Core Viewpoint - A class action lawsuit has been filed against KBR, Inc. for allegedly misleading investors regarding the capabilities of its joint venture, HomeSafe Alliance, to fulfill a significant contract with the U.S. Department of Defense [1][2][3]. Group 1: Allegations and Contract Issues - HomeSafe Alliance, a joint venture in which KBR holds a 72% economic interest, was awarded the Global Household Goods Contract by TRANSCOM, which assists U.S. military personnel and their families with relocations [2]. - The complaint alleges that KBR was aware of TRANSCOM's concerns about HomeSafe's ability to meet contract obligations but continued to assert that the partnership was functioning well and would improve in future quarters [3]. Group 2: Stock Price Impact - Following the announcement of issues between TRANSCOM and HomeSafe, KBR's stock price dropped by $3.85 per share (7.29%) to close at $48.93 on June 20, 2025, and fell further by $1.30 (2.65%) to close at $47.63 on June 23, 2025 [4]. Group 3: Class Action Participation - Shareholders interested in leading the class action must submit their papers by November 18, 2025, and can choose to remain absent from the case while still being eligible for recovery [5].

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired KBR, Inc. ("KBR†or the "Company†) (NYSE: KBR) securities between May 6, 2025 and June 19, 2025, inclusive (the "Class Period†). KBR investors have until November 18, 2025 to file a lead plaintiff motion IF YOU SUFFERED A LOSS ON YOUR KBR, INC. (KBR), CLICK H. ...

LOS ANGELES--(BUSINESS WIRE)--Law Offices of Frank R. Cruz Encourages KBR, Inc. (KBR) Investors To Inquire About Securities Fraud Class Action. ...

Core Viewpoint - KBR announced the spin-off of its Mission Technology Solutions division, leading to a 1.8% increase in stock price, aimed at creating two independent companies to enhance growth and value for stakeholders [1] Company Summary - KBR is taking strategic steps to separate its Mission Technology Solutions division, which is expected to unlock value and drive growth for the newly formed entities [1]

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Core Viewpoint - KBR has announced a strategic intent to spin off its Mission Technology Solutions to unlock meaningful value creation for the company and its investors [2]. Group 1: Company Announcement - The special investor webcast was hosted by KBR's Vice President of Investor Relations, Jamie DuBray, along with CEO Stuart Bradie and CFO Mark Sopp [2]. - The company will not be addressing questions related to its financial performance for 2025 during this session [3]. Group 2: Financial Information - The presentation includes forward-looking statements that reflect KBR's views on future events and their potential impact on performance [4]. - The discussion also features non-GAAP financial measures that KBR believes are useful metrics for investors [4].

Core Viewpoint - KBR announced a strategic intent to spin off its Mission Technology Solutions to unlock meaningful value creation for the company [2]. Group 1: Company Overview - The webcast was hosted by Jamie DuBray, Vice President of Investor Relations, with participation from Stuart Bradie, President and CEO, and Mark Sopp, Executive Vice President and CFO [2]. - The company is currently not addressing questions related to its 2025 financial performance during this presentation [3]. Group 2: Strategic Intent - The spin-off of Mission Technology Solutions is aimed at enhancing value creation for KBR [2]. - The presentation includes forward-looking statements regarding the company's views on future events and their potential impact on performance [4]. Group 3: Financial Metrics - The discussion includes non-GAAP financial measures that KBR believes are useful metrics for investors [4].

KBR, Inc. (NYSE:KBR) said Wednesday its board approved a plan to spin off its Mission Technology Solutions business, creating two independent public companies. The transaction, expected to be tax-free, is targeted for completion by mid-to-late 2026. The move will divide the Houston-based company into “New KBR,” which will concentrate on sustainable technology, and “SpinCo,” which will focus on government services tied to national security and space. New KBR will house the Sustainable Technology Solutions ...

