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Why Is KBR Stock Surging Wednesday?

KBR, Inc. plans to spin off its Mission Technology Solutions business by mid-to-late 2026, creating two independent public companies.

KBR, Inc. 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.
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Source: Benzinga | Published: 2025-09-24T13:23:13Z

Credit: Benzinga

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