KBR Awarded $187M U.S. State Department Task Order for Medical Support Services in Iraq

Rhea-AI Summary

KBR has secured a $187M task order from the U.S. Department of State to deliver medical support services in Iraq. The Medical Support Services Iraq (MedSSI) task order, operating under the Diplomatic Platform Support Services (DiPSS) contract, will run for five years through 2029.

Under this contract, KBR will manage a Diplomatic Support Hospital and four clinics supporting the U.S. Embassy in Iraq, serving over 4,000 personnel. The company will provide comprehensive medical care including primary, urgent, and emergency services. The medical team will offer specialized care in areas such as surgery, orthopedics, neurology, gynecology, radiology, emergency medicine, critical care, mental health and triage.

This marks KBR's first medical support contract with the State Department, building on their experience providing health services to NASA and U.S. military personnel.

Positive

• Secured new $187M contract with U.S. Department of State
• Five-year contract duration provides stable revenue through 2029
• Expansion into new customer segment (State Department) for medical services
• Large service scope covering 4,000+ personnel

Negative

• Time and material (T&M) contract structure carries potential cost management risks

HOUSTON, Jan. 27, 2025 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded a new time and material (T&M), cost-reimbursable task order by the U.S. Department of State to provide medical support services in Iraq. The Medical Support Services Iraq (MedSSI) task order has a $187M ceiling and falls under the Diplomatic Platform Support Services (DiPSS) contract.

Under the MedSSI task order, KBR will provide medical support services to a population of over 4,000 personnel supporting U.S. Mission Iraq. KBR will operate a Diplomatic Support Hospital and four clinics supporting the U.S. Embassy in Iraq. KBR will provide on-site primary, urgent, and initial emergency care. KBR physicians, nurse practitioners, physicians' assistants and support staff will be certified to provide general and specialty care, including surgery, orthopedics, neurology, gynecology, radiology, emergency medicine, critical care, mental health care and triage. The period of performance is five years and runs through 2029.

"KBR is proud to support the U.S. diplomatic mission in Iraq," said Byron Bright, President, KBR Mission Technology Solutions. "Access to quality medical care is critical to State Department personnel, and our team of skilled medical professionals and hospital administrators stand ready to provide top-notch care. With our long history in Iraq, KBR is well-positioned with a robust supply chain, sophisticated logistics and a solid understanding of Iraqi operational requirements."

The MedSSI task order is KBR's first medical support contract with the U.S. Department of State. KBR has provided health and human performance care to NASA and the U.S. military for decades, including medical and psychological services to U.S. astronauts and special operations personnel.

About KBR

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 37,000 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 performance periods, contract values and future capabilities, 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

 

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SOURCE KBR, Inc.

FAQ

What is the value and duration of KBR's new medical services contract in Iraq?

KBR's medical services contract in Iraq has a ceiling value of $187 million and will run for five years through 2029.

How many facilities will KBR operate under the MedSSI contract in Iraq?

KBR will operate one Diplomatic Support Hospital and four clinics supporting the U.S. Embassy in Iraq.

What medical specialties will KBR provide under the Iraq contract?

KBR will provide services in surgery, orthopedics, neurology, gynecology, radiology, emergency medicine, critical care, mental health care, and triage.

How many personnel will KBR's medical services support in Iraq?

KBR's medical services will support a population of over 4,000 personnel supporting U.S. Mission Iraq.

Is this KBR's first medical support contract with the U.S. Department of State?

Yes, the MedSSI task order is KBR's first medical support contract with the U.S. Department of State.