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KBR plans to spin off its Mission Technology Solutions (MTS) business, which has struggled with contract losses, in mid-to-late 2026, while its Sustainable Technology Solutions (STS) division is projected to grow at an 11-15% CAGR from 2023-2027. The spin-off is valued at approximately $7.25 billion, or $57 per share, amid a broader context of KBR's valuation being 30% lower than its peers. Financial targets for 2027 have been revised downward due to these challenges.