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Business/Financial

KBR To Acquire LinQuest, Bolstering National Security Engineering And Technology Capabilities

By Cal Biesecker

Tuesday, July 16th, 2024

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KBR To Acquire LinQuest, Bolstering National Security Engineering And Technology Capabilities

Image: LinQuest

KBR [KBR] on Tuesday said it has agreed to acquire LinQuest Corp. in a $737 million cash deal that will add digital integration capabilities and expand its work in the space, air dominance, and connected battlespace areas. The pending deal is subject to regulatory approvals and is expected to close in the third or fourth quarter of 2024. LinQuest, which is based in Northern Virginia, has more than 1,550 employees—about 75 percent hold security clearances—and is expected to generate between…

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