KBR’s HomeSafe Alliance Military Moving Contract Terminated by TRANSCOM

KBR Inc. (NYSE:KBR) is one of the most undervalued US stocks according to analysts. On June 20, 2025, KBR announced from Houston that its Joint Venture, HomeSafe Alliance, received notification on June 18 from the US Transportation Command (TRANSCOM) regarding the termination of HomeSafe’s involvement in the Global Household Goods Contract.

The contract was specifically designed to enhance the moving system for military service members and their families. Despite this development, KBR stated that it does not foresee a material impact on its adjusted EBITDA outlook for the year 2025.

KBR's HomeSafe Alliance Military Moving Contract Terminated by TRANSCOM

An engineer wearing protective gear overlooking a research and development laboratory.

This is because the program was not initially expected to contribute to the company’s profits during this initial year of move activity. KBR affirmed its commitment to continue collaborating with HomeSafe to ensure all obligations to TRANSCOM, military service members, and their families are met.

KBR Inc. (NYSE:KBR) provides scientific, technology, and engineering solutions to governments and commercial customers worldwide.

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Disclosure: None. This article is originally published at Insider Monkey.