In Plain English
KBR, Inc. is splitting off Mission Technology Solutions into its own separate, publicly-traded company. Shareholders typically receive shares in the new entity automatically. This was recently announced.
Mission Technology Solutions will become a separate public company
Deal Progress
RUMORED
ANNOUNCED
PENDING
ACTIVE
COMPLETED
Parent Company
KBR, Inc.
KBR
Defense
SpinCo / Target
Mission Technology Solutions
Announced
Sep 24, 2025
Sep 24, 25
Expected
Mid to Late 2026
Market Cap
Not disclosed
Deal Value
Not disclosed
Summary
KBR to spin off its Mission Technology Solutions government services segment.
Deal Flow Timeline
Key milestones from announcement to expected completion
Deal Announced
2025-09-24
COMPLETEDForm 10 Filed
UPCOMINGIRS Tax Ruling
UPCOMINGShareholder Approval
UPCOMINGRecord Date
Mid to Late 2026
UPCOMINGDistribution / Completion
Mid to Late 2026
UPCOMINGDeal Announced
COMPLETEDInitial public announcement of the transaction.
2025-09-24
Form 10 Filed
UPCOMINGRegistration statement filed with the SEC for the new entity.
IRS Tax Ruling
UPCOMINGPrivate letter ruling confirming tax-free treatment.
Shareholder Approval
UPCOMINGBoard and/or shareholder vote to approve the separation.
Record Date
UPCOMINGRecord date for distribution of new shares.
Est: Mid to Late 2026
Distribution / Completion
UPCOMINGShares of the new entity distributed to shareholders.
Est: Mid to Late 2026