KBR Secures Estimated $230M Cost-plus-fixed-fee Recompete Contract Under The Department Of Defense Information Analysis Center's Multiple-award Contract Vehicle
Portfolio Pulse from Benzinga Newsdesk
KBR has secured a $230 million contract to modernize information systems for the Department of Defense, specifically supporting Naval Air Systems Command and other entities. The work will be conducted over five years at key locations.

September 18, 2024 | 10:02 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
KBR has been awarded a $230 million contract to modernize information systems for the Department of Defense, which will enhance its revenue stream and strengthen its position in defense contracting.
The $230 million contract is a significant addition to KBR's portfolio, likely to positively impact its revenue and market position in the defense sector. The long-term nature of the contract (five years) provides stability and potential for future growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100