KBR Health and Human Performance Expertise Recognized with Multiple-Award Contract Worth $43 Billion

News provided by

May 23, 2024, 06:00 ET

HOUSTON, May 23, 2024 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been selected as one of 11 awardees for a multiple-award, indefinite-delivery/indefinite-quantity contract by the Defense Health Agency to provide health and wellness support for military personnel and their families. KBR will have the opportunity to bid on task orders under the Medical Q Coded Support and Services Next Generation (MQS2-NG) contract, which contains a ceiling of $43 billion.

Under the terms of the MQS2-NG, KBR would help provide dental, physician and nurse medical support services for Department of Defense Military Treatment Facilities (MTFs) located throughout the continental United States and strategic overseas locations. This work has a period of performance of 10 years with options from 2024 through 2034. It includes managing and staffing MTFs around the country to support the treatment, recovery and well-being of U.S. service members and their families.

"The MQS2-NG contract expands upon KBR's dedication to supporting military personnel and their loved ones by improving their resilience and well-being," said Byron Bright, Government Solutions U.S. President. "We are thrilled to have a chance to expand our health and human performance services and see the positive impact on the quality of care for our service members and their families."

MQS2-NG is a continuation of KBR's five decades of vital health services support to individuals who perform in complex and multifaceted positions, including hundreds of astronauts via NASA's Human Health and Performance Contract (HHPC) and the U.S. Special Operations Forces as a part of the military's Preservation of the Force and Family (POTFF) contract.

About KBR

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 35,000 people worldwide with customers in more than 80 countries and operations in over 30 countries.

KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

Visit www.kbr.com

Forward Looking Statements

The statements in this press release that are not historical statements, including statements regarding future contractual performance and options, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks, uncertainties and assumptions, many of which are beyond the company's control, that could cause actual results to differ materially from the results expressed or implied by the statements. These risks, uncertainties and assumptions include, but are not limited to, those set forth in the company's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks and other U.S. Securities and Exchange Commission filings, which discuss some of the important risks, uncertainties and assumptions that the company has identified that may affect its business, results of operations and financial condition. Due to such risks, uncertainties and assumptions, you are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

SOURCE KBR, Inc.