KBR (NYSE: KBR) has finalized its portfolio review and is consolidating its three business segments into two segments - technology solutions and government solutions - as part of a restructuring effort.

KBR has announced the successful amendment of its existing Credit Agreement, marking another step in its capital structure and deployment strategy, the company reported on Wednesday.

SGT, a business unit of KBR's (NYSE: KBR) government services segment, will help NASA manage facilities and systems at the Marshall Space Flight Center in Huntsville, Ala., under a potential eight-year, $570.3M contract.

TYSONS CORNER, VA, May 18, 2020 — KBR (NYSE: KBR) won a pair of five-year task orders worth $140M combined to engineer aircraft systems and prototype unmanned aviation technologies for the Naval Air Systems Command, ExecutiveBiz said May 4.

TYSONS CORNER, VA, May 11, 2020 — KBR (NYSE: KBR) will develop tools to facilitate interoperability of U.S. military testing and training systems under a $63.9M task order from the Department of Defense Test Resource Management Center, ExecutiveBiz reported April 27.

TYSONS CORNER, VA, May 5, 2020 — KBR (NYSE: KBR) will continue to support construction, repair and maintenance of facilities at a U.S. Navy-led installation in Africa under a $15M bridge contract from Naval Facilities Engineering Command Europe, Africa, Southwest Asia, ExecutiveBiz reported April 22.

TYSONS CORNER, VA, April 28, 2020 — KBR (NYSE: KBR) will vie for task orders to support the U.S. government's contingency and humanitarian operations through the company's position on a potential eight-year, $6.4B U.S. Air Force contract vehicle, ExecutiveBiz reported April 16.

KBR’s (NYSE: KBR) Stinger Ghaffarian Technologies subsidiary has secured a potential five-year, $128.4M contract to provide data processing and technical services for a National Oceanic and Atmospheric Administration network system used to process Earth observation data.

Lynn Dugle, most recently CEO of Engility and two-time Wash100 Award recipient, has been appointed to serve on KBR’s (NYSE: KBR) board of directors.

KBR (NYSE: KBR) has received a potential five-year, $276M task order under the unrestricted portion of the Alliant 2 governmentwide acquisition contract to provide information technology equipment and services to Naval Air Systems Command.