KBR, Inc. (KBR) said it received a basic contract from the U.S. Air Force Center for Engineering and the Environment Contracting Officer to compete for future task orders under the Worldwide Environmental Restoration and Construction 2009 program. The total contract value to be dispersed among participating contractors is $3 billion and has a base contract period of five years.
Under the contract and upon award of future task order, KBR would provide a full range of engineering and construction activities necessary to meet Air Force and other customer requirements. The WERC09 is an indefinite delivery indefinite quantity contract containing Cost Plus Fixed Fee, Firm Fixed Price, Fixed Price Incentive Firm, and Cost Plus Incentive Fee contract types which shall be established with each Task Order award.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.