HOUSTON, Jan. 21, 2019 /PRNewswire/ — KBR, Inc. (NYSE: KBR) announced today that its global government services business, KBRwyle, has been awarded a $52 million, six-month contract extension by the U.S. Marine Corps (USMC) to continue to provide prepositioning and logistics support services for the USMC Blount Island Command. KBRwyle has operated under this contract for almost 10 years, demonstrating the Marine Corps’ trust in KBRwyle to help maintain combat readiness for U.S. troops.

Under this contract, KBRwyle acquires, maintains, and prepositions mission-critical supplies and equipment, such as combat vehicles, rations, water, fuel, medical supplies, and artillery and ammunition for troops deployed worldwide. KBRwyle provides logistics services that include supply support, inventory management, IT support, preservation and packaging, shipping and receiving, and maintenance in and outside of the U.S.

A majority of this work is performed in Jacksonville, Florida, but KBRwyle also supports prepositioned stock in Kuwait and Norway, as well as aboard 12 Navy ships in the Indian and Pacific Oceans.      

“We are proud of the trust the Marine Corps has placed in KBRwyle to provide them with the best combat ready equipment and supplies wherever they are in the world,” said Byron Bright, KBR President Government Services U.S.  

KBRwyle is the leading readiness provider of prepositioned stock to the USMC and U.S. Army. For more than 35 years, the company has provided program planning, maintenance, care of supplies in storage, and a full range of logistics services to strategically prepositioned stocks afloat and ashore worldwide.

About KBR, Inc.

KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle within the Government Services and Hydrocarbons sectors. KBR employs approximately 34,000 people worldwide (including our joint ventures), with customers in more than 75 countries, and operations in 40 countries, across three synergistic global businesses:

• Government Services, 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, including proprietary technology focused on the monetization of hydrocarbons (especially natural gas and natural gas liquids) in ethylene and petrochemicals; ammonia, nitric acid and fertilizers; oil refining and gasification
• Hydrocarbons Services, 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.

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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.