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KBR Named NASA Agency Large Business Prime Contractor of the Year

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KBR (NYSE: KBR) has been named NASA's Agency-Level Large Business Prime Contractor of the Year for 2023, a prestigious honor recognizing outstanding support for NASA's small business program. This award builds upon KBR's center-level awards at Goddard Space Flight Center (GSFC) and Johnson Space Center. KBR's win highlights its commitment to critical programs at GSFC, where it holds three prime contracts, including Ground Systems and Missions Operations III.

Byron Bright, KBR Government Solutions U.S. President, emphasized the company's excellence in the space industry and its role as both a prime contractor and mentor to small businesses. KBR has received 13 awards from NASA's Office of Small Business Programs over the past five years, including three at the agency level. The company currently operates across nine NASA locations and is a leading global organization supporting spaceflight.

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  • Named NASA's Agency-Level Large Business Prime Contractor of the Year for 2023
  • Holds three prime contracts at Goddard Space Flight Center
  • Received 13 awards from NASA's Office of Small Business Programs in the past five years
  • Operates across nine NASA locations
  • Recognized as a leading global organization supporting spaceflight

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+1.22% News Effect

On the day this news was published, KBR gained 1.22%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

HOUSTON, July 29, 2024 /PRNewswire/ -- KBR (NYSE: KBR) was selected as NASA's Agency-Level Large Business Prime Contractor of the Year. This highly sought-after honor is part of NASA's 2023 Small Business Industry Awards and builds upon KBR's 2023 SBIA large business center-level awards at both Goddard Space Flight Center (GSFC) and Johnson Space Center.

The award, presented by the NASA Office of Small Business Programs (OSBP), recognizes outstanding efforts in developing and implementing innovative practices in support of the agency's small business program. This prestigious annual award is exclusively given to a single large business prime contractor within NASA each year. KBR's win specifically underscores its ongoing commitment to critical programs at GSFC, where it holds three prime contracts, including Ground Systems and Missions Operations III, as well as multiple subcontracts and joint ventures. 

"The agency-level distinction represents years of appreciation from NASA and reflects our growth as a key teammate," said Byron Bright, KBR Government Solutions U.S. President. "KBR excels in the space industry, supporting NASA's intricate missions as both a prime contractor and a mentor to small businesses. This accolade celebrates our employees' high quality of work and dedication, and I am so proud of the team."

KBR has garnered 13 awards from the OSBP over the past five years, including three at the agency level. Presently, it operates across nine NASA locations and stands as a leading global organization supporting spaceflight. Learn more.

About KBR

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 36,000 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 contract performance, 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.

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SOURCE KBR, Inc.

FAQ

What award did KBR (NYSE: KBR) receive from NASA in 2023?

KBR was named NASA's Agency-Level Large Business Prime Contractor of the Year for 2023, as part of NASA's Small Business Industry Awards.

How many prime contracts does KBR hold at NASA's Goddard Space Flight Center?

KBR holds three prime contracts at NASA's Goddard Space Flight Center, including Ground Systems and Missions Operations III.

How many awards has KBR received from NASA's Office of Small Business Programs in recent years?

KBR has received 13 awards from NASA's Office of Small Business Programs over the past five years, including three at the agency level.

At how many NASA locations does KBR currently operate?

KBR currently operates across nine NASA locations.
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