KBR Senior Vice President Earns ISOA Lifetime Achievement Award for Global Stability Operations

HOUSTON, Aug. 13, 2019 /PRNewswire/ -- KBR (NYSE: KBR) announced today that Senior Vice President Ella Studer has won the International Stability Operations Association (ISOA) Lifetime Achievement Award for her accomplishments in stability operations and commitment to the ISOA organization. Studer was one of only two who received this prestigious recognition at ISOA's 2019 Achievement Award Ceremony.

Studer has over 30 years of experience in global stability operations management, strategy formation, and business development. As the senior vice president of KBR's Logistics Business Unit, she oversees more than 12,000 employees worldwide who perform base operations, facilities management, engineering, procurement, contingency response operations and construction services.

Before joining KBR, Studer spent 26 years with the Defense Logistics Agency (DLA) and retired as a Senior Executive Service (SES) member. Prior to this, she served as an Aerospace Ground Equipment Technician in the U.S. Air Force and the Ohio Air National Guard.

With her leadership, KBR continues to make a positive impact around the globe, especially to the local economies in the fragile environments where the company operates.

"A big part of KBR's success in providing reliable stability operations wherever they are needed is Ella," said Byron Bright, President, KBR Government Solutions U.S. "Nobody deserves this Lifetime Achievement Award more and we are fortunate to have her on our team."

Studer manages an arm of the business that strengthens KBR's role in stability operations, capacity building, and disaster and recovery operations.

This work has included assisting with disaster relief at multiple bases after catastrophic storms, such as Hurricane Michael, employing host country nationals, and growing local businesses.

As an example of these efforts, KBR has supported the U.S. government in countries that form the Arc of Instability – the area stretching from Africa into the Middle East, the Balkans, the Caucasus, and parts of Asia – for more than a decade.

KBR diligently works with local companies to support the African economy. Within the last two years, it has increased contract awards to Djiboutian-owned vendors by more than 90 percent.

KBR also employs hundreds of national workers at numerous sites across the Arabian Peninsula and Persian Gulf states, and helps these employees develop their skillsets through training programs.

Additionally, KBR's Zero Harm program promotes personal and corporate commitment to health, safety and the environment.

"Transparency, ethical conduct, and respect for human rights are all hallmarks of ISOA member companies," said Bright. "Ella exemplifies KBR's commitment to these values and to conducting business safely and with integrity."

For over 75 years, KBR has helped ensure the success of U.S. government missions and military readiness in the world's most challenging environments. KBR is a top provider of theater-opening logistics support to U.S. military forces, prepositioned stock to the U.S. Army and Marine Corps, and global expeditionary support services.

About KBR, Inc.

KBR is a global provider of differentiated professional services and technologies across the asset and program lifecycle within the Government Solutions and Energy sectors. KBR employs approximately 38,000 people worldwide (including our joint ventures), with customers in more than 80 countries, and operations in 40 countries, across three synergistic global businesses:

• Government Solutions, serving government customers globally, including capabilities that cover the full lifecycle of defense, space, aviation and other government programs and missions from research and development, through systems engineering, test and evaluation, program management, to operations, maintenance, and field logistics
• Technology Solutions, featuring proprietary technology, equipment, catalysts, digital solutions and related technical services for the monetization of hydrocarbons, including refining, petrochemicals, ammonia and specialty chemicals, as well as inorganics
• Energy Solutions, including onshore oil and gas; LNG (liquefaction and regasification)/GTL; oil refining; petrochemicals; chemicals; fertilizers; differentiated EPC; maintenance services (Brown & Root Industrial Services); offshore oil and gas (shallow-water, deep-water, subsea); floating solutions (FPU, FPSO, FLNG & FSRU); program management and consulting services

KBR is proud to work with its customers across the globe to provide technology, value-added services, integrated EPC delivery and long term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.

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The statements in this press release that are not historical statements, including statements regarding future financial performance, 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.

KBR's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Exchange Commission filings discuss some of the important risk factors that KBR has identified that may affect the business, results of operations and financial condition. Except as required by law, KBR undertakes no obligation to revise or update publicly any forward-looking statements for any reason.

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