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KBR Agrees to Acquire Defense Firm Centauri for $800M

By  |  August 19, 2020

KBR Inc. agreed to acquire national security and space contractor Centauri LLC for about $800 million, as the one time construction firm seeks to boost its presence in the fast expanding space market.

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    KBR will buy the company from private equity firm Arlington Capital Partners and plans to fund the purchase with around $300 million in cash and $500 million of debt, according to a statement on Wednesday, confirming an earlier Bloomberg News report. The parties expect to close the transaction in the fourth quarter.

    Full Content: Bloomberg

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