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| 05/15/13 | KBR Dividend Declaration| HOUSTON--(BUSINESS WIRE)--May. 15, 2013--
KBR Inc. (NYSE:KBR) announced today that its Board of Directors has
declared a quarterly cash dividend of eight cents ($0.08) per share on
the company’s common stock, payable July 15, 2013, to shareholders of
record at the close of business on June 14, 2013.
KBR is a global engineering, construction and services company
supporting the energy, hydrocarbon, power, industrial, civil
infrastructure, mi... |
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| 05/13/13 | KBR Wins Police Facilities Management Integrator Services Contract| HOUSTON--(BUSINESS WIRE)--May. 13, 2013--
KBR (NYSE:KBR) announced today that it has been awarded a contract by
the London Mayor’s Office for Policing and Crime to provide facilities
management integrator services to the Metropolitan Police Service.
The contract, awarded after a competitive process, includes procuring,
managing and auditing the facilities management supply chain on behalf
of the Metropolitan Police Service. KBR will also design a... |
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| 05/07/13 | KBR Awarded Turnaround Services Contract on Gulf Coast| HOUSTON--(BUSINESS WIRE)--May. 7, 2013--
KBR (NYSE: KBR) today announced it has been awarded a contract by a
leading chemical company on the Gulf Coast to provide turnaround
services for its pyrolysis gasoline (pygas) unit.
KBR will conduct services as the general contractor to perform
regulatory maintenance, mechanical fixed equipment, piping systems,
electrical and instrumentation services for the pygas unit, as well as
all aspects of ev... |
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| 05/06/13 | KBR Awarded Alliance Contract for Australian Road and Rail Project| HOUSTON--(BUSINESS WIRE)--May. 6, 2013--
KBR (NYSE: KBR) today announced that it has been selected by VicRoads,
in an alliance agreement with John Holland, Metro Trains Melbourne and
Public Transport Victoria, to provide engineering design services for
the US$145 million Mitcham Road and Rooks Road Rail Separation Project
located in Victoria, Australia. KBR’s design services include
preliminary design, detailed engineering design and technical advice
... |
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| 04/30/13 | KBR to Provide Construction Services for Next Generation Global Nylon Production Facility| HOUSTON--(BUSINESS WIRE)--Apr. 30, 2013--
KBR (NYSE: KBR) today announced it was awarded a contract by INVISTA, a
global nylon producer, to provide construction services for their
next-generation manufacturing technology production facility located in
Orange, Texas.
Under the contract, KBR will provide pre-construction and
multi-discipline construction services for mechanical, equipment
settings, structural steel, electrical and instrument... |
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| 04/29/13 | KBR Building Group Awarded Design-Build Contract for New Aircraft Manufacturing Facility in Red Oak, Texas| HOUSTON--(BUSINESS WIRE)--Apr. 29, 2013--
KBR (NYSE: KBR) announced today that KBR Building Group has been awarded
a contract by Triumph Aerostructures — Vought Aircraft Division, a
subsidiary of Triumph Group,Inc., to design and construct a new
manufacturing facility in Red Oak, Texas.
The 730,000-square-foot assembly and composites fabrication facility
will manufacture integrated aerostructures for commercial, military and
business jet a... |
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| 04/25/13 | KBR Announces First Quarter 2013 Results| Earnings per diluted share of $0.59
Operating income up 19% year-over-year
Operating income margin up 156 basis points year-over-year
Cash and equivalents of $904 million at March 31, 2013
2013 earnings per diluted share guidance remains $2.45 to $2.90
HOUSTON--(BUSINESS WIRE)--Apr. 25, 2013--
KBR (NYSE:KBR) announced today that first quarter 2013 net income
attrib... |
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| 04/17/13 | KBR to Provide Integrated Technology, Engineering, Procurement and Construction Services for World-Scale Grassroots Ammonia Plant| HOUSTON--(BUSINESS WIRE)--Apr. 17, 2013--
KBR (NYSE: KBR) today announced it has been awarded a contract by
Incitec Pivot Limited’s US business, Dyno Nobel, to provide engineering,
procurement and construction (EPC) services, as well as technology
licensing and equipment for an ammonia plant to be built in Waggaman,
La. The contract award is valued at approximately $600 million. This
award also builds upon KBR’s portfolio of solid construction execution,... |
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| 04/11/13 | KBR to Conduct Turnaround Services for Suncor Energy’s Refinery in Edmonton, AB, Canada| HOUSTON--(BUSINESS WIRE)--Apr. 11, 2013--
KBR (NYSE: KBR) today announced it has been awarded a three-year
agreement to provide turnaround services for Suncor Energy’s refinery in
Edmonton, AB, Canada. KBR will assist with turnaround planning review,
maintenance, pipe fabrication and long-term execution plans for the
Suncor Edmonton refinery.
