KBR Awarded $98.7M U.S. Space Force Task Order for Collaborative Engineering, Digital Development

KBR Inc. (NYSE:KBR) is one of the best infrastructure stocks to buy with huge upside. On October 16, KBR announced that it had been awarded a cost-plus-incentive-fee task order from the United States Space Force/USSF. The contract, named the Design Implementation for Collaborative Environment/DICE task order, has a ceiling value of $98.7 million and a performance period spanning 3 years.

The award builds upon KBR’s work under the previously secured Advanced Solutions for Collaborative Engineering and Digital Development/ASCEND2 contract. The primary focus of the DICE task order is to establish a state-of-the-art testing and training environment for the USSF, which will be located in Colorado Springs, Colorado.

To execute this, KBR is authorized to deploy its Integration Accelerator, a groundbreaking collaborative digital engineering ecosystem designed to accelerate capability deployment and enhance decision-making. Furthermore, KBR will utilize the ASCEND2 Indefinite Delivery, Indefinite Quantity/IDIQ contract vehicle to provide analytical and technical decision support.

KBR Inc. (NYSE:KBR) provides scientific, technology, and engineering solutions to governments and commercial customers worldwide. It operates through Government Solutions and Sustainable Technology Solutions segments.

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Disclosure: None. This article is originally published at Insider Monkey.