
KBR, Inc. (KBR) Shares Sharply Declined Amid TRANSCOM Contract Termination Hagens Berman
This announcement has prompted national shareholders rights firm Hagens Berman to open an investigation into whether KBR may have violated the securities laws in previously making positive statements about the status of the contract with TRANSCOM. The firm urges KBR investors who suffered substantial losses to submit your losses now . The firm also encourages per sons with knowledge who may be able to assist in the investigation to contact its attorneys.
Visit:
Contact the Firm Now: ...
844-916-0895
KBR, Inc. (KBR) Investigation:
In November 2021, KBR announced that HomeSafe was awarded the contract under which HomeSafe became the exclusive household goods and move management service provider for the U.S. Armed Services, U.S. Department of Defense for civilians and their families.
The contract ceiling value was $20 billion with a potential 9-year term, inclusive of all options periods.
As recently as May 6, 2025, KBR management assured investors that:
- “[t]he HomeSafe-Transcom relationship is strong with a commitment on both sides to make this program successful[;]” “[t]he relationship with Transcom is excellent[;]” “feeling really good about where HomeSafe sits today[;]” and “we are very confident in the future of this program.”
Just a month and a half later, on June 19, 2025, the company's assurances may have come into question when HomeSafe announced that TRANSCOM notified that the contract was terminated for cause due to the company's inability to fulfill its obligations and provide high-quality moves for service members. The DOD's decision reportedly came after months of widespread issues with the contract, including delays, missed pickups, and damaged items.
Further, contrary to KBR's May assurances, HomeSafe also revealed that it had been working with TRANSCOM“for several months to address government delays, obstacles and commercial challenges.”
This news sent the price of KBR shares down $3.85 (-7.3%) on June 20, 2025.
“We're investigating whether KBR may have misled investors about the true status of the relationship with TRANSCOM and the contract,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
If you invested in KBR and have substantial losses, or have knowledge that may assist the firm's investigation, submit your losses now ))
If you'd like more information and answers to frequently asked questions about the KBR investigation, read more )
Whistleblowers: Persons with non-public information regarding KBR should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email ... .
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com . Follow the firm for updates and news at @ClassActionLaw .
Contact:
Reed Kathrein, 844-916-0895


Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Multibank Group Confirms $MBG Token TGE Set For July 22, 2025
- Status Unveils First Gasless L2 On Linea With 100% Community Yield Allocation Mechanism
- Polemos Launches $PLMS Token On MEXC And Uniswap, Advancing Web3 Gaming Infrastructure
- Everstake Brings Ethereum Experts Together To Explore Post-Pectra And Institutional Adoption
- Deribit And Signalplus Launch“The Summer Chase” Trading Competition 2025 Featuring A $300,000+ USDC Prize Pool
- G-Knot Appoints Fintech, Crypto Veteran Wes Kaplan As CEO To Launch The First Finger Vein Biometric Wallet
Comments
No comment