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

Security Firm System High Receives Enlightenment Capital Investment

Enlightenment Capital has invested in System High to help drive the security company’s growth efforts in …

McAleese & Associates: Undersecretary Matthew Donovan on Air Force’s Readiness, Other Priorities

Consulting firm McAleese & Associates has issued a report on the U.S. Air Force’s priorities for …