KBR to acquire Wyle to boost 'high growth' work

By Marjorie Censer / May 23, 2016 at 10:33 AM
KBR, the engineering and construction company, said Monday it has agreed to acquire Wyle, which provides engineering and professional services to the Pentagon and other federal agencies. The deal would combine KBR's government logistics operations with Wyle's technical services, mostly focused in the United States. KBR said it has agreed pay $570 million, after adjusting for tax benefits, to acquire the 3,800-employee Wyle. "The addition of Wyle's highly advanced capabilities significantly expands KBR's global government services offerings, moving the business...

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