KBR Wins $98.7M Contract to Develop US Space Force Testing and Training Facility in Colorado Springs

KBR has secured a $98.7 million, three-year task order from the U.S. Space Force to build a testing and training environment in Colorado Springs. The project, called DICE, expands on KBR's earlier work under the Advanced Solutions for Collaborative Environment (ASCE) program. The task order will support the U.S. Space Force's mission to develop and deploy advanced space-based systems.

KBR (NYSE: KBR) has been awarded a $98.7 million, three-year task order by the U.S. Space Force to develop a testing and training environment in Colorado Springs. The project, known as Design Implementation for Collaborative Environment (DICE), builds upon KBR’s earlier work under the Advanced Solutions for Collaborative Engineering and Digital Development (ASCEND2) contract. The task order authorizes KBR to deploy its Integration Accelerator, a collaborative digital engineering ecosystem designed to enhance decision-making and accelerate capability deployment. Additionally, KBR will utilize the ASCEND2 Indefinite Delivery, Indefinite Quantity (IDIQ) contract vehicle to provide analytical and technical decision support, according to a Seeking Alpha report.

The DICE project is a significant milestone for KBR, as it aligns with the U.S. Space Force's mission to develop and deploy advanced space-based systems. This contract underscores KBR’s expertise in providing innovative solutions for complex engineering challenges. The company’s ability to deliver comprehensive, collaborative digital engineering ecosystems is a key factor in securing such a substantial task order.

The financial implications of this contract are notable. The $98.7 million award represents a significant revenue stream for KBR over the next three years. Furthermore, the contract's duration and scope suggest potential for future extensions or additional orders, which could further bolster KBR’s financial performance.

Investors and financial professionals should closely monitor KBR’s progress on this project, as successful execution could enhance the company’s reputation and open doors to similar opportunities in the future. As KBR continues to expand its capabilities in the space sector, this contract serves as a testament to its commitment to innovation and its ability to deliver on complex engineering challenges.