HOUSTON, Sept. 25, 2019 /PRNewswire/ -- KBR (NYSE:
KBR) announced today that it was awarded two contract modifications
totaling almost $40 million to
upgrade remote tracking stations in the Air Force Satellite Control
Network (AFSCN).
The U.S. Air Force Space Command (AFSC) Space and Missile
Systems Center (SMC) awarded these firm fixed price modifications
under the existing Hybrid Remote Tracking Station (RTS) Block
Change (RBC) Contract. KBR was awarded the RBC Hybrid contract in
February 2013.
AFSCN is a global system that provides command, control, and
communications for space vehicles and satellites. It supports
telemetry, tracking, and command for U.S. defense space vehicles as
well as selected space programs run by NASA and foreign allies.
Most recently, KBR won a $2.2
million award to perform construction activities at the
Diego Garcia Tracking Station (DGS) in the British Indian Ocean Territory (BIOT). This
will include electrical, mechanical and facilities upgrades
supporting the existing Hybrid project at the site. The award's
period of performance begins in September
2019 and runs through May
2020.
The company also received a $37.4
million award to upgrade RBC systems at the New Hampshire
Tracking Station in New Boston, New
Hampshire and the Telemetry and Command Station in
Oakhanger, England. KBR is
expected to complete this work by May
2022.
This work includes replacing existing Automated Remote Tracking
Station (ARTS) systems with new RBC systems and integrating these
RBC systems with existing antennas and associated subsystems. KBR
will ensure the successful integration and testing of the overall
system, which will ultimately enhance AFSCN operations.
"These awards highlight KBR's continued organic growth in
important military space markets," said Byron Bright, President, KBR Government
Solutions U.S. "They are a testament to our reputation for
delivering quality, dependable and innovative mission-critical
services to the government."
"KBR is proud to be a leader in advancing air, space, and
missile defense systems for the U.S. military and to partner with
the U.S. military to bolster our national security posture," Bright
continued.
In addition to the work at these sites, KBR has already
completed work on the Hawaii Tracking Station (HTS-B) and is
currently working on additional Hybrid projects at Guam Tracking
Station (GTS-A), Vandenberg Tracking Station (VTS-B) and Thule
Tracking Station (TTS-B).
KBR is a leader in modernizing and maintaining the U.S. national
security space infrastructure. It has provided more than 55 years
of ground systems support for the U.S. Air Force, U.S. Navy, NASA,
and other agencies.
About KBR, Inc.
KBR is a global provider of differentiated professional services
and technologies across the asset and program lifecycle within the
Government Solutions and Energy sectors. KBR employs approximately
38,000 people worldwide (including our joint ventures), with
customers in more than 80 countries, and operations in 40
countries, across three synergistic global businesses:
- Government Solutions, serving government customers globally,
including capabilities that cover the full lifecycle of defense,
space, aviation and other government programs and missions from
research and development, through systems engineering, test and
evaluation, program management, to operations, maintenance, and
field logistics
- Technology Solutions, featuring proprietary technology,
equipment, catalysts, digital solutions and related technical
services for the monetization of hydrocarbons, including refining,
petrochemicals, ammonia and specialty chemicals, as well as
inorganics
- Energy Solutions, including onshore oil and gas; LNG
(liquefaction and regasification)/GTL; oil refining;
petrochemicals; chemicals; fertilizers; differentiated EPC;
maintenance services (Brown & Root Industrial Services);
offshore oil and gas (shallow-water, deep-water, subsea); floating
solutions (FPU, FPSO, FLNG & FSRU); program management and
consulting services
KBR is proud to work with its customers across the globe to
provide technology, value-added services, integrated EPC delivery
and long term operations and maintenance services to ensure
consistent delivery with predictable results. At KBR, We
Deliver.
Visit www.kbr.com
Forward Looking Statement
The statements in this press
release that are not historical statements, including statements
regarding future financial performance, are forward-looking
statements within the meaning of the federal securities laws. These
statements are subject to numerous risks and uncertainties, 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 and uncertainties include, but are
not limited to: the outcome of and the publicity surrounding audits
and investigations by domestic and foreign government agencies and
legislative bodies; potential adverse proceedings by such agencies
and potential adverse results and consequences from such
proceedings; the scope and enforceability of the company's
indemnities from its former parent; changes in capital spending by
the company's customers; the company's ability to obtain contracts
from existing and new customers and perform under those contracts;
structural changes in the industries in which the company operates;
escalating costs associated with and the performance of fixed-fee
projects and the company's ability to control its cost under its
contracts; claims negotiations and contract disputes with the
company's customers; changes in the demand for or price of oil
and/or natural gas; protection of intellectual property rights;
compliance with environmental laws; changes in government
regulations and regulatory requirements; compliance with laws
related to income taxes; unsettled political conditions, war and
the effects of terrorism; foreign operations and foreign exchange
rates and controls; the development and installation of financial
systems; increased competition for employees; the ability to
successfully complete and integrate acquisitions; and operations of
joint ventures, including joint ventures that are not controlled by
the company.
KBR'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 discuss some of the important risk
factors that KBR has identified that may affect the business,
results of operations and financial condition. Except as required
by law, KBR undertakes no obligation to revise or update publicly
any forward-looking statements for any reason.
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SOURCE KBR, Inc.