KBR (KBR) announced it has completed the acquisition of Frazer-Nash Consultancy Limited, a leading provider of systems engineering, assurance and technology advisory services, from Babcock International Group PLC.
This acquisition is a continuation of KBR's strategic journey to advance upmarket to deliver innovative, digitally-enabled solutions to governments and customers around the world. Frazer-Nash delivers systems engineering, systems assurance and technology to solve the world's most complex challenges, with its talented teams providing a broad range of professional advisory services across the defense, energy and critical infrastructure sectors primarily in the U.K. and Australia. With expertise in areas such as systems engineering, data science, cyber, and clean energy, Frazer-Nash is highly complementary with KBR's global priorities with minimal overlap because of its geographic footprint.
"We are excited to welcome Frazer-Nash into the One KBR family, aligning our joint focus on helping customers solve their most complex problems," said Stuart Bradie, KBR President and CEO.
"Frazer-Nash adapted ahead of the curve to evolve with changing market dynamics, while delivering consistent profitable growth. With market tailwinds in our favor, we are well positioned to continue our journey together."
