KBR Secures Major Contract to Support Astronaut Health
KBR (NYSE: KBR) is thrilled to announce its recent achievement of securing an estimated $2.459 billion contract with NASA, dedicated to enhancing astronaut health, occupational well-being, and various research endeavors. This contract is crucial as it aims to tackle health risks that future human spaceflight missions may encounter.
Long-Term Contract with Significant Value
The contract sets to commence its operations over a five-year period starting on November 1, and includes two optional extension periods that could prolong it until 2035. The full estimated worth of both the base period and the optional periods rises to an impressive $3.6 billion. Much of the work will take place at NASA’s Johnson Space Center.
Services Offered Under the Contract
Through the Human Health and Performance Contract 2, KBR will deliver a variety of support services for essential programs such as the Human Research Program, International Space Station Program, Commercial Crew Program, and the Artemis campaign. Key services will ensure the health, safety, and performance of crew members, provide occupational health services, and engage in research aimed at mitigating health risks impacting the future of spaceflight crews.
Commitment to NASA's Vision
Mark Kavanaugh, KBR's President for Defense, Intelligence, and Space, expressed pride in the contract, stating, “This contract reinforces KBR’s leadership in human spaceflight operations and highlights our expertise in supporting NASA’s vision for space exploration. We’re excited to contribute to long-duration space travel initiatives, including the Artemis missions, paving the way for humans to live sustainably beyond Earth.”
Advancing Space Exploration Initiatives
The awarded contract signifies KBR’s ongoing success in providing innovative solutions and vital support to NASA’s objectives in space exploration. With a legacy spanning over 60 years in supporting human spaceflight, KBR plays a critical role in enhancing human health and performance in space, ultimately contributing to the success of various missions.
About KBR
KBR is dedicated to delivering outstanding scientific, technological, and engineering solutions to governments and companies around the globe. The company employs approximately 37,000 individuals internationally, serving customers in over 80 countries with operations scattered across 29 nations. KBR is committed to working collaboratively with its clients to supply unparalleled technology, value-added services, and dependable operations and maintenance services aimed at ensuring consistent delivery with predictable results.
Frequently Asked Questions
What is the value of the contract awarded to KBR?
The contract awarded to KBR is estimated at $2.459 billion, with a potential total value of $3.6 billion including optional periods.
When will the contract begin?
The contract is set to begin its five-year performance period on November 1.
What programs will KBR support under this contract?
KBR will provide services for several programs, including the Human Research Program, International Space Station Program, Commercial Crew Program, and the Artemis campaign.
How long has KBR been involved in human spaceflight?
KBR has over 60 years of experience in supporting human spaceflight initiatives.
Who can I contact for more information about KBR?
For additional information, you can reach out to Jamie DuBray at KBR for investor inquiries or Philip Ivy for media inquiries, both of whom are Vice Presidents at the company.
