M&A - KBR, INC.
Form Type: DEF 14A
Filing Date: 2025-03-31
Corporate Action: Acquisition
Type: New
Accession Number: 000130817925000318
Filing Summary: KBR, Inc. delivered strong financial results in 2024, achieving 11% revenue growth and 16% adjusted EBITDA growth. The company highlighted an impressive backlog of $21.2 billion, indicating robust future prospects. A notable acquisition in 2024 was LinQuest, which enhanced KBR's capabilities in national security and military space sectors. This acquisition is expected to yield significant synergies as KBR integrates LinQuest’s advanced engineering and data analytics expertise. The report also covered various contract wins related to military and commercial sectors, supporting the company's strategic growth initiatives. KBR is committed to addressing critical global challenges while enhancing operational excellence and maintaining high safety standards. Additionally, the notice included details about the upcoming annual stockholders' meeting, scheduled for May 14, 2025, which will be held virtually, allowing stockholders to vote on several proposals including director elections and executive compensation approvals.
Document Link: View Document
Additional details:
Business Highlights: Delivered 11% revenue growth and 16% adjusted EBITDA growth
Acquisition Details: Acquired LinQuest, enhancing capabilities for national security and military space missions
Backlog Value: $21.2 billion
Safety Record: Achieved 94% incident-free days with a total recordable incident rate of 0.050
Contract Awards: Secured over $1.5 billion via Information Analysis Center Multiple Award Contract within Defense and Intelligence business
Virtual Meeting Details: Annual Meeting scheduled for May 14, 2025, conducted via virtual webcasting
Form Type: PRE 14A
Filing Date: 2025-03-21
Corporate Action: Acquisition
Type: New
Accession Number: 000130817925000189
Filing Summary: KBR, INC. reported significant achievements in 2024, including an 11% revenue growth and a 16% growth in adjusted EBITDA. The company successfully acquired LinQuest, enhancing its capabilities in national security and military space missions. This acquisition, which closed in Q3 2024, strengthens KBR’s Mission Technology Solutions segment. The company also secured multiple contracts, highlighted a backlog of $21.2 billion, and achieved an exceptional safety record with a TRIR of 0.050. The proxy statement outlines upcoming proposals for the virtual Annual Meeting scheduled for May 14, 2025, including the election of directors and approval of executive compensation.
Document Link: View Document
Additional details:
Average Reported Value Of Equity Awards: [value not provided]
Average Equity Award Adjustments: [value not provided]
Average Reported Change In The Actuarial Present Value Of Pension Benefits: [value not provided]
Average Pension Benefit Adjustments: [value not provided]
Total Equity Award Adjustments: [value not provided]
Book To Bill Ratio: 1.1x
Revenue Growth Percentage: 11%
Comments
No comments yet. Be the first to comment!