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KBR Closes $300M Purchase of Honeywell Govt Services Business; Stuart Bradie Comments

Houston-based engineering and construction firm KBR (NYSE: KBR) has wrapped up its $300 million purchase of the U.S. government services business of Honeywell (NYSE: HON). KBR said Monday it will integrate Honeywell Technology Solutions Inc. into the KBRWyle government services organization, which KBR expects to generate $2.5 billion in annual revenue across defense and aerospace programs. KBR …

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KBR Agrees to Purchase Honeywell Govt Services Arm for $300M in Continued Federal Push

Houston-based engineering and construction company KBR (NYSE: KBR) has agreed to purchase the U.S. government services business of Honeywell (NYSE: HON) for $300 million in a push to continue expansion efforts in the federal market. KBR said Friday it expects to close the transaction subject to regulatory approval in October and …

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Weekly Roundup July 5 – July 8 2016: Lockheed’s Hand in NASA’s Jupiter Journey & more

July 5 – July 8 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson   Americans everywhere celebrated the country’s 240th birthday Monday and those interested in the U.S. space program had another reason to cheer as NASA’s Juno vehicle arrived inside Jupiter’s orbit as …

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KBR Unveils Rebranded Wyle as $570M Acquisition Closes

KBR (NYSE: KBR) has closed the $570 million purchase of government engineering and technical services contractor Wyle, which will operate under the name of KBRwyle within the parent company’s government services segment. KBR CEO Stuart Bradie said Tuesday the company expects government services revenue to total $2 billion per year post-acquisition and have …

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