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KBR says not pursuing acquisition of Jacobs CMS business
The Fly

KBR says not pursuing acquisition of Jacobs CMS business

The Sunday Times included an article on August 20, which referenced KBR‘s (KBR) potential interest in acquiring Jacobs’ (J) Critical Mission Solutions, or CMS, business. In the ordinary course, KBR does not comment on market rumors; however, this article has generated significant inbound questions. KBR has been clear about its capital deployment and strategic priorities. The company said the Jacobs CMS business does not align with either and thus is not being pursued.

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