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UPDATE: KBR says $550 million deal for BE&K will bolster growth
Birmingham News via AL.COM ^ | May 07, 2008 | Russell Hubbard

Posted on 05/07/2008 11:26:25 AM PDT by redtetrahedron

KBR Corp. said today it would buy BE&K, the 48th largest general construction contractor in the country with 9,000 worldwide employees, for $550 million. KBR, the nation's fourth largest general contractor, was spun off last year as its own publicly traded company from Houston-based Halliburton Corp., the largest contractor for military services in Iraq.

(Excerpt) Read more at blog.al.com ...


TOPICS: Business/Economy; US: Alabama; US: Texas
KEYWORDS: alabama; bek; civiliancontractors; halliburton; iraq; kbr; takeover; texas
My company is being bought out...
1 posted on 05/07/2008 11:26:26 AM PDT by redtetrahedron
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To: redtetrahedron

maybe they’ll pay their subs in a timely manner now...


2 posted on 05/07/2008 11:41:44 AM PDT by stefanbatory
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To: redtetrahedron

Go Boris !


3 posted on 05/07/2008 12:15:32 PM PDT by stompk
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To: redtetrahedron

Do they have projects in Iraq?


4 posted on 05/07/2008 12:38:09 PM PDT by Ernest_at_the_Beach (No Burkas for my Grandaughters!)
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To: Ernest_at_the_Beach

KBR does. Most of their work is international. BE&K does mainly U.S. work.


5 posted on 05/07/2008 12:43:09 PM PDT by redtetrahedron ("Before I formed thee in the bowels of thy mother, I knew thee" - Jer 1:5 | RIP Fred'08)
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To: redtetrahedron

I know the Suitt people in Orlando who got absorbed by BE&K a few years ago.


6 posted on 05/07/2008 1:16:42 PM PDT by spacejunkie01
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