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KBR Awarded Critical U.S. Geological Survey Contract to Support Domestic and Global Seismic Networks, Protect the Planet

August 17, 2022

HOUSTON, Aug. 17, 2022 /PRNewswire/ -- KBR (NYSE: KBR) announced today it was awarded a $20 million contract by the United States Geological Survey (USGS) Albuquerque Seismological Laboratory (ASL) for sustained support of more than 330 operational or proposed stations in 69 countries, including approximately 230 stations in the continental U.S.

Under the scope of this cost-plus-fixed-fee recompete contract, KBR will provide support for the deployment, operation, maintenance, and repair of USGS domestic and global seismographic systems. The KBR team will support the installation and operation of the USGS component of the Global Seismographic Network, a permanent digital network of more than 150 seismological and geophysical sensors.

This work will take place out of the USGS ASL in Albuquerque, New Mexico, adjacent to Kirtland Air Force Base. KBR will also provide support to the US N4 Network, the Advanced National Seismic System backbone network, additional regional networks, and earthquake aftershock deployments. Along with operational support to these networks, KBR support will ensure the quality and integrity of the data. This data is used for real-time seismic monitoring by the USGS National Earthquake Information Center, for tsunami warnings by the National Oceanic and Atmospheric Administration (NOAA) Tsunami Warning Centers, for nuclear test monitoring by both the Comprehensive Test Ban Treaty Organization and the U.S. Air Force, as well as for scientific research by a broad community of international users.

This tech-heavy contract also includes support for instrument testing and development, depot operations, data collection and quality control, inventory management, shipping coordination, software engineering, and warehouse logistics. The strategic win for KBR includes one base year, four option years, and one six-month extension option.

"KBR scientists and engineers are changing how we learn about and protect our planet every day," said KBR Government Solutions U.S. President Byron Bright. "This crucial research never ends, and we are excited to continue supporting important studies of the landscape of the Earth, its natural resources, as well as the natural hazards that threaten it."

KBR has supported USGS seismic networks for 39 years. Throughout its experience in environmental monitoring, KBR has also worked with government agencies including NOAA, the National Weather Service, and the National Aeronautics and Space Administration to support their Earth and planetary science and data processing, analysis, and visualization operations.

About KBR

We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 28,000 people performing diverse, complex and mission-critical roles in 34 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 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 significant adverse impacts on economic and market conditions of the COVID-19 pandemic and the company's ability to respond to the resulting challenges and business disruption; the recent dislocation of the global energy market; the company's ability to manage its liquidity; 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; 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; the possibility of cyber and malware attacks; 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.

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 discuss some of the important risk factors that the company has identified that may affect its business, results of operations and financial condition. 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.

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