KBR joint venture showcases sustainable aviation options for UK Ministry of Defense

HOUSTON, May 2, 2022 /PRNewswire/ — KBR (NYSE:KBR) today announced that it has embarked on a series of electric aircraft test flights for the UK Ministry of Defense (MoD) to assess the feasibility of environmentally friendly alternatives to current military aircraft, through its Affinity Capital Works Limited Joint Venture with Elbit Systems UK.

The Zero Emissions Aircraft Trial Concept was presented to the MoD through Affinity, demonstrating its commitment to providing innovative solutions to the UK Armed Forces and meeting future needs to help achieve zero emissions ambitions in line with the MoD’s green transformation.

The test flights will help the Royal Air Force (RAF) assess electric aircraft technology, determine its effectiveness as an impactful pilot training capability and explore the implications on functional areas such as aircraft operations and airfield on the ground and in the air, logistical support and infrastructure, as well as security.

The flights will use a fully certified two-seat pilot training aircraft, the Velis Electro. Flight and safety insurances have been developed over the summer of 2021, arranged and provided through Affinity, in partnership with the UK Civil Aviation Authority.

The program began with test flights in December 2021 before the aircraft joins Affinity’s existing fleet at RAF Cranwell, where up to twenty additional pilots will fly the sustainable and environmentally friendly aircraft in the coming months.

“We are extremely proud to support this initiative. The project builds on KBR’s proud history of pioneering new technologies and aligns with our vision to deliver solutions that help customers achieve their most critical goals in a safer and more sustainable way,” said Andre BarriePresident, KBR Government Solutions EMEA.

KBR has been instrumental in the UK’s military flight training program since 2016, helping to purchase almost 50 aircraft and supporting over 100 staff at three RAF bases in the UK through its Affinity joint venture with Elbit Systems UK.

About KBR

We provide science, technology and engineering solutions to governments and businesses around the world. KBR employs approximately 28,000 people performing diverse, complex and critical roles in 34 countries.

KBR is proud to work with customers around the world to provide technology, value-added services, and long-term operation and maintenance services to ensure consistent delivery with predictable results. At KBR, we deliver.

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Forward-looking statement

Statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company’s control and 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: material adverse impacts on economic and market conditions from the COVID-19 pandemic and the company’s ability to respond to resulting business challenges and disruptions; the recent dislocation of the global energy market; the company’s ability to manage its cash; results and publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and the potential adverse results and consequences of such proceedings; changes in capital expenditures by the company’s customers; the company’s ability to obtain contracts from existing and new customers and to execute on those contracts; structural changes in the industries in which the company operates; escalating costs associated with completing fixed-price projects and the company’s ability to control its costs under its contracts; claims negotiations and contractual 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 governmental regulations and regulatory requirements; compliance with income tax laws; unstable political conditions, war and the effects of terrorism; foreign operations and exchange rates and controls; the development and installation of financial systems; the possibility of cyberattacks and malware; increased competition for employees; the ability to complete and integrate acquisitions; and the activities of joint ventures, including joint ventures that are not controlled by the company.

The company’s most recently filed Annual Report on Form 10-K, all subsequent Forms 10-Q and 8-K, and other filings with the United States Securities and Exchange Commission discuss some of the material risk factors that the company has identified and which may affect its business, results of operations and financial condition. Except as required by law, the Company undertakes no obligation to publicly revise or update any forward-looking statements for any reason.

SOURCE KBR, Inc.

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