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].

Core Viewpoint - A class action lawsuit has been filed against KBR, Inc. by Berger Montague PC on behalf of investors who acquired KBR shares during the specified class period, alleging that KBR made false and misleading statements regarding its partnership with HomeSafe and the performance under the Global Household Goods Contract [1][3]. Group 1: Lawsuit Details - The class action lawsuit claims that KBR failed to disclose material concerns raised by the U.S. Department of Defense's TRANSCOM about HomeSafe's ability to fulfill its obligations [3]. - KBR publicly asserted that its partnership with HomeSafe was functioning well and poised for growth, despite the ongoing concerns [3]. - Following the announcement of the contract termination by HomeSafe on June 19, 2025, KBR's stock price dropped by $3.85, or 7%, closing at $48.93 on June 20, 2025 [4]. Group 2: Company Overview - KBR, Inc. is headquartered in Houston, Texas, and provides services in engineering, logistics, defense contracting, and mission-critical government services [2].