“We are pleased to have been selected by Suncor and look forward to
building on our long-standing ... |
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| 04/08/13 | KBR and Yokogawa Electric Corporation Announce Ammonia Technology Alliance| HOUSTON--(BUSINESS WIRE)--Apr. 8, 2013--
KBR (NYSE: KBR) and Yokogawa Electric Corporation today announced the
formation of a new alliance in which KBR will supply a fertilizer
automation package as part of its ammonia process technology solutions
to customers worldwide. This solution complements KBR’s industry-leading
ammonia portfolio of process licenses, basic engineering design package,
proprietary equipment and catalyst supply.
The fe... |
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| 04/04/13 | KBR Awarded Subsea 7 Topsides Contract for Chevron Lianzi Offshore Project| HOUSTON--(BUSINESS WIRE)--Apr. 4, 2013--
KBR (NYSE: KBR) today announced that it was selected by Subsea 7 to
perform the topsides design for the Chevron Lianzi development project
in a unitized offshore zone between the Republic of Congo and the
Republic of Angola.
KBR will provide laser scanning of the entire Benguela Belize Lobito
Tomboco topsides, FEED verification, detailed engineering and
procurement services. The topsides design will... |
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| 04/03/13 | KBR Receives Gold Corporate Partner Status Award from the Institution of Chemical Engineers| HOUSTON--(BUSINESS WIRE)--Apr. 3, 2013--
KBR (NYSE: KBR) announced today that it has been named as Institution of
Chemical Engineers (IChemE’s) newest Gold Corporate Partner. This award
recognizes KBR’s long standing commitment and leadership to the chemical
engineering industry.
IChemE is the global professional membership organization representing
the Chemical Engineering industry and the only organization to award
chartered status to su... |
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| 04/02/13 | KBR Wins Fabrication Award for First Canadian Oil Sands Carbon Capture and Storage Project in Alberta, Canada| HOUSTON--(BUSINESS WIRE)--Apr. 2, 2013--
KBR (NYSE: KBR) announced today that Shell Canada Energy has selected
KBR to perform off-site modularization and pipe fabrication at their
Edmonton Module Facility. This historic project will use Shell Quest
Carbon Capture and Storage (CCS) technologies to reduce CO2
emissions at Shell’s Upgrader which upgrades oil originating from
Shell’s Athabasca Oil Sands operations. This technology will reduce
greenhou... |
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| 04/01/13 | KBR 2013 First Quarter Earnings Conference Call| HOUSTON--(BUSINESS WIRE)--Apr. 1, 2013--
KBR Inc. (NYSE:KBR) announced today it will host a conference call to
discuss its 2013 first quarter financial results on Friday, April 26,
2013, at 8:00 AM Central Time (9:00 AM Eastern Time).
The company plans to issue its earnings release for the first quarter of
2013 after the close of the New York Stock Exchange on Thursday, April
25, 2013, in advance of the call. The call is being webcast by Thomson
... |
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| 03/11/13 | KBR Selected to Execute Recovery Boiler Inspection and Repair for Project in Jesup, Ga.| HOUSTON--(BUSINESS WIRE)--Mar. 11, 2013--
KBR (NYSE:KBR) announced today that it was awarded a contract to inspect
and repair a large recovery boiler in Jesup, Ga.
KBR will perform project management and field construction services
during the inspection and repair of the recovery boiler. The work will
increase efficiency and production at the facility. Services are
scheduled for completion early Summer 2013 during the plant outage.
