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Strategies & Market Trends : Dividend investing for retirement
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To: Ditchdigger who wrote (34025)3/7/2022 7:24:24 AM
From: Ditchdigger  Read Replies (1) of 34328
 
And the KBR pr this morning
GAO Upholds TRANSCOMS Household Goods Contract Award for KBR Led Joint Venture

HOUSTON, March 7, 2022 /PRNewswire/ -- KBR (NYSE: KBR) announced the General Accounting Office (GAO) decision to uphold the award of the US Transportation Commands Global Household Goods Contract. The contract ceiling value is approximately $20B with a potential 9 year term, inclusive of all options periods. HomeSafe Alliance will be the exclusive household goods move management service provider for the U.S. Armed Forces, Department of Defense civilians and their families.



"KBR is pleased with the GAO decision to uphold the Household Goods contract award," said Stuart Bradie, KBR President and CEO. "Our solution will significantly expand and reward quality performance and is an important catalyst in the transformation of the military household goods industry."

Under this contract, HomeSafe Alliance, a joint venture between KBR and Tier One Relocation, will modernize and infuse technology to improve the domestic and international relocation experience for all military personnel and their families. KBR expects to begin start up activities in mid-2022 with full contract performance during 2023.
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