KBR

KBR Secures $176 Mln Contract From Air Force Research Laboratory

(RTTNews) - KBR, Inc. (KBR), Monday announced that the company has received a contract worth $176 million to provide operations and equipment maintenance support to the Air Force Maui Optical and Supercomputing Site, in Maui, Hawaii.

The cost plus fixed-fee, indefinite delivery indefinite quantity contract has been awarded by the Air Force Research Laboratory.

Under the terms of the Advanced Space Technology Research and Optimization contract, the company would offer support in all works over a period of seven years.

In the pre-market hours, KBR's stock is trading at $50.07, down 1.16 percent on the New York Stock Exchange.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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