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“HKBR issued a press release on June 20, 2025, announcing that omeSafe Alliance, a KBR . . . Joint Venture, informed us on June 18, 2025, that U.S. Transportation Command (TRANSCOM) has terminated HomeSafe’s role in the Global Household Goods Contract, a contract designed to improve the moving system for military service members and their families.”
Following this news, KBR’s stock price fell over 7% on June 20, 2025.