HOUSTON, Oct 21, 2021 / PRNewswire / – KBR (NYSE: KBR) today announced the completion of the acquisition of Frazer-Nash Consultancy Limited, a leading provider of systems engineering, insurance and technology consulting services, from Babcock International Group PLC. This acquisition is a continuation of KBR’s strategic journey to advance the upscale market to deliver innovative,
October 21, 2021 by Marc Selinger Nexteam and Ventana are both based in southwest France. (Getty Images) According to a joint announcement, the French aircraft parts manufacturers Nexteam Group and Ventana Group have agreed to join forces and found a joint company with 2,400 employees. The merged company will have 22 production sites and a
Defense giant Babcock announced today that it will sell engineering subsidiary Frazer-Nash Consultancy to other infrastructure provider KBR for £ 293 million. The sale marks the first step in a plan to scrap £ 400 million contracts over the next 12 months to repair the FTSE 100 company’s battered balance sheet. The shares of the
August 16, 2021 from Marc Selinger KBR is based in Houston, Texas. (KBR) British Babcock International Group has agreed to sell its Frazer-Nash consultancy to US engineering company KBR for GBP 293 million (US $ 405.1 million) in order to reduce its debt, Babcock announced on August 13 . KBR said the acquisition of the
