KBR Awarded $176M Advanced Space Technology Research and Optimization Contract for Air Force Research Laboratory
Rhea-AI Summary
KBR has secured a $176M cost-plus fixed-fee, indefinite delivery indefinite quantity (IDIQ) contract from the Air Force Research Laboratory (AFRL) for the Air Force Maui Optical and Supercomputing Site (AMOS) in Hawaii. The Advanced Space Technology Research and Optimization (ASTRO) contract spans seven years.
Under this contract, KBR will provide important support services including:
- Operations and maintenance of advanced experimental equipment
- Data processing and analysis
- System maintenance and upgrades
- Modernization of mission systems
- Electro-optics work
- Documentation and archive management
AMOS plays a strategic role in national security by monitoring man-made space objects and developing next-generation space domain awareness capabilities.
Positive
- Secured substantial $176M IDIQ contract from AFRL
- Seven-year contract duration provides long-term revenue visibility
- Strengthens position in government space technology sector
- Expands strategic presence in national security infrastructure
Negative
- Cost-plus fixed-fee structure may limit profit margin potential
News Market Reaction
On the day this news was published, KBR gained 0.77%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
HOUSTON, March 17, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today it has been awarded a
Under the terms of the contract, KBR will provide support in operating and maintaining advanced experimental equipment; processing and analyzing data; performing maintenance and upgrades; and managing the modernization of mission systems to support AFRL’s space research and development efforts at AMOS. This work is expected to be performed over a seven-year period of performance with KBR performing work with electro-optics, processing, analyzing and archiving data to improve models and simulation. Regular repairs and maintenance of equipment will be conducted. Throughout the lifecycle of the contract, KBR will maintain and archive detailed records of all system documentation to streamline quality configuration management.
“We are excited for the opportunity to support AFRL and provide the improvements required to modernize assets aimed at increasing operational and sustainable capabilities,” said Stuart Bradie, KBR President and CEO. “It also presents an incredible opportunity for KBR to collaborate closely with the government and partners, pushing the boundaries of optical imaging and space domain awareness capabilities.”
AMOS plays a vital role in national security by monitoring man-made objects in space and continuously developing next-generation capabilities to keep pace with the expanding space domain. This award is evidence of KBR’s continued commitment to providing solutions related to space domain awareness technologies.
About KBR
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 38,000 people worldwide with customers in more than 80 countries and operations in over 29 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 performance periods and future task orders, 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
FAQ
What is the value and duration of KBR's new AFRL contract?
What services will KBR provide under the ASTRO contract?
Where will KBR perform the ASTRO contract work?
What is the strategic importance of the AMOS facility supported by KBR?
What type of contract did KBR receive from AFRL?
