In a Space Industry First, NASA Grants KBR the Right to Train Private Astronauts at NASA Facilities

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Jan 30, 2020, 05:52 ET

HOUSTON, Jan. 30, 2020 /PRNewswire/ -- KBR (NYSE: KBR), a leading solutions provider to the civil, military and commercial space industry, will become the first company to train private astronauts at NASA facilities. The company recently signed a Space Act Agreement with NASA Johnson Space Center allowing it to provide human spaceflight operation services to commercial companies. KBR currently holds the only agreement with NASA to provide these services using the agency's facilities and capabilities.

Through this agreement, KBR will be able to train private astronauts in a wide variety of spaceflight tasks including operating onboard International Space Station (ISS) systems, integrating into the existing ISS crew, performing routine operational tasks, maintaining health and performance, and responding to emergencies. KBR will also provide medical operations and services prior to, during, and after spaceflights.

From mission planning and training to mission execution, KBR will ensure these private astronauts are prepared to fly to the ISS and beyond. The company currently trains and provides medical support to NASA and ISS international partner astronauts and supports all planning and execution aspects of mission operations.

KBR will provide its specialized services utilizing its more than 60 years of experience which includes supporting every astronaut since 1968.

"KBR has pioneered space travel for more than half a century. We will leverage our domain expertise to assist private astronauts with their human spaceflight activities," said Stuart Bradie, KBR President and CEO.

"This historic agreement is a testament to KBR's long standing partnership with NASA. We will continue to work together to propel NASA's mission to fuel a low-Earth orbit economy and advance the future of commercial space," Bradie continued.

The agreement directly supports one of five elements of NASA's plan to open the ISS to new commercial and marketing opportunities that will continue the agency's efforts to enable a sustainable low-Earth orbit economy.

As was recently announced, KBR will further support this mission by working as a subcontractor to Axiom Space on the first commercial destination module for the ISS.

KBR is one of the world's largest human spaceflight support organizations, contributing to every operational aspect of NASA's human spaceflight program. It currently operates at 11 NASA centers and facilities. As part of this work, it executes International Space Station operations, performing 24/7 real-time human spaceflight command and control from the NASA Johnson Space Center Mission Control Center.

About KBR, Inc.

KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle within the Government Solutions and Energy sectors. KBR employs approximately 38,000 people worldwide (including our joint ventures), with customers in more than 80 countries, and operations in 40 countries, across three synergistic global businesses:

Government Solutions, serving government customers globally, including capabilities that cover the full lifecycle of defense, space, aviation and other government programs and missions from research and development, through systems engineering, test and evaluation, program management, to operations, maintenance, and field logistics
Technology Solutions, featuring proprietary technology, equipment, catalysts, digital solutions and related technical services for the monetization of hydrocarbons, including refining, petrochemicals, ammonia and specialty chemicals, as well as inorganics
Energy Solutions, including onshore oil and gas; LNG (liquefaction and regasification)/GTL; oil refining; petrochemicals; chemicals; fertilizers; differentiated EPC; maintenance services (Brown & Root Industrial Services); offshore oil and gas (shallow-water, deep-water, subsea); floating solutions (FPU, FPSO, FLNG & FSRU); program management and consulting services

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

Visit www.kbr.com

Forward Looking Statement

The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, 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 and uncertainties include, but are not limited to: the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; the scope and enforceability of the company's indemnities from its former parent; changes in capital spending by the company's customers; the company's ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes with the company's customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.

KBR'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 discuss some of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

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