KBR Bags $127M Contract To Advance Transportation Innovation

KBR, Inc. KBR has secured a $126.7 million recompete from the U.S. Department of Transportation (DOT) Volpe National Transportation Systems Center for Mission Information Technology Support (MITS) Services in Cambridge, Massachusetts, to modernize technical, logistical, and safety-related transportation systems.
This award builds on KBR's 11 years of work at the Volpe Center to advance transportation innovation for the public good.
KBR will deliver technical support to the Volpe Center, which provides solutions for modernization efforts in physical safety, cybersecurity, environmental impacts, and traffic management.
The work is expected to be performed over four years, with KBR providing mission-critical information technology, software, and systems engineering for all modes of transportation for several government entities.
Price Action: KBR shares are trading higher by 0.26% at $42.53 on the last check Monday.