KBR Awarded Honeywell Master Service Agreement Extension
Houston, May 26, 2020 /PRNewswire/ -- KBR (NYSE: KBR) announced today it was awarded a five-year extension of its Honeywell Master Services Agreement (MSA) for professional services in metrology, global property management and quality assurance.
The amendment extends the original contract, which was awarded in 2016, by four base years and one option year. It is a hybrid cost-plus-fixed-fee, time and materials, and firm-fixed-price contract.
KBR will provide four main professional services: program management; metrology calibration and repair; quality-assurance first article inspections and field quality engineering; and property accountability and compliance. These services will benefit Honeywell's Aerospace and Defense production sites daily operations.
"This extension strengthens our important and strategic partnership with Honeywell," said Byron Bright, KBR President, Government Solutions U.S. "KBR will continue to deliver innovative solutions and reliable expertise to assist Honeywell in meeting its clients' needs."
KBR ensures mission success for customers on land, at sea, in the air, in space and in cyberspace. The company drives innovation by combining engineering, technical and scientific expertise with its full life cycle capabilities, mission knowledge and future-focused technologies. Known for excelling in complex and extreme environments, KBR is trusted to overcome the nation's most pressing challenges. KBR is engineering solutions for the needs of today and tomorrow, safely and efficiently.
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 37,000 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
Source KBR, Inc.
For Further Information, Please Contact:
Investors: Alison Vasquez, Vice President, Investor Relations, 713-753-5082, Investors@kbr.com
Media: Philip Ivy, Vice President, Global Communications and Marketing, 713-753-3800, MediaRelations@kbr.com
Web Site: http://www.kbr.com
