
KBR, Inc. [KBR] on Wednesday said it has agreed to acquire Centauri for $827 million in cash in a deal that complements its existing civil space business with work in the space domain for military and intelligence customers, much of it highly classified with a strong growth trajectory and margin performance. The transaction is expected to close early in the fourth quarter and includes tax benefits that bring the net value to $800 million, which KBR will cover with $300…