KBR Wins Potential $515M Navy Support Facility Operations Contract

KBR Wins Potential $515M Navy Support Facility Operations Contract

KBR (NYSE: KBR) has won a potential eight-year, $514.9 million contract to help the U.S. Navy operate a military base on the island of Diego Garcia in the British Indian Ocean Territory.

The Defense Department said Tuesday that KBR will provide general management and administration, command and staff, environmental, public safety, air and port operations, supply, galley, bachelor quarters, facilities, base support vehicles and equipment and morale, welfare and recreation support services at the Navy Support Facility-Diego Garcia.

The Navy received two proposals for the indefinite-delivery/indefinite-quantity contract via its e-commerce website.

DoD noted the contract includes seven option years and an additional six-month extension option.

The service branch will obligate $56.9 million in fiscal 2017 funds to pay for recurring work through the issuance of individual task orders over the mobilization and base period.

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