KBR led Joint Venture, Secures $20B Contract from U.S. Military
HomeSafe Alliance LLC, a KBR (NYSE: KBR) led joint venture, has been awarded the global household goods contract by U.S. Transportation Command. The contract ceiling value is $20B with a potential 9 year term, inclusive of all options periods. HomeSafe will be the exclusive household goods move management service provider for the U.S. Armed Forces, Department of Defense civilians and their families.
Under this contract, HomeSafe – a joint venture between KBR and Tier One Relocation – will modernize and infuse technology to improve the domestic and international relocation experience for all military personnel and their families.
“We are honored to partner with the military community around the globe,” said Alan Thompson, HomeSafe CEO. “Combining our HomeSafe Connect advanced digital solution and global program management expertise, we will dramatically improve the relocation experience for our service members, civilians and their families. Our solution will significantly expand and reward quality performance and is an important catalyst in the transformation of the military household goods moving industry.”
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