KBR Completes Centauri Acquisition, Strengthening Military Space and Intelligence Capabilities

KBR, Inc. (NYSE: KBR) ("KBR") announced today it has completed the acquisition of Centauri, LLC ("Centauri"), a leading independent provider of space, directed energy, and other advanced technology solutions to the United States intelligence community and Department of Defense, from Arlington Capital Partners.

This significant acquisition expands KBR's military space and intelligence business and builds upon the company's existing cybersecurity and missile defense solutions. Furthermore, the addition of Centauri advances KBR's strategic transformation of becoming a leading provider of high-end, mission-critical technical services and solutions. Centauri has a long history of serving some of the U.S. government's most important, challenging, and complex missions advancing   national security priorities and KBR seeks to expand these customer relationships to diversify the company's offerings in mission support services for defense and intelligence customers.

"We are excited to welcome Centauri into the One KBR family as their people-focused, mission-oriented ideals align well with our own company culture," said Stuart Bradie, KBR President and CEO. "Centauri adds an enormous benefit to KBR, as a result of its highly technical, differentiated portfolio, creating opportunities for substantial growth and putting KBR at the forefront of the government solutions sector."

Source: KBR
Date: Oct 5, 2020