Home / M&A Activity / KBR Closes Stinger Ghaffarian Technologies Buy; Stuart Bradie Comments

KBR Closes Stinger Ghaffarian Technologies Buy; Stuart Bradie Comments

KBR (NYSE: KBR) has completed its purchase of Greenbelt, Maryland-based government technology and engineering services contractor Stinger Ghaffarian Technologies.

Houston-based KBR said Wednesday it intends to retain most of SGT’s current structure and integrate the business into its government services arm KBRwyle.

SGT offers technology platforms and services to NASA and other government space programs. It currently supports the space agency’s Johnson Space Center under a potential $1.12 billion contract awarded in October of last year.

Stuart Bradie, president and CEO of KBR, said the combined organization aims to identify new growth opportunities and create synergies across the civil, military and commercial markets.

Check Also

Army Picks 12 Firms for $249M Chemical, Biological Defense Support Contract

Twelve companies have won positions on a potential five-year, $249M contract from the U.S. Army to …

DynCorp Wins $152M Navy TH-57 Helicopter Logistics Support IDIQ

DynCorp International has won a potential three-year, $152.2M contract to provide logistics services to the U.S. …