KBR, Inc. (NYSE:KBR) said Wednesday its board approved a plan to spin off its Mission Technology Solutions business, creating two independent public companies. The transaction, expected to be tax-free, is targeted for completion by mid-to-late 2026.
The move will divide the Houston-based company into “New KBR,” which will concentrate on sustainable technology, and “SpinCo,” which will focus on government services tied to national security and space.
