KBR, Inc.
Company Name | KBR, Inc. |
Stock Symbol | KBR |
On June 18, 2025, the U.S. Department of Defense announced that it had canceled its multibillion-dollar contract with KBR’s joint venture, HomeSafe Alliance (“HAS”), “for cause due to HSA's demonstrated inability to fulfill their obligations and deliver high quality moves to Service members.”
On this news, KBR’s stock price fell $3.85, or 7.3%, to close at $48.93 per share on June 20, 2025, thereby injuring investors.
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