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KBR’s Mission Technology Solutions Awarded Two Task Orders Supporting US Air Force Operations in Southwest Asia

KBR (NYSE: KBR) Mission Technology Solutions won two firm-fixed-price task orders under AFCAP V to provide transient aircraft services across Southwest Asia and dining facility services at Al Dhafra Air Base, UAE.

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KBR (NYSE: KBR) Mission Technology Solutions won two firm-fixed-price task orders under AFCAP V to provide transient aircraft services across Southwest Asia and dining facility services at Al Dhafra Air Base, UAE. The combined contract ceiling is more than $41 million, with performance starting May 2026: one base year plus three option years.

Work supports U.S. Air Force readiness across U.S. Central Command and continues KBR’s more-than-30-year record of regional base-operations support.

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Positive

  • Combined task order ceiling of more than $41 million
  • Awards are under AFCAP V, reinforcing presence in U.S. Central Command theater
  • Period of performance: May 2026 start, one base year plus three option years

Negative

  • Full contract value depends on exercise of three option years, so realized revenue may be lower
Argus May 7 session
-5.44% close to close Open Argus
Details

News Market Reaction – KBR

On May 7, the day this news came out, KBR closed 5.44% below the previous close.

Data tracked by StockTitan Argus for the May 7 session.

Market Context

On May 7, the day this news came out, the stock closed 5.4% below the previous close. A negative rea...
Analysis

On May 7, the day this news came out, the stock closed 5.4% below the previous close. A negative reaction despite contract awards would contrast with prior instances where new work supported modest gains. The AFCAP V task orders exceed $41 million in ceiling and add to recent wins, but broader concerns tied to the earlier Q1 earnings decline or overall technical weakness below the 200‑day MA at 43.07 could dominate sentiment. Such pressure might persist if investors focus more on earnings trends than backlog additions.

Key Figures

Contract ceiling value: more than $41 million Task orders count: 2 task orders Base period: 1 base year +2 more
Contract ceiling value
more than $41 million
Combined ceiling for two AFCAP V task orders
Task orders count
2 task orders
Firm-fixed-price awards under AFCAP V
Base period
1 base year
Period of performance starting May 2026
Option years
3 option years
Possible extensions for awarded services
Support history
more than 30 years
Time supporting U.S. military and allied missions

Historical Context

5 past events · Latest: May 05
5 events
  1. May 05

    Q1 2026 earnings

    24h Move
    -5.4%

    Lower revenue and net income, with guidance reaffirmed for fiscal 2026.

  2. May 04

    Army LOGCAP award

    24h Move
    +3.3%

    Two LOGCAP V task order mods with $449M combined ceiling for Army support.

  3. Apr 30

    Lithium tech investment

    24h Move
    +4.1%

    Strategic investment in Geolith to expand Direct Lithium Extraction deployment.

  4. Apr 29

    Defense analytics IDIQ

    24h Move
    +0.1%

    Five‑year IDIQ with $510M ceiling for joint data and analytic support.

  5. Apr 27

    Transportation systems BPA

    24h Move
    +0.2%

    Five‑year $200M BPA to support safer, smarter U.S. transportation systems.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

firm-fixed-price, air force contract augmentation program (afcap) v
2 terms
firm-fixed-price financial
"has been awarded two firm-fixed-price task orders under the Air Force"
A firm-fixed-price contract sets a single, unchanging price for goods or services that the seller must deliver, regardless of how much those costs rise or fall during performance. For investors, this matters because the buyer bears little cost uncertainty while the seller absorbs any cost overruns, which can make revenue more predictable but can squeeze profit margins if expenses increase—think of agreeing to buy a product at a set price even if the seller’s costs go up.
air force contract augmentation program (afcap) v technical
"task orders under the Air Force Contract Augmentation Program (AFCAP) V to provide"
AFCAP V is a long-term purchasing agreement used by the U.S. Air Force to buy a wide range of support services — such as base operations, logistics, information technology and professional staffing — from multiple approved vendors. For investors, winning work under this kind of program can provide steady, predictable revenue similar to being on a grocery chain’s approved supplier list, because it gives companies repeated opportunities to receive task orders without re-bidding for each job.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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HOUSTON, May 07, 2026 (GLOBE NEWSWIRE) -- KBR (NYSE: KBR) announced today its Mission Technology Solutions division has been awarded two firm-fixed-price task orders under the Air Force Contract Augmentation Program (AFCAP) V to provide transient aircraft services across Southwest Asia and dining facility services at Al Dhafra Air Base, United Arab Emirates (UAE). The awards, with a combined ceiling value of more than $41 million, strengthen KBR’s long-standing support of U.S. Air Force mission readiness across U.S. Central Command, the U.S. military’s combatant command responsible for the Middle East. The period of performance begins in May 2026, with one base year and three option years.

“These awards demonstrate KBR’s ability to deliver dependable, mission‑critical services wherever and whenever our customers need them,” said Doug Hill, KBR Readiness and Sustainment President. “Across AFCAP V, our teams combine deep operational expertise, disciplined execution and innovative approaches to support readiness and sustainment missions in the world’s most complex environments.”

KBR provides extensive support and base operations services for the U.S. Air Force in Spain, Turkey, Saudi Arabia, Kuwait, Qatar, the UAE and Japan, and has supported U.S. military and allied nation missions for more than 30 years.

About KBR

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 36,000 people worldwide with customers in more than 85 countries and operations in over 28 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 KBR’s support of Air Force operations, 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 
Rachael Goldwait 
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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did KBR (NYSE: KBR) announce about AFCAP V task orders on May 7, 2026?

KBR announced two firm-fixed-price AFCAP V task orders totaling more than $41 million. According to KBR, work begins May 2026 and covers transient aircraft services and dining facility services at Al Dhafra Air Base, UAE.

What services will KBR provide under the May 2026 task orders (KBR)?

KBR will provide transient aircraft services across Southwest Asia and dining facility services at Al Dhafra Air Base. According to KBR, these awards support U.S. Air Force mission readiness in the U.S. Central Command area.

When does the period of performance for KBR's new task orders start and how long could it run?

The period of performance begins in May 2026 with one base year and three option years. According to KBR, option years may extend the work beyond the initial base year if exercised.

How material are the KBR task orders awarded May 7, 2026 to investors?

The combined ceiling is more than $41 million, a concrete contract award amount. According to KBR, the figure is a ceiling; realized revenue depends on work performed and option exercises.

Where will KBR perform the work from the AFCAP V task orders (NYSE: KBR)?

KBR will operate across Southwest Asia and at Al Dhafra Air Base in the UAE. According to KBR, the work supports U.S. Air Force operations across U.S. Central Command countries.

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