KBR announces tax-free spin-off of Mission Technology Solutions; expects completion mid-2026

KBR, INC.

KBR plans to spin off Mission Technology Solutions (MTS) into a separate public company; expected completion mid-to-late 2026.
Post-spin, New KBR will focus on Sustainable Technology Solutions (STS) with over 85 process technologies; SpinCo to serve government national security and space.
Stuart Bradie to remain Chair, President & CEO of New KBR; Shad Evans appointed CFO effective Jan 5, 2026, succeeding Mark Sopp who will oversee spin-off.
Transaction intended tax-free to KBR and shareholders; subject to IRS ruling, SEC Form 10, and Board approval.
FY2025 outlook reaffirmed; KBR to hold investor days prior to completion.

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