KBR Receives LogCAP III Award Fee

KBR announced on Monday that it received a $15.5 million award fee related to its LogCAP III work in Iraq for the six month period of performance beginning March 2010 and ending in August 2010.

On March 21, 2011, KBR received its LogCAP III award fee determination letter confirming the award fee from the United States Army. For this period, KBR's performance was recognized as "Very Good" and the program received high customer satisfaction ratings.

KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power and industrial markets.

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