KBR Wins Gold ADDY for New Website that Played Vital Role in KBR's Rebrand Campaign

HOUSTON, March 2, 2020 /PRNewswire/ -- KBR, Inc. (NYSE: KBR) is proud to announce that it has won a prestigious American Advertising Federation Gold ADDY award in Houston for the "Websites B-to-B" category. The new kbr.com website is one the most advanced websites in the industry and was instrumental in KBR's major rebrand campaign in May 2019.

As the most visible piece of the rebrand campaign, the new site is a vital tool in communicating KBR's evolution into a global provider of differentiated professional services and technologies across the asset and program lifecycle within the Government and Energy sectors.

KBR's new website is bold and forward-looking and offers a user-friendly, personalized experience. It is dynamic and flexible enough to serve the needs of a wide array of users including customers, employees and those looking to join the KBR team.

"This was a remarkable team accomplishment," said Mark Sopp, KBR Chief Financial Officer and executive sponsor of the rebrand campaign. "As the face of KBR, it is vital that our web­site reflects today's dynamic and modern KBR."

The project was executed through a partnership with award-winning advertising agency Adcetera.

The ADDYs are the advertising industry's largest and most representative competition, attracting over 40,000 entries every year in local AAF Chapter competitions. A Gold ADDY is recognition of the highest level of creative excellence.

About KBR, Inc.

KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle within the Government Solutions and Energy sectors. KBR employs approximately 38,000 people worldwide (including our joint ventures), with customers in more than 80 countries, and operations in 40 countries, across three synergistic global businesses:

    --  Government Solutions, serving government customers globally, including
        capabilities that cover the full lifecycle of defense, space, aviation
        and other government programs and missions from research and
        development, through systems engineering, test and evaluation, program
        management, to operations, maintenance, and field logistics
    --  Technology Solutions, featuring proprietary technology, equipment,
        catalysts, digital solutions and related technical services for the
        monetization of hydrocarbons, including refining, petrochemicals,
        ammonia and specialty chemicals, as well as inorganics
    --  Energy Solutions, including onshore oil and gas; LNG (liquefaction and
        regasification)/GTL; oil refining; petrochemicals; chemicals;
        fertilizers; differentiated EPC; maintenance services (Brown & Root
        Industrial Services); offshore oil and gas (shallow-water, deep-water,
        subsea); floating solutions (FPU, FPSO, FLNG & FSRU); program management
        and consulting services

KBR is proud to work with its customers across the globe to provide technology, value-added services, integrated EPC delivery and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

Visit www.kbr.com

Forward Looking Statement
The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control that 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: the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; the scope and enforceability of the company's indemnities from its former parent; changes in capital spending by the company's customers; the company's ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract 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 government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.

KBR's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Exchange Commission filings discuss some of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

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SOURCE KBR, Inc.