Core Viewpoint - KBR, Inc. is facing a securities class action lawsuit due to alleged misleading statements regarding its partnership with the U.S. Department of Defense's Transportation Command, which has raised concerns about KBR's ability to fulfill contracts [5]. Group 1: Class Action Details - The class action pertains to KBR securities purchased between May 6, 2025, and June 19, 2025, with a lead plaintiff deadline set for November 18, 2025 [1][3]. - Investors who purchased KBR securities during the specified period may be eligible for compensation without incurring out-of-pocket fees through a contingency fee arrangement [2]. Group 2: Allegations Against KBR - The lawsuit claims that KBR made materially false and misleading statements about its business operations and prospects, particularly regarding its partnership with TRANSCOM [5]. - Defendants allegedly misrepresented the status of the Global Household Goods Contract, claiming no issues while being aware of significant concerns [5]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm emphasizes its experience and success in securities class actions, having achieved significant settlements, including the largest against a Chinese company [4]. - The firm has been recognized for its performance in securities class action settlements, ranking in the top four since 2013 and recovering hundreds of millions for investors [4].

Group 1 - The Rosen Law Firm is reminding purchasers of KBR, Inc. securities from May 6, 2025, to June 19, 2025, about the lead plaintiff deadline of November 18, 2025, in a securities class action lawsuit [1][2][5] - Investors who purchased KBR securities during the specified period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2][5] - The lawsuit alleges that KBR made materially false and misleading statements regarding its partnership with the U.S. Department of Defense's Transportation Command, which affected investors' decisions [5][6] Group 2 - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements in recovering significant amounts for investors [4] - The firm has been recognized for its performance in securities class action settlements, including being ranked No. 1 by ISS Securities Class Action Services in 2017 and securing over $438 million for investors in 2019 [4]

Core Viewpoint - Faruqi & Faruqi, LLP is investigating potential securities law violations at KBR, Inc. following a significant drop in its stock price after the announcement of the termination of a contract by HomeSafe Alliance [2][3]. Group 1: Investigation Details - The investigation is being led by Faruqi & Faruqi, a national securities law firm known for recovering hundreds of millions of dollars for investors since its establishment in 1995 [2]. - Investors who suffered losses in KBR are encouraged to contact the firm to discuss their legal options [1][4]. Group 2: Stock Price Impact - On June 20, 2025, KBR's stock price fell by $3.85 per share, a decrease of 7.29%, closing at $48.93 following the contract termination announcement [3]. - The decline continued on June 23, 2025, with an additional drop of $1.30 per share (2.65%), closing at $47.63 [3].

Core Insights - KBR has been awarded a contract by ENKA to provide detailed engineering design services for the Associated Gas Upstream Project Phase 2 (AGUP2) in Iraq, part of the Gas Growth Integrated Project (GGIP) operated by TotalEnergies [1][2][3] Company Summary - KBR has a long-standing relationship with TotalEnergies and ENKA, having previously delivered the Front-End Engineering Design (FEED) for the AGUP2 project [2][3] - The company has been a trusted service provider in Iraq for over 40 years, contributing to the country's energy infrastructure development [4] - KBR employs approximately 37,000 people globally, providing diverse and mission-critical roles across 29 countries [5] Project Details - The AGUP2 project aims to process oil and associated gas from the Ratawi oil field, increasing production capacity to 210,000 barrels per day of oil and 154 million standard cubic feet per day of gas, while eliminating routine flaring [3][4] - The GGIP includes multiple components such as gas recovery, power generation, oil field redevelopment, and renewable energy investment, with a goal of improving Iraq's electricity supply [6] Strategic Importance - The AGUP2 project is seen as a strategic milestone for Iraq's energy future, supporting the country's goal of energy self-sufficiency and improved environmental performance [4] - KBR's expertise in gas processing and energy transition technologies positions the company as a key player in Iraq's decarbonization efforts and TotalEnergies' integrated approach to responsible energy production [4]

Core Viewpoint - KBR, Inc. is facing a securities class action lawsuit due to alleged misleading statements regarding its partnership with the U.S. Department of Defense's Transportation Command, which may have impacted investors negatively during the specified class period [5]. Group 1: Class Action Details - The class action lawsuit pertains to KBR securities purchased between May 6, 2025, and June 19, 2025, with a lead plaintiff deadline set for November 18, 2025 [1][2]. - Investors who purchased KBR securities during the class period may be eligible for compensation without upfront costs through a contingency fee arrangement [2]. Group 2: Legal Representation - The Rosen Law Firm encourages investors to select experienced legal counsel, highlighting its own track record in securities class actions and significant settlements achieved for investors [4]. - The firm has been recognized for its success in securities class action settlements, including a notable $438 million recovery for investors in 2019 [4]. Group 3: Allegations Against KBR - The lawsuit claims that KBR's management made materially false statements regarding the partnership with HomeSafe, despite known issues that could affect contract fulfillment [5]. - It is alleged that these misleading statements led to investor damages when the true situation was revealed [5].

