KBR's JV With Intuitive Machines Gets $719M Contract From NASA

KBR, Inc. KBR said its JV with Intuitive Machines, Inc. LUNR received a contract from NASA for the most critical space orbital systems in the Applied Engineering and Technology Directorate at Goddard Space Flight Center (GSFC) in Maryland. The JV is known as Space & Technology Solutions.

The contract, also known as Omnibus Multidiscipline Engineering Services (OMES) III, has five years of performance with a total value of $719 million. 

The Government Accountability Office (GAO) has denied all protests of this award. 

Also Read: KBR Bags New Contract, Boosting Its Presence In The Indo-Pacific Region

Under the contract, KBR will provide electrical engineering, instrument systems, technology, exploration, and mission support services, among others.

"As a partner with Intuitive Machines, we are proud to support NASA's development of space orbital systems with our unparalleled spaceflight engineering expertise," said Byron Bright, President of KBR Government Solutions U.S. 

Price Action: KBR shares are trading lower by 0.02% to $60.80 on the last check Monday.