KBR Closes Centauri Buy; Stuart Bradie Quoted

KBR Closes Centauri Buy; Stuart Bradie Quoted
Stuart Bradie President and CEO KBR

KBR (NYSE: KBR) has wrapped up its acquisition of Chantilly, Va.-based technology services contractor Centauri from Arlington Capital Partners as part of efforts to further build up its intelligence and military space businesses.

Stuart Bradie, president and CEO of KBR, said in a statement published Monday the addition of Centauri will create growth opportunities and help KBR expand its presence in the government solutions sector.

KBR agreed to buy Centauri from Arlington Capital Partners in August for approximately $800M in cash.

Centauri provides space platforms, cybersecurity, missile defense, directed energy and other technology platforms and services to the Department of Defense and the U.S. intelligence community.

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