Under the terms of the deal, Braden will provide four complete gas turbine exhaust systems including diverter dampers.
Global Power Products division president Dean Glover said the company will add four new systems to its already large installed base of equipment in Iraq.
"We are looking forward to working with Siemens on providing exhaust equipment for this new gas-fired power plant," Glover said.
"Our truly global supply chain allows us to be the supplier of choice for projects in diverse locations around the world."
Braden’s European division will execute and deliver the product components in late 2012 and early 2013.
US-based Global Power Equipment Group is a design, engineering and manufacturing firm.