KBR, Inc. (NYSE:KBR) has been awarded a $570.3 million contract by NASA

KBR, Inc. (NYSE:KBR) witnessed a rise in the market cap on Friday as its shares jumped 1.98% or 0.48 points. After the session commenced at $25.48, the stock reached the higher end at $25.48 while it hit a low of $24.14. With the volume soaring to 1.48 million shares, the last trade was called at $24.78. The company has a 52-week high of $31.92. The company has a market cap of $3.46 billion and there are 142.00 million shares in outstanding. The 52-week low of the share price is $12.00. KBR has rose 36.38% during the last 3-month period. Year-to-Date the stock performance stands at 18.75%.

KBR, Inc. (NYSE:KBR) declared on June 15, 2020, that it has been given a $570.3 million contract by NASA to develop and perform spaceflight operations at Marshall Space Flight Center in Huntsville, Alabama. With this award, KBR has made a sizeable footprint at Marshall providing highly technical, mission-focused, high-impact services. The cost-plus-award-fee contract has one base year followed by seven years of options and includes an indefinite delivery, indefinite quantity component.

Under the Marshall Operations, Systems, Services and Integration (MOSSI) contract, KBR will perform International Space Station payload operations and support testing of the most powerful rocket ever built—the Space Launch System. The work will support spacecraft, payload, satellite and propulsion systems operations, as well as multi-program facilities, including the Huntsville Operations Support Center, and is an exciting addition to our International Space Station operations work at Johnson Space Center.

KBR will provide the management, personnel, equipment and supplies for around-the-clock mission operations and ground systems development services. The company’s work will bolster numerous NASA programs, payload developers, educational institutions, international partner space agencies and commercial partners.

KBR provides space and mission solutions for astronaut training and health, satellite and human spaceflight ground control, mission operations, extravehicular activity support and more. As part of its work, it executes International Space Station operations, performing real-time human spaceflight command and control 24 hours a day, seven days a week.

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