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].

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, due to undisclosed concerns regarding a key military contract [1][3]. Group 1: Lawsuit Details - The lawsuit alleges that KBR failed to disclose material concerns from the U.S. Department of Defense's Transportation Command (TRANSCOM) regarding HomeSafe's ability to fulfill the Global Household Goods Contract [3]. - KBR reassured investors that the contract would proceed as expected, despite being aware of the issues within the partnership [3]. - Following the disclosure of the contract termination by HomeSafe on June 19, 2025, KBR's shares dropped by $3.85, or 7%, closing at $48.93 on June 20, 2025 [4]. Group 2: Company Background - KBR, Inc. is a Houston-based firm specializing in engineering, technology, and government services, providing logistics and operations support to various federal agencies, including the Department of Defense [2].