HOUSTON, August 17, 2022 /PRNewswire/ — KBR (NYSE: KBR) today announced that it has received a $20 million contract by the United States Geological Survey (USGS) Albuquerque Seismological Laboratory (ASL) for the continued support of more than 330 operational or proposed stations in 69 countries, including approximately 230 stations in the continental United States
Under this recompetitive cost-plus-lump sum contract, KBR will provide support for the deployment, operation, maintenance, and repair of USGS domestic and global seismograph 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 outside the USGS ASL at Albuquerque, New Mexicoadjacent to Kirtland Air Force Base. KBR will also provide support for the US N4 network, the Advanced National Seismic System backbone network, additional regional networks, and aftershock deployments. Alongside operational support for these networks, KBR support will ensure data quality and integrity. 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 the Comprehensive Test Ban Treaty Organization and the United States. Air Force, as well as for scientific research by a large international user community.
This technology-intensive contract also includes support for instrument testing and development, depot operations, data collection and quality control, inventory management, shipment coordination, software engineering and warehouse logistics. The strategic victory for KBR includes a base year, four option years and a six-month extension option.
“KBR scientists and engineers are changing the way we learn about our planet and protect it every day,” said the US president of KBR Government Solutions. Byron Bright. “This crucial research never ends, and we’re excited to continue supporting important studies of Earth’s landscape, its natural resources, and 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 such as NOAA, the National Weather Service and the National Aeronautics and Space Administration to support their processing, analysis and visualization of earth and planets data and science.
We provide science, technology and engineering solutions to governments and businesses around the world. KBR employs approximately 28,000 people performing diverse, complex and critical roles in 34 countries.
KBR is proud to work with customers around the world to provide technology, value-added services, and long-term operation and maintenance services to ensure consistent delivery with predictable results. At KBR, we deliver.
Statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company’s control and 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: material adverse impacts on economic and market conditions from the COVID-19 pandemic and the company’s ability to respond to resulting business challenges and disruptions; the recent dislocation of the global energy market; the company’s ability to manage its cash; results and publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and the potential adverse results and consequences of such proceedings; changes in capital expenditures by the company’s customers; the company’s ability to obtain contracts from existing and new customers and to execute on those contracts; structural changes in the industries in which the company operates; escalating costs associated with completing fixed-price projects and the company’s ability to control its costs under its contracts; claims negotiations and contractual 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 governmental regulations and regulatory requirements; compliance with income tax laws; unstable political conditions, war and the effects of terrorism; foreign operations and exchange rates and controls; the development and installation of financial systems; the possibility of cyberattacks and malware; increased competition for employees; the ability to complete and integrate acquisitions; and the activities 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, all subsequent Forms 10-Q and 8-K, and other filings with the United States Securities and Exchange Commission discuss some of the material risk factors that the company has identified and which may affect its business, results of operations and financial condition. Except as required by law, the Company undertakes no obligation to publicly revise or update any forward-looking statements for any reason.
SOURCE KBR, Inc.