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News  ›  GlobeNewswire Inc.

KBR, Inc. (KBR) Cuts 2025 Revenue Due to TRANSCOM Termination, Securities Class Action Looms–Hagens Berman

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Hagens Berman
KBR, Inc. (KBR) Cuts 2025 Revenue Due to TRANSCOM Termination, Securities Class Action Looms–Hagens Berman

KBR faces a class-action lawsuit alleging misleading statements to investors about its HomeSafe Alliance joint venture, which was terminated by TRANSCOM due to operational issues, causing significant revenue reduction and stock price decline.

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KBR   negative

Company experienced contract termination, significant revenue guidance reduction, stock price drop, and is facing a securities class action lawsuit alleging investor deception