- KBR, Inc. (NYSE:KBR) led joint venture, HomeSafe Alliance LLC, has secured the global household goods contract from the U.S. Transportation Command.
- The contract ceiling value is $20 billion with a potential nine-year term, inclusive of all options periods.
- HomeSafe will be the exclusive household goods move management service provider for the U.S. Armed Forces, Department of Defense civilians, and their families.
- HomeSafe, a joint venture between KBR and Tier One Relocation, will modernize and infuse technology to improve the domestic and international relocation experience for all military personnel and their families.
- Price Action: KBR shares are trading higher by 2.65% at $43.05 on the last check Friday.
Morgan Stanley Downgrades Stride to Equal-Weight, Announces $46 Price Target
Morgan Stanley analyst Greg Parrish downgrades Stride (NYSE:LRN) from Overweight to Equal-Weight and announces $46 price target.
