On September 24, KBR, Inc., a company delivering science, technology, and engineering solutions to governments and companies around the world, announced a plan to pursue a tax-free spin-off of its Mission Technology Solutions (MTS) segment. Upon completion, KBR and its shareholders will benefit from ownership in two pure-play public companies with enhanced strategic focus, operational independence, and financial flexibility, better positioning both entities to deliver long-term profitable growth and value for customers, associates, and shareholders.
The team advising KBR was led by Stephanie Evans, Andrew Bonnes and Glenn Pollner, and included David Strong, Nathan Moore, Amanda Albert, and Ciara Baker.