OXFORD, United Kingdom, Sept. 26, 2025 (GLOBE NEWSWIRE) -- Unipart, the supply chain performance improvement partner, and KBR announced a new strategic partnership bringing together the two businesses’ world-class capabilities to deliver innovative and resilient solutions for the defence industry. The partnership combines Unipart’s expertise in supply chain management, logistics, and digital solutions with KBR’s deep-rooted experience in systems engineering, programme management, and defence operational sup ...

Core Viewpoint - A class action lawsuit has been filed against KBR, Inc. for allegedly making false and misleading statements regarding its partnership with HomeSafe, which led to a significant drop in KBR's stock price after the termination of a contract by the U.S. Department of Defense's TRANSCOM [1][3][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who acquired KBR shares between May 6, 2025, and June 19, 2025 [1][2]. - Investors have until November 18, 2025, to seek appointment as lead plaintiff representatives [2]. - The allegations include KBR's failure to disclose concerns from TRANSCOM about HomeSafe's ability to fulfill its obligations under the Global Household Goods Contract [3]. Group 2: Impact on Stock Price - Following the announcement of the contract termination by HomeSafe on June 19, 2025, KBR's shares fell by $3.85, or 7%, closing at $48.93 on June 20, 2025 [4]. Group 3: Company Background - KBR, Inc. is headquartered in Houston, Texas, and provides engineering, logistics, defense contracting, and mission-critical government services [2].

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. KBR was aware that the Department of Defense had ongoing concerns about its HomeSafe joint venture, specifically about its ability to fulfill its obligations related to the relocation of armed forces services members and their families. Despite knowing about these concerns, the Company claimed to investors that its performance would continue to grow. Based on these facts, KBR's public statements were fa ...

Why: Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of securities of KBR, Inc. (NYSE: KBR) between May 6, 2025 and June 19, 2025, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 18, 2025 in the securities class action first filed by the Firm. So What: If you purchased KBR securities during the Class Period ...

Group 1 - The article highlights the upcoming deadline of November 18, 2025, for investors to file a lead plaintiff motion in a securities fraud lawsuit related to KBR, Inc. [1] - The lawsuit is on behalf of investors who purchased KBR securities between May 6, 2025, and June 19, 2025, indicating a specific class period for the claims [1] - Investors who suffered losses in KBR, Inc. are encouraged to contact the Law Offices of Howard G. Smith to participate in the ongoing lawsuit [1]

Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of KBR, Inc. securities between May 6, 2025, and June 19, 2025, alleging that KBR made materially false and misleading statements regarding its business operations and prospects [1][5]. Group 1: Lawsuit Details - The lawsuit claims that KBR's management misrepresented the status of its 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]. - Investors are entitled to compensation without any out-of-pocket fees through a contingency fee arrangement if they purchased KBR securities during the class period [2]. Group 2: Next Steps for Investors - Interested investors can join the class action by visiting the provided link or contacting the law firm directly for more information [3][6]. - A lead plaintiff must file a motion with the court by November 18, 2025, to represent other class members in the litigation [1][3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including over $438 million for investors in 2019 [4]. - The firm has been recognized for its success in securities class action settlements, ranking No. 1 in 2017 and consistently in the top 4 since 2013 [4].

Core Viewpoint - KBR, Inc. is planning a tax-free spin-off of its Mission Technology Solutions segment, expected to be completed by mid-to-late 2026, resulting in two independent companies: New KBR and SpinCo [1][9]. Company Overview - New KBR will focus on sustainable technology solutions, leveraging over 85 process technologies aimed at reducing emissions and enhancing efficiency, while also providing advisory and consulting services [3][4]. - SpinCo will concentrate on national security and space technology, benefiting from increased public spending and long-duration contracts, which are expected to enhance its market position and backlog [5][9]. Financial Expectations - New KBR is anticipated to generate robust free cash flow with high conversion rates and diversified revenue streams due to its low capital intensity [4]. - SpinCo is expected to maintain a capital-light model, which will support risk-free cash flow expectations and capitalize on long-term contract opportunities [5]. Strategic Benefits - The spin-off is expected to provide both companies with strategic focus, organizational agility, and streamlined decision-making, enhancing their ability to prioritize commercial resources and capital allocation [7]. - Management believes that both companies will retain KBR's values-driven culture, which is seen as a foundation for future profitable growth [8]. Market Performance - KBR's stock increased by 3.5% during trading hours and continued to rise by 3.7% in after-hours trading following the announcement of the spin-off [2]. - Over the past three months, KBR's shares have risen by 0.9%, although this performance has been below that of the Zacks Engineering - R and D Services industry and the broader market [8].

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In KBR To Contact Him Directly To Discuss Their Options If you purchased or acquired securities in KBR between May 6, 2025 and June 19, 2025 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Faruqi & Faruqi, LLP ...

NEW YORK, Sept. 25, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against KBR, Inc. (“KBR” or “the Company”) (NYSE: KBR) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired KBR securities between M ...

Core Points - KBR, Inc. is facing a securities class action lawsuit for failing to disclose material information during the class period from May 6, 2025, to June 19, 2025 [1][3] - The lawsuit is pending in the United States District Court for the Southern District of Texas, with a deadline of November 18, 2025, for investors to file lead plaintiff applications [1][5] - The lawsuit is linked to a significant drop in KBR's stock price following the termination of a contract by HomeSafe Alliance, a joint venture in which KBR holds a 72% economic interest [4] Company Information - HomeSafe Alliance, a joint venture of KBR, was awarded a contract by the U.S. Department of Defense to improve the military move system but had the contract terminated, leading to a notable decline in KBR's stock price [4] - Following the contract termination announcement, KBR's shares fell by $3.85 (7.29%) to close at $48.93 on June 20, 2025, and further declined by $1.30 (2.65%) to close at $47.63 on June 23, 2025 [4] Legal Context - The case is identified as Norrman v. KBR, Inc., et al., No. 25-cv-04464, highlighting the legal implications for KBR and its executives regarding the alleged failure to disclose critical information [5]