... |
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| 03/07/13 | KBR Awarded Project Management Contract for Front End Engineering Design Phase of Grassroots Plant in Azerbaijan| HOUSTON--(BUSINESS WIRE)--Mar. 7, 2013--
KBR (NYSE: KBR) today announced it was awarded a contract by the State
Oil Company of the Azerbaijan Republic (SOCAR) to provide PMC services
for the FEED Phase of the Gas Processing Plant (GPP) within the new
Oil-Gas Processing and Petrochemical Complex (OGPC) in Azerbaijan.
This award marks the first direct engagement between SOCAR and KBR on a
large world-scale capital project. KBR will build upon i... |
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| 03/06/13 | KBR Announces Appointment of Group President| HOUSTON--(BUSINESS WIRE)--Mar. 6, 2013--
KBR (NYSE: KBR) today announced that Andrew “Andy” Summers will join the
company as Group President of KBR’s Infrastructure, Government and Power
business group in early April and will report to William P. Utt,
Chairman, President and Chief Executive Officer.
Summers’ appointment reflects the importance of KBR’s strategic course
to deliver best-of-class customer service and execution performance that
... |
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| 03/05/13 | KBR to Provide Licensing, Basic Engineering Package and Proprietary Equipment for New Ammonia Plant in Sulawesi, Indonesia| HOUSTON--(BUSINESS WIRE)--Mar. 5, 2013--
KBR (NYSE: KBR) today announced it was selected by PT Panca Amara Utama
(PAU) to provide licensing, engineering services and proprietary
equipment for a new grassroots ammonia plant in Sulawesi, Indonesia.
PAU’s plan for a world scale grassroots plant with Ammonia capacity of
2000 Metric tonnes per day, will be built by Toyo Engineering
Corporation and will be designed using KBR’s Reforming Exchanger S... |
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| 03/04/13 | KBR Awarded Task Order Under U.S. Army Logistics Civil Augmentation Program (LOGCAP) IV Contract in the Kingdom of Bahrain| HOUSTON--(BUSINESS WIRE)--Mar. 4, 2013--
KBR (NYSE: KBR) today announced it has been awarded a task order by the
U.S. Army Rock Island Contracting Command under its current Logistics
Civil Augmentation Program (LOGCAP) IV contract.
KBR will execute the LOGCAP IV Bahrain combat service support
requirements for U.S. forces in Sheik Isa Airbase and Riffa Army support
and Raydome. The period of performance is one base year, plus four
optio... |
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| 02/28/13 | United States District Court for the District of Maryland Dismisses Litigation against KBR| HOUSTON--(BUSINESS WIRE)--Feb. 28, 2013--
KBR (NYSE: KBR) announced today that the United States District Court
for the District of Maryland dismissed the burn pit claims filed against
the company. In his decision Judge Roger W. Titus accepted all of KBR’s
defense claims including the Political Question Doctrine; the Combat
Activities Exception in the Federal Tort Claims Act; and Derivative
Sovereign Immunity, as well as finding that dismissing the c... |
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| 02/20/13 | KBR Announces Fourth Quarter and Full Year 2012 Results|
Full year 2012 earnings per diluted share of $2.16 on an adjusted,
non-GAAP basis
Full year 2012 earnings per diluted share of $0.97 on a GAAP basis
includes a third quarter 2012 non-cash goodwill impairment charge at
the Minerals Business Unit, related to the Roberts & Schaefer
acquisition in the amount of $1.19 per diluted share
Backlog book-to-bill of 1.1 for fourth quarter 2012
... |
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| 02/14/13 | KBR Wins License and Design Package for Bolivia Fertilizer Project| HOUSTON--(BUSINESS WIRE)--Feb. 14, 2013--
KBR (NYSE: KBR) today announced it was awarded a contract by Samsung
Engineering Company, Ltd. to provide a technology license, basic
engineering design package, and supply of proprietary equipment for a
1,200 MTPD ammonia fertilizer plant in Carrasco, Bolivia.
