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Digital News Report – KBR stocks were up 2.32 percent today to $19.44. There was an announcement from the company indicating that they were awarded a $46 million contract by the U.S. government.
KBR is an engineering and construction company that also provides services, primarily to energy, petrochemical and government agencies. Here is today’s press release prepared by Business Wire:
HOUSTON – KBR (NYSE: KBR) today announced that its Building Group, has been awarded a $46.96 million contract by the U.S. General Services Administration to provide construction management services for a new United States Federal Building and Courthouse in Tuscaloosa, Alabama. The building, designed to achieve LEED® Silver certification, replaces an outdated existing facility.
“This award reflects the confidence which clients continue to place in the Building Group, and gives us great optimism for their continued growth,” said David Zimmerman, President of KBR Services. “Downtown Tuscaloosa is in the midst of a major urban revitalization project, and we look forward to the successful construction of what is to become the focal point of the area’s revitalization.”
KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power and industrial markets. For more information, visit www.kbr.com.
By: Tina Brown
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