KBR reports growth in government services business

KBR said today sales during the most recent quarter in its government services unit hit $519 million, up $345 million from the same three-month period a year earlier.

The company attributed the growth to its acquisitions of Wyle and Honeywell's technical services business "as well as from expansion of existing U.S. government contracts and task orders supporting the U.S. Military."

"The recent acquisitions along with the heritage KBR U.S. Government business now face the market under a single brand: KBRwyle," the company said. "This brand along with the support KBR provides to the governments in the U.K. and Australia delivers offerings and a strong competitive position that span the full spectrum of government mission requirements including research and development, program management and integration, testing, engineering, logistics, deployed operations, and life-cycle sustainment globally."

For the year, KBR's government services business reported sales of $1.4 billion, up from $663 million in 2015.