KBR Joint Venture Wins Significant Kuwait Base Operations and Security Support Services Contract for U.S. Army
HOUSTON - (October 13, 2016) - KBR (NYSE: KBR) announced today that its joint venture with Triple Canopy, Inc., KBR-Triple Canopy, LLC, was awarded the Kuwait Base Operations and Security Support Services (K-BOSSS 2.0) contract by the U.S. Army Contracting Command - Rock Island. KBR owns 75% and Triple Canopy 25% of the KBR-Triple Canopy, LLC.
The KBR joint venture will provide: logistics; engineering services; installation support services including morale, welfare & recreation (MWR); information management; forms and publications, official mail, and reproduction services; postal operations; healthcare support services; operations, security, fire and emergency services.
Services will be performed in the Kuwait Area of Responsibility including: Camp Arifjan, Camp Buehring, Udairi Range Complex, Camp Patriot on the Kuwait Naval Base (KNB), the Aerial Port of Debarkation (APOD) located at the Kuwait City International Airport (KCIA), and Sea Port of Debarkation (SPOD) located at the Kuwait Port of Shuaiba.
"We are very pleased about this opportunity, along with Triple Canopy, to provide base operations and security support services for the Army in Kuwait," said Stuart Bradie, KBR President and CEO. "The KBOSSS 2.0 contract provides us the opportunity to continue our long, successful history providing major overseas installation services support solutions for the U.S. Armed Services. This win underscores KBR's reputation as a strategic services integrator providing disciplined delivery, high customer satisfaction and unparalleled performance in austere contingency environments and in their accompanying theater opening locations," continued Bradie.
KBR has successfully provided services support solutions for the U.S. joint Armed Services spanning the military operational continuum from contingencies to critical forward locations across the globe and at home. KBR provides Base Operations Support Services for the U.S. Navy in Djibouti and Bahrain while simultaneously providing immediate response services support solutions for the U.S Army in Kuwait, Iraq and much of Europe through the Army's Logistics Civil Augmentation (LOGCAP) IV contract. KBR is also currently operating in Poland supporting the U.S. Navy and Missile Defense Agency, providing Integrated Base Operations Support.
KBR's U.S. Government business division now executes services under the brand name "KBRwyle" and includes recent acquisitions Wyle, Inc. and heritage Honeywell Technical Solutions, Inc. (HTSI). KBRwyle provides capabilities that span the full spectrum of the life-cycle of Defense, Space, Aviation & Government Programs from program management, research and development, through test and evaluation, to operations, maintenance, field logistics and security support.
The contract is a firm fixed-price contract for one year with four option years. The total contract for the first year is valued at over $115M and the full contract is expected to exceed $800M over the five year life of the contract.
About KBR, Inc.
KBR is a global provider of differentiated professional services and technologies across the asset and program life cycle within the Hydrocarbons and Government Services Sectors. KBR employs over 31,000 people worldwide, with customers in more than 80 countries, and operations in 40 countries, across three synergistic global businesses:Government Services, serving government customers globally, including capabilities that cover the full life-cycle 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 & Consulting, 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; gasification; oil and gas consulting; integrity management; naval architecture and proprietary hulls; and downstream consulting; Engineering & Construction, 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) and program management.
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.
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For further information, please contact:
Investors
Lynn Nazareth
Vice President, Investor Relations
713-753-5082
Investors@kbr.com
Media
Marit Babin Stout
Director, Global Communications & Government Relations
713-753-3800
Mediarelations@kbr.com