Core Points - The Gross Law Firm has issued a notice to shareholders of KBR, Inc. regarding a class action lawsuit related to misleading statements made by the company during a specified class period [1][3] - The class period for the lawsuit is from May 6, 2025, to June 19, 2025, during which KBR allegedly made false claims about its partnership with the U.S. Department of Defense's Transportation Command [3] - Shareholders are encouraged to register for the class action by November 18, 2025, to potentially recover losses incurred due to the alleged misleading statements [4] Allegations - The complaint alleges that KBR's management was aware of concerns regarding HomeSafe's ability to fulfill a global household goods contract but continued to assert that the partnership was functioning without issues [3] - As a result of these misleading statements, KBR's business operations and future prospects were misrepresented, leading to an artificial inflation of the company's stock price [3] Next Steps for Shareholders - Shareholders who purchased KBR shares during the class period can register to be included in the case and will receive updates through a portfolio monitoring software [4] - There is no cost or obligation for shareholders to participate in the class action [4] About the Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit and fraud [5] - The firm aims to ensure that companies engage in responsible business practices and seeks recovery for investors affected by misleading statements [5]

Core Viewpoint - A class action lawsuit has been filed against KBR, Inc. by Berger Montague on behalf of investors who acquired KBR shares between May 6, 2025, and June 19, 2025, alleging that the company misled investors regarding a contract with the U.S. Department of Defense's Transportation Command [1][3]. Group 1: Lawsuit Details - The lawsuit claims that KBR misrepresented its relationship with TRANSCOM and the status of a Global Household Goods Contract, despite TRANSCOM expressing serious concerns [3]. - On June 19, 2025, it was revealed that TRANSCOM was terminating the contract, leading to a significant drop in KBR's share price by $3.85, or 7%, closing at $48.93 on June 20, 2025 [4]. Group 2: Investor Information - Investors who purchased KBR securities during the class period have until November 18, 2025, to seek appointment as lead plaintiff representatives [2].

Core Viewpoint - A class-action lawsuit has been filed against KBR, Inc. alleging misleading statements to investors prior to the cancellation of a significant military contract, which adversely affected the company's business outlook [1][3]. Group 1: Lawsuit Details - The lawsuit seeks to represent investors who acquired KBR securities between May 6, 2025, and June 19, 2025 [1][2]. - The legal action claims that KBR executives provided an overly optimistic outlook on the HomeSafe partnership just before its collapse [2][5]. Group 2: Contract Cancellation Impact - The Department of Defense's U.S. Transportation Command (TRANSCOM) canceled its global household goods contract with HomeSafe Alliance LLC, a joint venture led by KBR, leading to a more than 7% drop in KBR's share price [3][5]. - The contract was valued at up to $20 billion over a potential nine-year term [3]. Group 3: Financial Implications - KBR had previously assured investors during its Q1 earnings call on May 6, 2025, that the HomeSafe partnership was "strong" and expected to contribute approximately $400 million in revenue for 2025 [4]. - Following the contract termination, KBR revised its low-end 2025 revenue guidance downward by about $900 million (-9%) due to the removal of the HomeSafe JV revenue contribution [6].

Core Points - Rosen Law Firm is reminding purchasers of KBR, Inc. securities from May 6, 2025, to June 19, 2025, about the November 18, 2025, lead plaintiff deadline in a securities class action lawsuit [1] - Investors who purchased KBR securities during the specified period may be eligible for compensation without any out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and interested parties can join by contacting Rosen Law Firm [3] Case Details - The lawsuit alleges that KBR's defendants made materially false and misleading statements regarding the company's partnership with the U.S. Department of Defense's Transportation Command, despite known concerns about HomeSafe's ability to fulfill the Global Household Goods Contract [5] - The lawsuit claims that these misleading statements resulted in damages to investors when the true details became public [5] Rosen Law Firm's Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [4] - The firm has consistently ranked highly in securities class action settlements, recovering hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4]

Core Insights - KBR has been awarded a contract for detailed engineering services for the Bul Hanine oil and gas field in Qatar, which is crucial for Qatar's energy production portfolio [1][2] - The project aims to extend the production life of the Bul Hanine field, increase its capacity, and incorporate advanced technologies for maximum recovery [1][2] Company Overview - KBR provides science, technology, and engineering solutions globally, employing approximately 37,000 people and serving customers in over 80 countries [3] - The company has a strong track record in delivering complex offshore and onshore projects, enhancing production efficiency, and building resilience in energy supply chains [2][3]