06:51 AM EDT, 07/16/2024 (MT Newswires) -- KBR (KBR) said Tuesday that it has agreed to acquire LinQuest, an engineering, data analytics and digital integration company, for $737 million in an all-cash transaction.

The deal is expected to be accretive to adjusted earnings per share and has been unanimously approved by the KBR board of directors.

The company said it plans to use a combination of cash and existing debt capacity to fund the deal, which is slated to be completed by Q4.