KBR Inc. - statistics & facts

Formerly Kellog Brown & Root, KBR Inc. is among one of the largest engineering, procurement, and construction companies in the United States today. The KBR Tower, its headquarters, is located in Houston, Texas. KBR had stakes in several industries from the beginning: In 1962, Halliburton Energy Services acquired Brown & Root, a company found in 1919, and became primarily involved in building infrastructure for the Navy during the Vietnam War. In 1989, Halliburton acquired C.F. Braun Inc. and merged it with Brown & Root, forming Halliburton KBR. In 2007, Halliburton announced its separation from KBR, which had become the company’s primary contracting, engineering, and construction unit. Since then, the company has separated into three major businesses, including government services as well as technology and consulting. Today, KBR Inc. still receives most of its revenue from its government services segment.

KBR Inc. has a diverse customer base

KBR Inc. primarily provides services and products to the hydrocarbon and government services industries, operating in some 40 countries around the world. Their technology and consulting segment provides proprietary technology specializing in areas such as refining, ammonia, fertilizers, largely through their subsidiaries. One of their subsidiaries, Granherne, is an oil and gas consultancy that is involved in the life cycle of hydrocarbon assets. In 2018, KBR Inc. acquired Stinger Ghaffarian Technologies to expand its aerospace sector operations. KBR supports NASA and other leading commercial space organizations through scientific research and training simulations, as well as extreme environmental testing for equipment used in space.

This company seems to be redirecting its businesses to the United States

In spite of a downward trend experienced since 2009, KBI’s revenue has been constantly growing since it reached its lowest level in 2017. To put it in another way, KBI’s global turnover was just under 4.2 billion U.S. dollars in 2017, three years later, this figure was almost six billion euros. Nevertheless, this increased revenue still represents half of its 2009 level. Additionally, KBI has also significantly decreased its global assets following the reduced turnover. For instance, in its home country, the United States, the value of KBR Inc.'s properties, plants and equipment was drastically decreased from 115 million U.S. dollars in 2014 to 57 million six years later. All the same, this company seems to have neglected a global expansion in favor of an increased focus on the North American market. In other words, the revenue generated by this company still had a diversified source back in 2011, with figures close to one billion U.S. dollars stemming from different world regions. In 2019, the generation of revenue was mostly concentrated in the United States, with approximately three billion U.S. dollars generated during that year.

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KBR Inc. - statistics & facts

Formerly Kellog Brown & Root, KBR Inc. is among one of the largest engineering, procurement, and construction companies in the United States today. The KBR Tower, its headquarters, is located in Houston, Texas. KBR had stakes in several industries from the beginning: In 1962, Halliburton Energy Services acquired Brown & Root, a company found in 1919, and became primarily involved in building infrastructure for the Navy during the Vietnam War. In 1989, Halliburton acquired C.F. Braun Inc. and merged it with Brown & Root, forming Halliburton KBR. In 2007, Halliburton announced its separation from KBR, which had become the company’s primary contracting, engineering, and construction unit. Since then, the company has separated into three major businesses, including government services as well as technology and consulting. Today, KBR Inc. still receives most of its revenue from its government services segment.

KBR Inc. has a diverse customer base

KBR Inc. primarily provides services and products to the hydrocarbon and government services industries, operating in some 40 countries around the world. Their technology and consulting segment provides proprietary technology specializing in areas such as refining, ammonia, fertilizers, largely through their subsidiaries. One of their subsidiaries, Granherne, is an oil and gas consultancy that is involved in the life cycle of hydrocarbon assets. In 2018, KBR Inc. acquired Stinger Ghaffarian Technologies to expand its aerospace sector operations. KBR supports NASA and other leading commercial space organizations through scientific research and training simulations, as well as extreme environmental testing for equipment used in space.

This company seems to be redirecting its businesses to the United States

In spite of a downward trend experienced since 2009, KBI’s revenue has been constantly growing since it reached its lowest level in 2017. To put it in another way, KBI’s global turnover was just under 4.2 billion U.S. dollars in 2017, three years later, this figure was almost six billion euros. Nevertheless, this increased revenue still represents half of its 2009 level. Additionally, KBI has also significantly decreased its global assets following the reduced turnover. For instance, in its home country, the United States, the value of KBR Inc.'s properties, plants and equipment was drastically decreased from 115 million U.S. dollars in 2014 to 57 million six years later. All the same, this company seems to have neglected a global expansion in favor of an increased focus on the North American market. In other words, the revenue generated by this company still had a diversified source back in 2011, with figures close to one billion U.S. dollars stemming from different world regions. In 2019, the generation of revenue was mostly concentrated in the United States, with approximately three billion U.S. dollars generated during that year.

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