Core Viewpoint - A class action lawsuit has been filed against KBR, Inc. on behalf of investors who acquired shares during the specified Class Period, alleging failure to disclose material concerns regarding a key military contract [1][3]. Group 1: Company Overview - KBR, Inc. is a Houston-based engineering, technology, and government services firm that provides logistics and operations support to various federal agencies, including the Department of Defense [2]. Group 2: Allegations and Impact - The complaint alleges that KBR did not disclose ongoing concerns from the U.S. Department of Defense's Transportation Command (TRANSCOM) about HomeSafe's ability to fulfill the Global Household Goods Contract during the Class Period [3]. - On June 19, 2025, HomeSafe announced the termination of the contract by TRANSCOM, leading to a significant drop in KBR's share price by $3.85, or 7%, closing at $48.93 on June 20, 2025 [4].
ATTENTION NYSE: KBR INVESTORS: Contact Berger Montague About a KBR, Inc. Class Action Lawsuit