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.
Read More »Weekly Roundup: Pentagon Launches Competition for $11.7B IT Contract; PAE Joins Alion on $896M Task Order; Leidos Secures Multiple Contracts; KBR Buys Centauri; CISA Unveils 5G Strategy
THIS WEEK’S TOP 10 MOST POPULAR STORIES Leidos Wins $292M Contract to Support FAA System Upgrades; Fran Hill Quoted Leidos has been awarded a four-year, approximate $292 million prime contract by the Federal Aviation Administration (FAA) to design and develop a system that will provide real-time access to weather, aeronautical, …
Read More »KBR to Buy Centauri for $800M; Stuart Bradie Quoted
KBR (NYSE: KBR) has agreed to acquire Chantilly, Va.-based technology services contractor Centauri from Arlington Capital Partners for approximately $800M in cash as part of efforts to strengthen its intelligence and military space businesses and expand its portfolio of defense modernization and cybersecurity offerings.
Read More »Weekly Roundup: Leidos Secures $649M Task Order; Todd Probert Joins CACI; AECOM Names New Execs; KBR Announces Two-Segment Business Model & Weekly Top Ten Stories
THIS WEEK’S TOP 10 MOST POPULAR STORIES AECOM Names New Executives to Leadership Team; Troy Rudd Quoted AECOM has appointed Gaurav Kapoor, current chief accounting officer of the company, as chief financial officer, Douglas Stotlar as independent chairman of the Board of Directors and Troy Rudd as director of the …
Read More »KBR Announces Transition Into Two-Segment Business Model; Stuart Bradie Quoted
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.
Read More »KBR Enhances Capital Structure by Replacing PLOC with RCF; Stuart Bradie Quoted
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.
Read More »KBR Announces Fourth Quarter and Fiscal 2018 Financial Results, Guidance for Fiscal 2019
On Tuesday, KBR revealed the company’s fourth quarter and financial results for fiscal 2018 and announced 31 percent organic growth in government services for the fourth consecutive quarter. In the fourth quarter, KBR had a revenue growth of 42 percent to $1.3B with diluted EPS of $0.31, an adjusted EPS …
Read More »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 …
Read More »KBR to Buy Stinger Ghaffarian Technologies in Govt Service Expansion Push
KBR (NYSE: KBR) has agreed to acquire Greenbelt, Maryland-based government technology services contractor Stinger Ghaffarian Technologies for an undisclosed sum in a move to expand its high-tech professional service offerings for NASA and other federal agencies. “SGT is a great company with very talented people and is the right fit …
Read More »KBR to Buy Sigma Bravo in Govt Services Expansion Push
KBR (NYSE: KBR) has agreed to purchase Australia-based information and communication technology services provider Sigma Bravo for an undisclosed sum in a move to broaden its government services offerings. Sigma Bravo will become part of KBRwyle and will retain its existing structure to facilitate business continuity, KBR said Monday. Stuart Bradie, …
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