KBR Awarded $85M Procurement as a Service Contract for Airfield Repair Kits with U.S. Air Force

Rhea-AI Summary

KBR (NYSE: KBR) has secured an $85M firm fixed price task award from the U.S. Air Force under the Air Force Contract Augmentation Program (AFCAP). The contract focuses on the procurement, design, and global delivery of AM-2 Matting airfield damage repair kits.

The project, running from February 2025 to February 2027, involves fabricating, designing, assembling, and delivering various airfield matting kits to U.S. Air Force locations worldwide. KBR will manage door-to-door delivery of all components while adhering to strict data management and export compliance regulations.

Additionally, KBR provides base operations support to the U.S. Air Force across multiple countries including Spain, Türkiye, Saudi Arabia, Kuwait, UAE, and Japan, leveraging over 30 years of experience in supporting U.S. military and allied nations.

Positive

• Secured new $85M firm fixed price contract
• Two-year guaranteed revenue stream (2025-2027)
• Expands existing relationship with U.S. Air Force
• Demonstrates expertise in complex military logistics and procurement services

Negative

• None.

HOUSTON, March 10, 2025 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today it has been awarded a firm fixed price, $85M task award by the U.S. Air Force to procure, design and deliver critical training aids and airfield damage repair kits globally. The AM-2 Matting task award falls under the Air Force Contract Augmentation Program (AFCAP) contract.

Under the AM-2 task award, KBR will fabricate, design, assemble, supply, package and deliver various types of airfield matting kits to U.S. Air Force locations worldwide. KBR will provide door-to-door delivery of all components, kits and materials. The airfield kits are part of the Air Force’s strategic global positioning and require complex logistics and supply chain expertise to adhere to strict data management and export compliance regulations. The period of performance is February 2025 to February 2027.

“Our Readiness and Sustainment team works closely with the U.S. military to ensure sustainment missions are met globally,” said Byron Bright, KBR Government Solutions U.S. President. “KBR’s AFCAP team leverages deep domain expertise and our global delivery platform to execute complex missions. The AM-2 task award is an example of KBR’s Procurement as a Service capability, which allows our government customers to focus on their mission while ensuring successful sustainment operations.”

KBR also provides base operations support to the U.S. Air Force in Spain, Türkiye, Saudi Arabia, Kuwait, UAE and Japan. KBR has provided mission-critical support to the U.S. military and allied nations for more than 30 years and operates in some of the most complex environments around the globe.

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 contract values, 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 U.S. Air Force contract for airfield repair kits?

KBR secured an $85M contract running from February 2025 to February 2027 for global delivery of AM-2 Matting airfield damage repair kits.

What services will KBR provide under the new AFCAP contract?

KBR will fabricate, design, assemble, supply, package and deliver various types of airfield matting kits globally, including door-to-door delivery of all components.

In which countries does KBR provide base operations support for the U.S. Air Force?

KBR provides base operations support in Spain, Türkiye, Saudi Arabia, Kuwait, UAE, and Japan.

What is the significance of the AM-2 Matting task award for KBR's business?

The award demonstrates KBR's Procurement as a Service capability and expertise in complex logistics and supply chain management for strategic military operations.