KBR Secures Estimated $153M Cost Plus Fixed Fee Recompete Contract To Support Naval Test Wings Atlantic And Pacific Aircrew Services Over 5-Year Period
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KBR has secured an estimated $153 million cost-plus-fixed-fee recompete contract to support Naval Test Wings Atlantic and Pacific aircrew services over a 5-year period.
August 05, 2024 | 10:06 am
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KBR has secured a $153 million contract to support Naval Test Wings Atlantic and Pacific aircrew services over a 5-year period. This contract is likely to enhance KBR's revenue stream and strengthen its position in the defense sector.
The $153 million contract will provide a steady revenue stream for KBR over the next 5 years, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100