Press Release

HOUSTON, March 26, 2024 – KBR (NYSE:KBR) was awarded a new one-year $60.7 million task order with three one-year options on its Seaport NxG IDIQ contract to assist with project execution for the Naval Information Warfare Center (NIWC) Atlantic. The contract supports the Defense Health Agency’s (DHA) cybersecurity services and risk management framework (RMF) initiatives. If all options are exercised, the estimated value of the four-year task order is $245.6 million.

DHA oversees integrating clinical and business operations across the Military Health System (MHS). The primary focus of the contract is to provide cybersecurity and information assurance services at locations in and outside the Continental U.S.KBR’s role with NIWC Atlantic includes assessment and authorization execution, cyber tools development, security control assessments, and cybersecurity sustainment support.

“This work is critical to the protection and security of the Defense Health Agency’s infrastructure, which impacts the Military Health System as a whole,” said Byron Bright, President of KBR Government Solutions, U.S. “This is a new contract for KBR and we’re excited to demonstrate our high-end services and sophisticated cyber expertise in support of NIWC Atlantic’s continuous drive for innovative cybersecurity technologies and solutions.”

KBR’s cyber tools facilitate compliance testing with the National Institute of Standards and Technology’s RMF. This capability allows for thorough testing and validation of cybersecurity measures against established government standards ensuring that our customers’ systems remain robust, secure, and compliant with federal guidelines.

About KBR

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 34,000 people worldwide with customers in more than 80 countries and operations in over 30 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.

Visit www.kbr.com

Forward Looking Statements

The statements in this press release that are not historical statements, including statements regarding future performance of the Seaport NxG IDIQ contract and the value of potential contract extensions, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks, uncertainties and assumptions, 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, uncertainties and assumptions include, but are not limited to, those set forth in the company’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, which discuss some of the important risks, uncertainties and assumptions that the company has identified that may affect its business, results of operations and financial condition. Due to such risks, uncertainties and assumptions, you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

For further information, please contact:

Investors

Jamie DuBray

Vice President, Investor Relations
713-753-5082
Investors@kbr.com

Media

Philip Ivy
Vice President, Global Communications and Marketing 
713-753-3800
MediaRelations@kbr.com