KBR Bags $640M Contract To Support NASA Exploration

• KBR, Inc. (NYSE: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.