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KBR

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Parent: Royal Dutch Shell Hop 3
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KBR
NameKBR
TypePublic
Traded asNYSE: KBR
IndustryEngineering, procurement, and construction
Founded1901
FounderMorris W. Kellogg
HeadquartersHouston, Texas, United States

KBR is a leading provider of professional services and technologies, particularly in the fields of engineering, procurement, and construction. The company has a long history of working with prominent clients, including ExxonMobil, Royal Dutch Shell, and BP. KBR has also collaborated with renowned companies like Bechtel Group, Fluor Corporation, and Jacobs Engineering Group on various projects. Additionally, KBR has worked on significant projects, such as the Trans-Alaska Pipeline System and the Channel Tunnel, alongside companies like Brown & Root, Halliburton, and TechnipFMC.

History of

KBR KBR's history dates back to 1901, when it was founded by Morris W. Kellogg as the M.W. Kellogg Company. Over the years, the company has undergone significant transformations, including its acquisition by Brown & Root in 1967 and its subsequent merger with Halliburton in 1998. During this period, KBR worked on notable projects, such as the Apollo program and the Vietnam War-era construction of Pleiku Air Base and Cam Ranh Bay. The company has also been involved in various high-profile projects, including the Big Dig in Boston, Massachusetts, and the London Olympics in London, United Kingdom. KBR has collaborated with prominent companies, including AECOM, CH2M Hill, and URS Corporation, on these projects. Furthermore, KBR has worked with esteemed organizations, such as the United States Army Corps of Engineers, NASA, and the European Space Agency.

Services and Operations

KBR offers a wide range of services, including engineering, procurement, and construction management, as well as operations and maintenance and logistics support. The company operates in various sectors, including oil and gas, chemicals, power, and government services. KBR has worked with prominent clients, such as Saudi Aramco, Chevron, and ConocoPhillips, on significant projects, including the Tengiz Field in Kazakhstan and the Gorgon LNG Project in Australia. The company has also collaborated with renowned companies, including WorleyParsons, Amec Foster Wheeler, and Petrofac, on various projects. Additionally, KBR has provided services to esteemed organizations, such as the United States Department of Defense, United States Department of Energy, and the National Aeronautics and Space Administration.

Corporate Affairs

KBR is headquartered in Houston, Texas, and is led by its president and CEO, Stuart Bradie. The company is listed on the New York Stock Exchange (NYSE) under the ticker symbol KBR. KBR has a global presence, with operations in over 40 countries, including United Arab Emirates, United Kingdom, and Australia. The company has also established partnerships with prominent organizations, such as the University of Houston, Rice University, and the Georgia Institute of Technology. KBR has received various awards and recognition, including the Engineering News-Record's "Best of the Best" award and the National Safety Council's "Industry Leader" award. Furthermore, KBR has been recognized by esteemed organizations, such as the American Society of Civil Engineers, American Institute of Chemical Engineers, and the Society of Petroleum Engineers.

Controversies and Criticisms

KBR has faced several controversies and criticisms throughout its history, including allegations of price gouging and waste management issues during its work in Iraq and Afghanistan. The company has also faced criticism for its role in the Guantánamo Bay detention center and its handling of asbestos-related claims. KBR has been involved in various high-profile lawsuits, including a class-action lawsuit related to its work on the Big Dig project. The company has also faced scrutiny from prominent organizations, such as the United States Congress, United States Senate, and the United States House of Representatives. Additionally, KBR has been criticized by esteemed individuals, including Dick Cheney, Donald Rumsfeld, and Barack Obama.

Financial Information

KBR's financial performance has been significant, with revenues exceeding $5 billion in recent years. The company has a strong backlog of projects, including a $2.5 billion contract with ExxonMobil for the Hebron oil field in Canada. KBR has also received significant contracts from the United States Department of Defense, including a $441 million contract for logistics support in Afghanistan. The company has a market capitalization of over $3 billion and is considered one of the largest engineering and construction companies in the world. KBR has also been recognized by prominent financial organizations, such as Bloomberg, Forbes, and Fortune (magazine). Furthermore, KBR has been listed on the S&P 500 index and has received a credit rating from esteemed organizations, such as Moody's Investors Service and Standard & Poor's. Category:Companies listed on the New York Stock Exchange

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