KBR Awarded Seat on $10B Contract with U.S. Naval Supply Systems Command

18 Dec KBR Awarded Seat on $10B Contract with U.S. Naval Supply Systems Command

(Oilandgaspress) KBR (NYSE: KBR) announced today it has been awarded a seat on a multiple award, indefinite delivery indefinite quantity (IDIQ) contract by the U.S. Naval Supply Systems Command (NAVSUP). The NAVSUP Worldwide Expeditionary Multiple Award Contract (WEXMAC) 2.1 Territorial Integrity of the United States (TITUS) is a contract for readiness and sustainment focused on defense of the continental United States.

Under WEXMAC 2.1 TITUS, KBR will compete on IDIQ task orders to provide essential supplies and services to support U.S. military and coalition partner operations, humanitarian assistance and disaster relief efforts. Tasks may include a wide range of support services such as stability operations, civil support and supply chain and distribution services. WEXMAC 2.1 TITUS task orders are expected to be firm fixed price. The contract spans a five-year base period with an additional five-year option period. The five-year option period would bring the ceiling amount to $20 billion.

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