contract has a five-year base, with the option to extend five more years. There is no maximum dollar ceiling for the ASTRO contract as a whole or for each individual pool, though the contract is estimated to be in the multi-billion-dollar range.

KBR is proud to be a leader in advancing air, space, cyber, and missile defense systems for the U.S. military. As the team behind the mission, customers rely on KBR. Our subject matter experts are sought after to test, integrate and maintain new technologies and solve traditional problems, such as how to reduce critical military equipment downtime and extend the life of legacy systems.

About KBR, Inc.

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 29,000 people worldwide with customers in more than 80 countries and operations in 40 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.


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 significant adverse impacts on economic and market conditions of the COVID-19 pandemic and the company's ability to respond to the resulting challenges and business disruption; the recent dislocation of the global energy market;; the company's ability to manage its liquidity; 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; 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; the possibility of cyber and malware attacks; 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:

Alison Vasquez
Vice President, Investor Relations
[email protected]

Philip Ivy
Vice President, Global Communications and Marketing
[email protected]

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