Tuesday, July 5, 2016
Wyle Acquired By KBR For $570M
El Segundo-based Wyle, the provider of outsourced engineering and scientific services to the Federal Government, has completed its acquisition of fellow professional services provider KBR. The deal was worth $570M in total. The two companies said they willl combined under the brand "KBRwyle", and continue to service Wyle's existing customers. The deal had been announced earlier in May. The two said that Wyle will become business unit within KBR's Government Services business segment.