KBR Secures $2.459 Billion NASA Contract for Astronaut Support

Major Contract Awarded to KBR for Astronaut Health
KBR has received an impressive contract valued at approximately $2.459 billion from NASA to bolster astronaut health and performance during space missions. This significant achievement showcases KBR's existing partnerships and expertise in supporting essential health and safety measures for astronauts, further emphasizing the company's commitment to advancing space exploration.
Contract Overview and Duration
The contract's execution period is set to unfold over five years, beginning on November 1. Notably, there are two additional optional periods that could extend the contract's life until 2035, depending on future needs. The overall value of the contract, including base and optional periods, is projected to reach $3.6 billion. The majority of the work will be conducted at NASA's Johnson Space Center.
Scope of Services Provided by KBR
As part of the Human Health and Performance Contract 2, KBR will provide comprehensive support services across various key NASA programs. These programs include the Human Research Program, International Space Station Program, Commercial Crew Program, and the Artemis campaign. Its services aim to ensure the utmost health, safety, and performance of the astronaut crew by providing essential occupational health services and conducting vital research to mitigate risks associated with future space missions.
Leadership Insights from KBR
Mark Kavanaugh, KBR’s President of Defense, Intel and Space, stated, "This contract reinforces KBR's leadership in human spaceflight operations and highlights our expertise in explicitly supporting NASA's vision for space exploration." He expressed pride in contributing to NASA's critical endeavors surrounding long-duration space travel and the Artemis missions, aiming to ensure human sustenance beyond Earth.
KBR's Track Record in Space Operations
This recent award underscores KBR's ongoing success and dedication in delivering innovative solutions to support NASA's ambitious space exploration initiatives. With over six decades of involvement in human spaceflight, KBR has cultivated a pivotal role in enhancing astronaut health and performance in the space environment.
About KBR Inc
KBR provides a broad spectrum of science, technology, and engineering solutions catering to governments and corporations worldwide. With a workforce of approximately 37,000 professionals, KBR operates across more than 80 countries, facilitating technology, value-added services, and reliable operational and maintenance solutions to ensure consistent results for their clients.
Contact Information for Inquiries
Investors:
Jamie DuBray
Vice President, Investor Relations
713-753-5082
Investors@kbr.com
Media:
Philip Ivy
Vice President, Global Communications and Marketing
713-753-3800
MediaRelations@kbr.com
Frequently Asked Questions
What is the main focus of the KBR contract with NASA?
The primary focus is to support astronaut health and performance during space missions by providing essential health services and conducting vital research.
When does the contract period start for KBR?
The contract period begins on November 1, with the potential to extend through optional periods.
How much is the KBR contract worth in total?
The total estimated value of the contract, including all optional periods, is approximately $3.6 billion.
Who stated the importance of this contract for KBR?
Mark Kavanaugh, KBR's President for Defense, Intel and Space, highlighted its significance in ensuring health support for astronauts.
What kind of experience does KBR have in space operations?
KBR has over 60 years of experience in human spaceflight, providing continuous support and innovative solutions to NASA's goals.
About The Author
Contact Dominic Sanders privately here. Or send an email with ATTN: Dominic Sanders as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.