TRANSCOM terminated contract with HomeSafe Alliance, not expected to significantly impact KBR's profits

From GlobeNewswire: 2025-06-20 06:00:00

HomeSafe Alliance, a KBR Joint Venture, was notified on June 18, 2025, that U.S. Transportation Command (TRANSCOM) terminated its role in the Global Household Goods Contract. KBR stated that this termination is not expected to significantly impact its adjusted EBITDA for 2025, as this program was not projected to contribute profits in the first year of movement activity. HomeSafe Alliance will continue to fulfill its obligations to TRANSCOM and military service members and families. For more information, refer to the HomeSafe Alliance press release linked in the article.

KBR, a company providing science, technology, and engineering solutions globally, employs around 38,000 individuals in more than 80 countries. The company partners with customers worldwide to deliver technology, added value services, and long-term operations and maintenance services. The statements in the press release are forward-looking and subject to risks and uncertainties beyond the company’s control, potentially affecting actual results. KBR’s commitment is to provide consistent delivery with predictable outcomes. For further details, contact Jamie DuBray, Vice President of Investor Relations, or Philip Ivy, Vice President of Global Communications and Marketing.



Read more at GlobeNewswire: KBR Announcement on HomeSafe Alliance Global Household