KBR Helps to Ensure a Weather-Ready Nation through $128M NOAA Contract

HOUSTON, April 14, 2020 /PRNewswire/ -- KBR (NYSE: KBR) announced today that it has been awarded a $128 million contract by the National Oceanic and Atmospheric Administration (NOAA) National Weather Service (NWS) to provide key weather data services through the National Mesonet Program.

Under this contract, KBR and its public and private partners will supply local weather data from more than 50,000 surface-based, mobile and aircraft-based weather observation platforms in the U.S. and globally to the National Mesonet Program--a central clearinghouse for non-federal weather data.

This data plays a critical role in the nation's numerical weather forecasting and local monitoring infrastructure, and drastically improves weather prediction, severe weather watches and warnings, and emergency response for all regions of the country.

"KBR's work will help the NWS more accurately forecast future weather events and equip decision makers with the right information to protect the planet and the people on it," said Byron Bright, President, KBR Government Solutions U.S.

Teaming with Synoptic Data PBC, Earth Networks, WeatherFlow and the University of Oklahoma, KBR will carry out this work over the next five years. This firm-fixed-price contract is a recompete of a contract the company previously won in 2017.

"The National Mesonet Program, now having grown to include four dozen networks since 2009, provides a valuable source of observations for improving National Weather Service warning and forecast operations," said Dr. Curtis Marshall, the National Weather Service's National Mesonet Program Manager.

"The program is a model public-private partnership and we look forward to continuing this important program with KBR and all the partner networks," he said.

For more than 30 years, KBR has worked with government agencies, such as NOAA, U.S. Geological Survey (USGS) and NASA, fortifying their Earth science and data visualization operations. KBR also supports the acquisition, archival, processing and distribution of remotely sensed imagery from satellites that support weather, first responders, intelligence, agriculture, academia and research communities.

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.

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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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