KBR (KBR) announced it has been awarded a firm fixed price, $476 million contract by the U.S. Navy Facilities Engineering Systems Command to continue performing Base Operations Support services at Camp Lemonnier and Chabelley Airfield in Djibouti. KBR will provide mission support services for the Combined Joint Task Force - Horn of Africa.
KBR will also provide full-scale support, from facility operations and maintenance to fire and emergency services to airfield and security operations for thousands of military personnel. The period of performance is November 2025 to May 2034.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.