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CORRECTING and REPLACING KBR Selected for Security Worldwide Environmental Restoration and Construction 2009 Contract by U.S. Ai

Posted on: Mon, 23 Nov 2009 18:49:00 EST

Symbols: KBR

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HOUSTON, Nov 23, 2009 (BUSINESS WIRE) --
KBR | Quote | Chart | News | PowerRating -- Third graph, first sentence, Bill Bodie's title is President (sted
Senior Vice President).

The corrected release reads:

KBR SELECTED FOR SECURITY WORLDWIDE ENVIRONMENTAL RESTORATION AND
CONSTRUCTION 2009 CONTRACT BY U.S. AIR FORCE CENTER FOR ENGINEERING AND
THE ENVIRONMENT

KBR (NYSE:KBR) today announced it has been awarded a basic contract by
the U.S. Air Force Center for Engineering and the Environment (AFCEE)
Contracting Officer to compete for future task orders under the
Worldwide Environmental Restoration and Construction 2009 (WERC09)
program. KBR is one of 23 companies that received contract award
notification from AFCEE in the Full & Open competition. The total
contract value to be dispersed among participating contractors is $3
billion and has a base contract period of five years.

Under the contract and upon award of future task order(s), KBR will
provide a full range of engineering and construction activities
necessary to meet Air Force and other customer
requirements. Requirements shall be carried out as specified under Task
Orders at locations worldwide. The WERC09 is an indefinite delivery
indefinite quantity (IDIQ) contract containing Cost Plus Fixed Fee
(CPFF), Firm Fixed Price (FFP), Fixed Price Incentive Firm (FPI), and
Cost Plus Incentive Fee (CPIF) contract types which shall be established
with each Task Order (TO) award.

"We are pleased to have been selected by the AFCEE to bid for future
projects under the Worldwide Environmental Restoration and Construction
contract," said Bill Bodie, President, KBR North American Government and
Defense. "Our long-standing commitment to provide high quality services
to our military customers remains steadfast, and I am confident KBR will
execute task orders under this contract with the same level of quality
the military has come to expect from KBR."

KBR is a global engineering, construction and services company
supporting the energy, hydrocarbon, government services, minerals, civil
infrastructure, power and industrial markets. For more information,
visit www.kbr.com.

SOURCE: KBR


KBR 
Director, Communications 
Heather Browne, 713-753-3775 
heather.browne@kbr.com 
or 
Director, Investor Relations 
Rob Kukla, Jr., 713-753-5082 
investors@kbr.com

For full details on KBR Inc. (KBR) KBR. KBR Inc. (KBR) has Short Term PowerRatings at TradingMarkets. Details on KBR Inc. (KBR) Short Term PowerRatings is available at This Link.

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