Summary of KBR's Special Investor Webcast Company Overview - **Company**: KBR, Inc. - **Segments**: KBR is planning to spin off its Mission Technology Solutions (MTS) segment, creating two independent public companies: New KBR (Sustainable Technology Solutions segment) and SpinCo (Mission Technology Solutions segment) [2][4][10]. Key Points and Arguments 1. **Strategic Spin-off Announcement**: KBR announced its intent to spin off the MTS segment to unlock shareholder value, resulting in two independent companies with focused management and financial flexibility [4][5]. 2. **Tax-Free Transaction**: The spin-off is expected to be tax-free for KBR and its shareholders, with completion anticipated in mid to late 2026 [5][18]. 3. **Historical Transformation**: KBR has undergone a decade-long transformation, increasing revenue from approximately $5 billion to $8 billion, and margins nearly doubling from over 6% to under 12% [6][7]. 4. **Financial Performance**: Adjusted EBITDA has grown by over 180% during the transformation, with significant increases in adjusted EPS and operating cash flow [7]. 5. **Independent Business Models**: Post-spin, New KBR will focus on sustainable technology solutions, while SpinCo will concentrate on government solutions, both benefiting from dedicated management and strategic focus [8][10]. 6. **Market Positioning**: New KBR is expected to lead in IP-protected technologies, while SpinCo will focus on national security and space priorities, with a backlog of $17.8 billion [11][15]. 7. **Financial Metrics**: For the trailing 12 months ending July 4, 2025, New KBR reported revenue of $2.2 billion with adjusted EBITDA margins around 22%, while SpinCo reported revenue of $5.8 billion with adjusted EBITDA margins around 10% [11][12]. 8. **Leadership Changes**: Mark Sopp will oversee the spin-off of MTS, while Shad Evans will become the CFO of New KBR post-spin [16][17]. Additional Important Content 1. **Organizational Agility**: The spin-off is expected to enhance organizational agility, streamline decision-making, and improve accountability [9]. 2. **Customer Focus**: Each company will have the flexibility to optimize its capital structure and align its capabilities with customer needs, enhancing customer intimacy [9][10]. 3. **Cost Structure Management**: KBR aims to minimize stranded costs post-spin, with a focus on maintaining cost-competitiveness and attractive financial profiles for both companies [36][37]. 4. **Market Diversification**: Both businesses have been designed to mitigate cycle risk through diversification across multiple market streams and geographical areas [43][44]. 5. **Future Investor Days**: Dedicated investor days will be held for both New KBR and SpinCo to provide deeper insights into their operations and growth strategies [12][55]. This summary encapsulates the key aspects of KBR's strategic direction, financial performance, and future outlook as discussed in the investor webcast.

Spin-off Announcement - KBR plans to spin off its Mission Technology Solutions (MTS) segment to create two independent, pure-play public companies: "New KBR" comprising Sustainable Technology Solutions (STS) and "SpinCo" comprising MTS [1, 7] - The transaction is intended to be tax-free to KBR and its shareholders and is expected to close in mid-to-late 2026 [7, 33] Portfolio Transformation - The spin-off is the culmination of a decade-long portfolio transformation to focus on differentiated and innovative science, technology, and engineering solutions [7, 9, 10] - KBR has acquired 13 businesses and divested 4 non-core businesses, exiting commoditized services and shifting away from lump sum turnkey-type contracts [13] New KBR (STS) - New KBR, comprising STS, has TTM Q2'25 revenues of $2.2 billion and an adjusted EBITDA margin of approximately 22% [15, 20] - STS backlog for Q2'25 is $3.7 billion [15] SpinCo (MTS) - SpinCo, comprising MTS, has TTM Q2'25 revenues of $5.8 billion and an adjusted EBITDA margin of approximately 10% [16, 27] - MTS backlog and options for Q2'25 is $17.8 billion [16] Financial Performance - KBR's adjusted EBITDA has grown by 180% from $334 million in 2015 to $935 million in TTM Q2'25 [11]