KBR, Inc. (KBR) PT Raised to $25 at Citi
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KBR, Inc. (KBR) Announces $140M Task Orders for Engineering & Rapid Prototyping Efforts for U.S. Navy
May 4, 2020 6:12 AM EDTKBR (NYSE: KBR) announced today that it has been awarded two recompete task orders totaling $140 million to support engineering and rapid prototyping efforts for the U.S. Navy.
The U.S. Air Force Installation Contracting Agency (AFICA) awarded KBR these cost-plus-fixed-fee task orders under the Department of Defense Information Analysis Center's (DoD IAC) multiple-award contract. KBR has supported the mission of the DoD research and development community through various predecessor DoD IAC contracts since 2005.
Most recently, KBR was awarded a $76.4 million task order to provide engineering, logistics and... More