KBR Investors Face Nov. 18 Deadline to Seek Lead Role in HomeSafe Contract Lawsuit
The case claims KBR misled investors about the HomeSafe venture despite months of TRANSCOM warnings.
Overview
- Plaintiff firms including Rosen Law, Kahn Swick & Foti, and Hagens Berman are urging KBR shareholders to move for lead-plaintiff status by November 18, 2025.
- The complaint targets statements made between May 6 and June 19, 2025, alleging KBR portrayed HomeSafe as strong despite knowing of material concerns raised by U.S. Transportation Command.
- HomeSafe disclosed on June 19 that TRANSCOM terminated the Global Household Goods Contract, a deal valued at up to $20 billion, with KBR holding roughly a 72% economic interest in the joint venture.
- KBR’s stock fell 7.29% on June 20, 2025 and dropped further on June 23 following the termination disclosure.
- On July 31, 2025, KBR cut the low end of its 2025 revenue guidance by about $900 million after removing the expected HomeSafe contribution and acknowledging operational challenges.