KBR Receives $45M Contract Modification from U.S. Army to Boost Global Army Readiness; Byron Bright Quoted

The U.S. Army Contracting Command has awarded KBR (NYSE: KBR) a one-year, $45 million contract modification to continue providing maintenance, supply, transportation and other logistics functions for the U.S. Army Prepositioned Stock-3 Charleston Afloat Program, KBR announced on Thursday.

KBR’s support will provide Care of Supplies in Storage (COSIS) and integrated logistics support. This support will include inventory management and control, serialization, storage, tactical vehicle maintenance, marking and labeling, and distribution at U. S. Army Field Support Battalion – Charleston in Goose Creek, South Carolina.

“This contract extension speaks to KBR’s performance and responsiveness supporting the APS-3 program,” said Byron Bright, KBR President, Government Services U.S. “As a leading U.S Army readiness provider, we continue to provide prepositioned stock services and ensure the availability of combat-ready equipment to our forces around the world in support of their mission,” he continued.

KBR will also receive, inventory, and package various supply class stocks for storage. The company will perform maintenance on Army equipment that is prepositioned ashore and COSIS on ships afloat in the Indian and Pacific Oceans.

About KBR

KBR is a global provider of differentiated professional services and technologies across the asset and program life cycle within the Government Services and Hydrocarbons sectors.

The company employs over 37,500 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, Technology Solutions and Energy Solutions.

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