KBR, Inc. ( KBR ) said it had secured a five-year contract worth $113 million to perform aeronautical systems research for the Air Force Life Cycle Management Center Mobility Directorate at Wright-Patterson Air Force Base, Ohio.

KBR was awarded this contract under the Department of Defense Information Analysis Center’s multiple-award contract vehicle.

These contracts are granted by the U.S. Air Force’s 774th Enterprise Sourcing Squadron to foster the development and generation of new knowledge aimed at improving the DTIC repository and benefiting the R&D and S&T community.

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According to the conditions of this new contract, KBR will deliver program management analysis, engineering services, logistics analysis, security and cybersecurity evaluations, testing and assessment, as well as administrative analysis.

This effort will support initiatives like the Next Generation Air-refueling System (NGAS) development and the future modernization of legacy tanker aircraft mission systems.

KBR said its training program is designed to develop a digital workforce that enhances analysis and decision-making for effective Digital Material Management (DMM) implementation.

On September 18, the company received a $230 million cost-plus-fixed-fee recompete contract under the Department of Defense Information Analysis Center’s multiple-award contract vehicle.

Internationally, the company got an order to deliver technical design services at HMAS Stirling by the Security and Estate Group and the Australian Submarine Agency.

According to Benzinga Pro, KBR stock has gained over 8% in the past year. Investors can gain exposure to the stock via PGIM ETF Trust PGIM Jennison Focused Mid-Cap ETF and Nuveen ESG Small-Cap ETF .

Price Action: KBR shares are trading higher by 0.86% to $64.93 at last check Tuesday.

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