KBR Secures Naval Research Lab Contract for Advancement of Space Science Instruments
KBR (NYSE: KBR) has secured a cost-plus-fixed-fee contract from the U.S. Navy for the continued development of space science instrument systems at the Naval Research Lab (NRL) in Washington, D.C. The contract, known as Space Science Instruments and Experimental Payloads (SSIEP) 3, is expected to span five years and involves advanced engineering efforts in various fields.
KBR will provide personnel, equipment, and facilities to support engineering and research activities for the Navy's Space Science Division. The work focuses on the design, development, analysis, fabrication, inspection, assembly, integration, testing, and documentation of sophisticated space science instruments and experimental payloads. This contract maintains KBR's presence at NRL, where it has supported SSIEP 1 and 2 since 2015.
KBR (NYSE: KBR) ha ottenuto un contratto a costo maggiorato con tariffa fissa dalla Marina degli Stati Uniti per il continuo sviluppo di sistemi di strumenti scientifici spaziali presso il Naval Research Lab (NRL) a Washington, D.C. Il contratto, noto come Space Science Instruments and Experimental Payloads (SSIEP) 3, si prevede che duri cinque anni e implica sforzi ingegneristici avanzati in vari settori.
KBR fornirà personale, attrezzature e strutture per supportare le attività di ingegneria e ricerca per la Divisione di Scienza Spaziale della Marina. Il lavoro si concentra su progettazione, sviluppo, analisi, fabbricazione, ispezione, assemblaggio, integrazione, test e documentazione di sofisticati strumenti scientifici spaziali e carichi sperimentali. Questo contratto mantiene la presenza di KBR presso il NRL, dove ha supportato SSIEP 1 e 2 dal 2015.
KBR (NYSE: KBR) ha conseguido un contrato por costo más tarifa fija de la Marina de los EE. UU. para el desarrollo continuo de sistemas de instrumentos científicos espaciales en el Laboratorio de Investigación Naval (NRL) en Washington, D.C. El contrato, conocido como Space Science Instruments and Experimental Payloads (SSIEP) 3, se espera que dure cinco años y implique esfuerzos de ingeniería avanzada en varios campos.
KBR proporcionará personal, equipo e instalaciones para apoyar las actividades de ingeniería e investigación de la División de Ciencia Espacial de la Marina. El trabajo se centra en la diseño, desarrollo, análisis, fabricación, inspección, ensamblaje, integración, pruebas y documentación de sofisticados instrumentos científicos espaciales y cargas experimentales. Este contrato mantiene la presencia de KBR en el NRL, donde ha apoyado a SSIEP 1 y 2 desde 2015.
KBR(NYSE: KBR)는 미국 해군으로부터 워싱턴 D.C.에 위치한 해양연구소(NRL)에서 우주 과학 도구 시스템의 지속적인 개발을 위한 비용 가산 고정 수수료 계약을 체결했습니다. 이 계약은 우주 과학 도구 및 실험 페이로드(SSIEP) 3로 알려져 있으며, 5년 동안 진행될 것으로 예상되며, 다양한 분야에서의 고급 엔지니어링 작업을 포함합니다.
KBR는 해군의 우주 과학 부서를 지원하기 위해 인력, 장비 및 시설을 제공할 것입니다. 이 작업은 정교한 우주 과학 도구 및 실험 페이로드의 설계, 개발, 분석, 제작, 검사, 조립, 통합, 테스트 및 문서화에 중점을 두고 있습니다. 이 계약은 KBR이 2015년부터 SSIEP 1 및 2를 지원해온 NRL에서의 존재를 유지합니다.
KBR (NYSE: KBR) a obtenu un contrat à coût majoré avec frais fixes de la part de la Marine des États-Unis pour le développement continu de systèmes d'instruments scientifiques spatiaux au Naval Research Lab (NRL) à Washington, D.C. Le contrat, connu sous le nom de Space Science Instruments and Experimental Payloads (SSIEP) 3, devrait s'étendre sur cinq ans et implique des efforts d'ingénierie avancés dans divers domaines.
KBR fournira du personnel, de l'équipement et des installations pour soutenir les activités d'ingénierie et de recherche de la Division des Sciences de l'Espace de la Marine. Le travail se concentre sur la conception, le développement, l'analyse, la fabrication, l'inspection, l'assemblage, l'intégration, les tests et la documentation d'instruments scientifiques spatiaux sophistiqués et de charges expérimentales. Ce contrat maintient la présence de KBR au NRL, où elle soutient SSIEP 1 et 2 depuis 2015.
