KBR, Inc. (KBR) Announces Receipt of 'Significant' $736M Change Order from U.K. MoD
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KBR Awarded Significant Program Management Contract Change Order for UK's Ministry of Defence, Increasing Fourth Quarter Backlog
November 1, 2016 8:38 AM EDTHOUSTON, TX -- (Marketwired) -- 11/01/16 -- KBR, Inc. (NYSE: KBR) announced today its joint venture, Aspire Defence, has been awarded a significant change order expanding services to be provided under an existing contract for the UK's Ministry of Defence (MoD). The change order, with a total value for the joint venture of approximately $1.4bn USD, calls for construction and program management services and facilities maintenance at the UK major military estate -- Project Allenby/Connaught -- in the South of England.
Under the terms of the change order, KBR, as part of the... More
