KBR : Constructing Bell Helicopter’s New Aircraft Assembly Facility in Lafayette, LA

The project is scheduled for completion by June 2015. Bell Helicopter will use the facility to assemble its newest commercial helicopter, the Bell 505 Jet Ranger X TM .

The new 82,300-square-foot hangar facility will be built on a 14.5-acre site. Bell Helicopter will lease the state of Louisiana-funded facility from the Lafayette Regional Airport.  Assembly operations are expected to start by 2016 following certification of the facility and the aircraft.

"KBR is pleased to have the opportunity to serve Bell Helicopter as the company moves toward production and delivery of its eagerlyawaited Bell 505 aircraft," said Stuart Bradie, KBR President and Chief Executive Officer. "KBR Building Group has completed a number of advanced manufacturing facilities for the aerospace sector, and we look forward to delivering another successful project."

Expected revenue from the contract will be included in the fourth quarter 2014 backlog of unfilled orders for the Services segment.  The contract value was not disclosed.

About KBR

KBR is a global engineering, construction and services company supporting the energy, hydrocarbons, chemicals, industrial, civil infrastructure, minerals, government services and commercial markets. For more information, visitwww.kbr.com .

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The statements in this press release that are not historical statements, including statements regarding future financial performance and backlog information, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to:  the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; the scope and enforceability of the company's indemnities from its former parent; changes in capital spending by the company's customers; the company's ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates, escalating costs associated with and the performance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes with the company's customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.

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Contact: 

Investors
Zac Nagle
Vice President, Investor Relations
713-753-5082
Investors@kbr.com

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