Following regulatory approval in Australia, KBR (NYSE: KBR) announced today it has completed the acquisition of Frazer-Nash Consultancy Limited, from Babcock International Group PLC.
The acquisition of Frazer-Nash is a continuation of KBR’s strategic journey to deliver innovative, digitally-enabled solutions to governments and customers around the world. Frazer-Nash complements KBR’s global priorities, providing a broad range of professional advisory services across the defense, energy and critical infrastructure sectors.
Rupert Bridges, Chief Operating Officer at Frazer-Nash said:
“We are pleased the KBR sale is complete and the team are looking forward to deepening our relationships with our clients whilst exploring the opportunities our new ownership provides.
“We will continue to help organisations deliver innovative engineering and technology solutions to make lives safe, secure, sustainable, and affordable.”
Stuart Bradie, KBR President and CEO, said:
“We are excited to welcome Frazer-Nash into the One KBR family, aligning our joint focus on helping customers solve their most complex problems.”