KBR announces $400mn cash deal for acquisition of Babcock subsidiary Frazer-Nash ...United Arab Emirates

KBR, the US-based engineering, procurement and construction company, has announced that it has entered into a definitive agreement with Babcock International Group to acquire Frazer-Nash Consultancy, a provider of systems engineering, assurance and technology advisory services, in a $400 million cash deal. In a statement, KBR said that Frazer-Nash delivers high-end systems engineering, systems assurance and technology to solve the world’s most complex challenges. Its team provides a broad range of professional advisory services across the defence, energy and critical infrastructure sectors primarily in the U.K. and Australia. With expertise in areas such as systems engineering, data science,

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