
- Creates an upmarket leader in Civil, Military, Intelligence and Commercial Space Solutions
- Strengthens KBR’s Military Space and Intel Space Businesses with Best-in-Class Portfolio Focused on high-priority Defense Modernization, MilSpace and Intelligence Budgets
- Further Expands and Differentiates KBR’s Capabilities in High-End Engineering, Technology Development and Mission Support Services for Defense and Intelligence Customers
- Advances KBR’s Strategic Transformation and Attractively Accretive
HOUSTON, Aug. 19, 2020 /PRNewswire/ — KBR, Inc. (NYSE: KBR) (“KBR” or the “Company”) today announced it has entered into a definitive agreement with Arlington Capital Partners (“Arlington Capital”), a Washington, DC-based private equity firm, under which KBR will acquire Centauri, LLC (“Centauri”), a leading independent provider of high-end space, directed energy and other advanced technology solutions, for approximately $800 million (net of tax benefits) in cash.
(more…)