KBR Bags $640M Contract To Support NASA Exploration

KBR, Inc. KBR has secured a $640 million Ground Systems and Mission Operations-3 (GSMO-3) contract to support more than 10 NASA exploration missions.
The contract also includes continued efforts on the James Webb Space Telescope, Lunar Reconnaissance Orbiter, and Earth Observing System.
KBR will provide systems engineering, facility engineering, launch, early orbit support, flight operations, and flight dynamics support to various NASA missions.
KBR will perform mission IT and systems engineering and design, implementation, integration, and testing of ground systems and operations products for NASA's key projects throughout the five-year contract.
Price Action: KBR shares closed lower by 1.55% at $52.55 on Friday.