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GSBR Research

We are an independent equity research provider focused on covering global markets. The aim of the research is to provide an unbiased view of the fundamentals of the company.

Founder, CEO, GSBR Research

Garvit Bhandari

Founder, CEO

Event-Driven

<ul>
<li>KBR will separate Mission Technology Solutions (government services, defense, space) from Sustainable Technology Solutions (process technologies, clean energy, and infrastructure), sharpening strategic focus and valuation clarity.</li>
<li>STS is asset-light with strong FCF and IP-driven growth, while MTS is capital-intensive with long-term government contracts; independence allows each to tailor capital allocation and pursue targeted M&amp;A.</li>
<li>Post-Spin, STS could be benchmarked against clean tech/process peers and MTS against defense contractors, giving investors cleaner comparables and potential sum-of-the-parts upside.</li>
</ul>


KBR will separate Mission Technology Solutions (government services, defense, space) from Sustainable Technology Solutions (process technologies, clean energy, and infrastructure), sharpening strategic focus and valuation clarity.
STS is asset-light with strong FCF and IP-driven growth, while MTS is capital-intensive with long-term government contracts; independence allows each to tailor capital allocation and pursue targeted M&amp;A.
Post-Spin, STS could be benchmarked against clean tech/process peers and MTS against defense contractors, giving investors cleaner comparables and potential sum-of-the-parts upside.


KBR to Spin Off Mission Technology Solutions: Creating Two Focused Platforms