Pomerantz LLP investigates KBR over alleged securities fraud, stock price drops.

Pomerantz LLP is investigating claims of securities fraud against KBR, Inc. (NYSE: KBR) on behalf of investors. The investigation concerns whether KBR and certain officers/directors have engaged in unlawful business practices. KBR's stock price fell 7.29% after the company announced that U.S. Transportation Command terminated HomeSafe's role in the Global Household Goods Contract. Investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

KBR, Inc. (NYSE: KBR), a U.S.-based engineering and construction company, has been facing a significant challenge following the termination of a major contract by the U.S. Transportation Command (TRANSCOM). The company's stock price plummeted by 7.29% on June 20, 2025, after the announcement that HomeSafe Alliance LLC, a KBR-led joint venture, had its role in the Global Household Goods Contract terminated for cause due to performance issues.

The termination came as a surprise to investors, as KBR management had recently expressed confidence in the relationship with TRANSCOM and the future of the HomeSafe program. In May 2025, KBR management assured investors that the relationship with TRANSCOM was strong and that they were feeling positive about the program's future [2].

However, HomeSafe revealed that it had been working with TRANSCOM for several months to address government delays, obstacles, and commercial challenges. Despite these assurances, the contract was terminated for cause, leading to a substantial drop in KBR's share price.

Investors who suffered losses are encouraged to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980, as Pomerantz LLP is investigating claims of securities fraud against KBR, Inc. The investigation concerns whether KBR and certain officers/directors have engaged in unlawful business practices [3].

KBR, Inc. has a history of operating in various markets, including aerospace, defense, industrial, and intelligence. The company was formerly known as Kellogg Brown & Root and was created in 1998 through the merger of M.W. Kellogg and Halliburton's construction subsidiary, Brown & Root. In 2006, KBR completed an initial public offering on the New York Stock Exchange [1].

References:
[1] https://en.wikipedia.org/wiki/KBR,_Inc.
[2] https://www.morningstar.com/news/pr-newswire/20250707sf24648/kbr-inc-kbr-shares-sharply-declined-amid-transcom-contract-termination-hagens-berman
[3] Pomerantz LLP