CORRECTING & REPLACING KBR Selected for Security Worldwide Environmental Restoration & Construction 2009 Contract by U.S. Air...
November 23 2009 - 6:49PM
Business Wire
Third graph, first sentence, Bill Bodie's title is President
(sted Senior Vice President).
The corrected release reads:
KBR SELECTED FOR SECURITY WORLDWIDE ENVIRONMENTAL RESTORATION
AND CONSTRUCTION 2009 CONTRACT BY U.S. AIR FORCE CENTER FOR
ENGINEERING AND THE ENVIRONMENT
KBR (NYSE:KBR) today announced it has been awarded a basic
contract by the U.S. Air Force Center for Engineering and the
Environment (AFCEE) Contracting Officer to compete for future task
orders under the Worldwide Environmental Restoration and
Construction 2009 (WERC09) program. KBR is one of 23 companies that
received contract award notification from AFCEE in the Full &
Open competition. The total contract value to be dispersed among
participating contractors is $3 billion and has a base contract
period of five years.
Under the contract and upon award of future task order(s), KBR
will provide a full range of engineering and construction
activities necessary to meet Air Force and other customer
requirements. Requirements shall be carried out as specified
under Task Orders at locations worldwide. The WERC09 is an
indefinite delivery indefinite quantity (IDIQ) contract containing
Cost Plus Fixed Fee (CPFF), Firm Fixed Price (FFP), Fixed Price
Incentive Firm (FPI), and Cost Plus Incentive Fee (CPIF) contract
types which shall be established with each Task Order (TO)
award.
“We are pleased to have been selected by the AFCEE to bid for
future projects under the Worldwide Environmental Restoration and
Construction contract,” said Bill Bodie, President, KBR North
American Government and Defense. “Our long-standing commitment to
provide high quality services to our military customers remains
steadfast, and I am confident KBR will execute task orders under
this contract with the same level of quality the military has come
to expect from KBR.”
KBR is a global engineering, construction and services company
supporting the energy, hydrocarbon, government services, minerals,
civil infrastructure, power and industrial markets. For more
information, visit www.kbr.com.
KBR (NYSE:KBR)
Historical Stock Chart
From May 2024 to Jun 2024
KBR (NYSE:KBR)
Historical Stock Chart
From Jun 2023 to Jun 2024