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Tag Archives: Halliburton

October 19 Market Close: GovCon Index Returns to Narrow Range as Energy Gains Boost US Stocks

Executive Mosaic’s GovCon Index closed at a slight loss Wednesday to show a fourth session of tight movement over the last five on mixed activity in its large-cap members as U.S. stocks rode gains by energy producers on a 15-month high settlement in crude oil prices. GovCon Index laggers slightly edged gainers and six of its 11 …

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Weekly Roundup August 8 – August 12 2016: KBR and HPE Make Public Sector M&A Plays & More

August 8 – August 12 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Government contracting sector observers got a twin bill of significant acquisition developments during the Thursday evening-Friday morning “down time” in financial markets to continue the GovCon industry’s ongoing deal spree. Prior to this …

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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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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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