KBR says LOGCAP V transition work delayed -- but remaining protest to be resolved soon

The head of KBR's U.S. government solutions business said this week the company is expecting the remaining protest of the Logistics Civil Augmentation Program V to be resolved imminently and that transition work is already underway.

Speaking at a Goldman Sachs virtual conference, Byron Bright said there is only one remaining protest for the program.

"That really should be decided any day," he said. "We really see that winding down and expect a good outcome."

In the meantime, Bright said, "I can tell you that LOGCAP V has already started."

"We are actively planning the various transitions," he added. "I will say that some of the transition of the activities have been delayed."

Vectrus' chief executive said earlier this week that its transition work has been slowed by travel restrictions related to the coronavirus crisis.

Bright said KBR is optimistic about soon moving forward.

"As we understand the environment over the next several months, we hope to see that begin to ramp up," he said.

However, the Army is "in no hurry," Bright added. "There's plenty of time to do this right."