8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 3, 2008

______________________________

KBR, INC.

(Exact name of registrant as specified in its charter)

Delaware 1-33146 20-4536774

(State or other jurisdiction (Commission File Number) (IRS Employer

of incorporation) Identification No.)

601 Jefferson Street

Suite 3400

Houston, Texas77002

(Address of principal executive offices)

Registrant’s telephone number, including area code: (713) 753-3011

______________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 8.01. Other Events.

On June 3, 2008, KBR announced that it has been awarded a four-year contract, including an option for extension, by BP to provide Engineering and Project Management Services (EPMS) for BP's future offshore developments worldwide. The press release announcing the award is attached hereto as Exhibit 99.1.

ITEM 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99.1      Press Release dated June 3, 2008, entitled “KBR Awarded Global Engineering and Project Management Services Contract by BP.”

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

KBR, INC.

Date: June 3, 2008	By:	/s/ Jeffrey B. King
		Vice President, Public Law

EX-99

Exhibit 99.1

FOR IMMEDIATE RELEASE Contact: Heather Browne

June 3, 2008 Director, Communications

713-753-3775

heather.browne@kbr.com

Rob Kukla, Jr.

Director, Investor Relations

713-753-5082

investors@kbr.com

KBR Awarded Global Engineering and Project Management Services Contract by BP

HOUSTON – KBR (NYSE:KBR) today announced that it has been awarded a four-year contract, including an option for extension, by BP to provide Engineering and Project Management Services (EPMS) for BP’s future offshore developments worldwide.

In the agreement KBR and KBR subsidiaries Granherne and GVA Consultants will provide conceptual studies, Front End Engineering and Design (FEED), detailed design and project management services for BP offshore projects across the globe.

“We are excited about this opportunity to continue our forty-year working relationship with BP while continuing to demonstrate our track record of safety, quality personnel and experience in the offshore energy industry,” said John Rose, President, Upstream for KBR. “This contract will lead to substantial work for project teams working together from offices in Houston and London to leverage KBR’s proven ability to execute complex projects in any water depth anywhere in the world. Our ability to manage these types of projects and capture improvement from project to project is the cornerstone of our success in the global engineering and project management sectors.”

Granherne is a leading front end engineering consultancy for onshore, offshore and deepwater oil and gas developments and has experience on over 3,000 projects in more than 20 countries. Granherne has provided services for more than 100 subsea developments, including step out expansions, marginal fields and major subsea projects.

GVA Consultants is one of the world’s leading marine engineering companies with more than 20 years experience designing drilling and floating production semi-submersibles.

KBR is a global engineering, construction and services company supporting the energy, petrochemicals, government services and civil infrastructure sectors. The company offers a wide range of services through its Downstream, Government and Infrastructure, Services, Technology, Upstream and Ventures business segments. For more information, visit www.kbr.com.