KBR (NYSE: KBR) hat einen Kosten-plus-Festgebühr-Vertrag von der US-Marine für die fortlaufende Entwicklung von Raumfahrtwissenschafts-Instrumentsystemen im Naval Research Lab (NRL) in Washington, D.C. erhalten. Der Vertrag, bekannt als Space Science Instruments and Experimental Payloads (SSIEP) 3, wird voraussichtlich fünf Jahre dauern und umfasst fortgeschrittene Ingenieuranstrengungen in verschiedenen Bereichen.
KBR wird Personal, Ausrüstung und Einrichtungen bereitstellen, um Ingenieur- und Forschungsaktivitäten der Raumfahrtwissenschaftsdivision der Marine zu unterstützen. Die Arbeit konzentriert sich auf die Entwicklung, Analyse, Herstellung, Inspektion, Montage, Integration, Prüfung und Dokumentation von komplexen Raumfahrtwissenschaftsinstrumenten und experimentellen Lasten. Dieser Vertrag sichert KBRs Präsenz im NRL, wo es seit 2015 SSIEP 1 und 2 unterstützt hat.
- Secured a cost-plus-fixed-fee contract with the U.S. Navy
- Contract expected to span five years, providing stable revenue
- Continuation of existing relationship with Naval Research Lab since 2015
- Reinforces KBR's position in space science and engineering sectors
- None.
Insights
This contract win reinforces KBR's position in the space science and defense sectors. The cost-plus-fixed-fee structure suggests a stable revenue stream for KBR over the next five years, though the exact contract value isn't disclosed. The follow-on nature of the contract demonstrates KBR's strong performance and customer satisfaction in previous SSIEP iterations.
The contract's focus on advanced engineering efforts in various disciplines highlights KBR's diversified technical capabilities. This positions the company well for future opportunities in the rapidly evolving space and defense industries. However, investors should note that cost-plus contracts typically have lower profit margins compared to fixed-price contracts, which could impact overall profitability.
The SSIEP 3 contract underscores the increasing complexity of space science instruments and experimental payloads. KBR's involvement in thermal systems, contamination control and RF engineering indicates a comprehensive approach to spacecraft design. This multidisciplinary expertise is important for developing resilient and efficient space technologies.
The contract's emphasis on the entire product lifecycle - from design to documentation - suggests KBR will gain valuable end-to-end project experience. This could enhance the company's competitive edge in future space-related bids. However, the space industry's inherent risks, including potential launch failures or payload malfunctions, should be considered as factors that could impact project timelines and costs.
While the contract value isn't specified, KBR's 50-year track record in design engineering and its continued presence at NRL since 2015 suggest a substantial, long-term revenue opportunity. The five-year duration provides revenue visibility and stability to KBR's Government Solutions segment.
Investors should note that cost-plus contracts typically have lower but more predictable margins. This contract likely contributes to a stable cash flow but may not significantly boost profitability. The contract's focus on advanced technologies could lead to intellectual property development, potentially creating additional value streams for KBR in the future. However, the lack of specific financial details makes it challenging to quantify the immediate impact on KBR's bottom line.
Under the terms of the Space Science Instruments and Experimental Payloads (SSIEP) 3 contract, KBR will provide personnel, equipment and facilities to support engineering and research activities for the Navy's Space Science Division. Their focus will be on the design, development, analysis, fabrication, inspection, assembly, integration, testing, and documentation of sophisticated space science instruments and experimental payloads.
This work is expected to be performed over five years and involves advanced efforts in various forms of engineering, including thermal systems, contamination, optical and radio frequency, instrument systems, mechanisms, mechanical, and electrical. This follow-on contract maintains KBR's presence at NRL where it has supported SSIEP 1 and 2 since 2015.
"At KBR, we lead the way in technical innovation from space hardware to digital engineering projects worldwide. This win reflects the tireless efforts of our talented engineers, whose seamless fusion of creativity, precision and practicality sets us apart and ensures mission success for our valued customers," stated Byron Bright, President of KBR Government Solutions
KBR has more than 50 years of comprehensive design engineering experience in various industries.
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 operations and performance periods, 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
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FAQ
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