Press Release

HOUSTON Ð (March 22, 2017) Ð KBR, Inc. (NYSE: KBR) announced today that the National Defense Industrial Association (NDIA) has named KBRwyle employee Bryan Smith the 2016 Navy Contractor Tester of the Year at the 32nd Annual National Test and Evaluation Conference in San Diego, California on March 8. KBRwyle is part of KBR, Inc.'s Government Services business.

Smith received the award for his work within the maritime patrol and reconnaissance aircraft flight test community; his expertise and knowledge enabled the successful testing of new capabilities and weapons for the U.S. military. Smith is the fifth KBRwyle employee to win a Tester of the Year award since 2004.

NDIA annually recognizes individuals who have made significant contributions in the field of test and evaluation with the Tester of the Year awards in three different categories: military, civilian, and contractor. Awardees are selected by the Office of the Secretary of Defense or one of the U.S. military's test and evaluation departments.

"Our KBRwyle team is proud of Bryan and his accomplishments within the flight test community," said Roger Wiederkehr, President, KBRwyle. "This award is indicative of the superior performance and dedication displayed by all of our KBRwyle flight testers."

Smith serves as a P-8A Poseidon weapons integration lead, tactical coordinator, and project officer for Air Test and Evaluation Squadron Two Zero (VX-20). Drawing upon his extensive S-3 Viking, F/A-18 Hornet, and P-8A experience, he has assisted in the development of fleet tactics, techniques and procedures.

"Mr. Smith has distinguished himself as an outstanding and innovative leader who has made many contributions that will have long-lasting positive impacts on the P-8A Integrated Test Team, the Maritime Patrol and Reconnaissance Aircraft community, and the U.S. Navy," said Joe Manas, Chair, NDIA Test and Evaluation Division. "The breadth and quality have tremendously benefited this community and we are honored to recognize Mr. Smith for his contributions."

A former U.S. Navy naval flight officer, weapon system officer and U.S. Naval Test Pilot School instructor, Smith belongs to KBRwyle's flight test team, which is one of the world's largest independent flight test organizations. KBRwyle's flight operations team has more than 50 years of flight test support experience gained through partnership with the U.S. Navy, U.S. Air Force, NASA and other government and commercial customers.

About KBR, Inc.

KBR is a global provider of differentiated professional services and technologies across the asset and program life cycle within the Government Services and Hydrocarbons sectors. KBR employs over 34,000 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 logisticsTechnology & 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 consultingEngineering & 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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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 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
Lynn Nazareth
Vice President, Investor Relations
713-753-5082
Investors@kbr.com

Media
Marit Babin Stout
Vice President, Global Communications & Government Relations
713-753-3800
Mediarelations@kbr.com