BusinessAugust 24, 2026
recompete
REE-kum-peet
Definition
To compete again, specifically referring to a recurring process where a contract or project must be bid on again after a previous term expires.
Etymology
Formed by adding the prefix 're-' (meaning again or anew) to the verb 'compete,' which stems from the Latin 'competere,' meaning to strive together or to seek together.
In the news
The article mentions a NATO 'recompete' contract, meaning KBR had to bid again to renew its existing agreement with the organization.
Kazakhstan’s first sustainable jet-fuel plant will use KBR technology
Read the full article ↗Stock Titan