The fertilizer ammonia complex will be designed using KBR’s Purifier
Technology. KBR will additionally supply proprietary operator training
... |
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| 02/07/13 | KBR to Provide Purifier Technology Package for World-Scale Ammonia and Urea Plant in South Sumatra, Indonesia| HOUSTON--(BUSINESS WIRE)--Feb. 7, 2013--
KBR (NYSE: KBR) today announced it was selected by PT Pupuk Sriwidjaja
Palembang, to provide licensing, engineering services and proprietary
equipment for a new 2000 MTPD ammonia and 2750 MTPD urea plant located
in Palembang, South Sumatra, Indonesia.
The plant will be designed using KBR’s Purifier technology, which has
demonstrated higher reliability than conventional designs and offers the
low... |
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| 01/24/13 | KBR Selected to Provide Construction Management Services for Abu Dhabi Airport Expansion| HOUSTON--(BUSINESS WIRE)--Jan. 24, 2013--
KBR (NYSE: KBR) announced today that it has entered into a contract with
the Abu Dhabi Airports Company (ADAC) to provide construction management
services for part of its expansion program at Abu Dhabi International
Airport. Abu Dhabi International Airport is one of the fastest growing
hubs in the world, with a growth rate of 19.7% over the past five years.
KBR will be responsible for managing various... |
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| 01/22/13 | KBR Selected to Perform Turnaround Management and Turnaround Mechanical Execution Services for BP Plant in Decatur, Ala.| HOUSTON--(BUSINESS WIRE)--Jan. 22, 2013--
KBR (NYSE: KBR) announced today that it has been selected to provide the
BP Decatur site with specialty turnaround management and turnaround
mechanical execution services for one of the six on-site production
units at the Western Hemisphere aromatics petrochemical site in Decatur,
Ala. This plant utilizes paraxylene to manufacture plastic bottles,
polyester material and new generation polyesters and resins.
... |
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| 01/17/13 | KBR Awarded Veba Combi Cracker License and Engineering Services Contract in Cambodia| HOUSTON--(BUSINESS WIRE)--Jan. 17, 2013--
KBR (NYSE: KBR) today announced it was awarded a contract by Cambodian
Petrochemical Co. Ltd (CPC) to provide licensing and engineering
services for the Veba Combi Cracker (VCC) Unit to be implemented in the
Kampong Som Petrochemical Industrial Zone of Cambodia. Tianjin
Petrochemical Engineering Design Co. LTD. (TPED), the EPC Contractor for
the Unit, executed the agreements on behalf of CPC.
U... |
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| 01/15/13 | KBR to Provide License and Basic Engineering Design Package for Ammonia Plant Revamp Project in Hungary| HOUSTON--(BUSINESS WIRE)--Jan. 15, 2013--
KBR (NYSE: KBR) today announced that it has been awarded a contract to
provide a License and Basic Engineering Design Package as part of the
Ammonia Plant Revamp for capacity increase at reduced energy consumption
by Nitrogenmuvek in the city of Petfurdo, Hungary.
KBR will increase ammonia capacity for a 1970s vintage-designed plant
from originally 1000 tonnes per day (mtpd) to 1650 mtpd. As a leading... |
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| 01/14/13 | KBR 2012 Fourth Quarter Earnings Conference Call| HOUSTON--(BUSINESS WIRE)--Jan. 14, 2013--
KBR Inc. (NYSE:KBR) announced today it will host a conference call to
discuss its 2012 fourth quarter financial results on Thursday, February
21, 2013, at 8:00 AM Central Time (9:00 AM Eastern Time).
The company plans to issue its earnings release for the fourth quarter
of 2012 after the close of the New York Stock Exchange on Wednesday,
February 20, 2013, in advance of the call. The call is being web... |
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| 01/10/13 | KBR Provides Update to Fiscal Year 2012 Guidance; Announces Fiscal Year 2013 Guidance| HOUSTON--(BUSINESS WIRE)--Jan. 10, 2013--
KBR Inc. (NYSE:KBR) announced today that the company now expects fiscal
year 2012 earnings per diluted share between $1.95 to $2.10 excluding
the third quarter 2012 goodwill impairment charge. This is below the
company’s previously communicated guidance range of between $2.60 and
$2.80 excluding the third quarter 2012 goodwill impairment charge. The
company indicated the reduction in the guidance range for 20... |
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