Energy Country Review: Complimentary 7-day trial

  • News-alert sign up
  • Contact us

KBR Responds to Sunday Times Article

21/08/2023

The Sunday Times included an article on August 20, 2023, which referenced KBR's potential interest in acquiring Jacobs Solution Inc.'s Critical Mission Solutions (CMS) business. In the ordinary course, KBR does not comment on market rumors; however, this article has generated significant inbound questions.

KBR has been clear about its capital deployment and strategic priorities. The Jacobs CMS business does not align with either and thus is not being pursued. KBR will continue to pursue opportunities that align with our shareholders' best interests. We wish Jacobs every success in exiting this piece of their portfolio.

KeyFacts Energy Industry Directory: KBR

Tags:
KBR
< Previous Next >