KBR-BAE Joint Venture Lands $470M Contract for UK Naval Base Services; Stuart Bradie Quoted
KBS Maritime, a joint venture between KBR and BAE Systems, announced Monday will provide facilities management and dockside services at HM Naval Base Portsmouth in the U.K. under a five-year $470 million contract. The award is expected to expand KBR’s presence in the U.K. naval defense sector.