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News Breaks
January 24, 2013
16:20 EDTKBRKBR to provide construction management services for Abu Dhabi airport expansion
KBR announced 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 contractors' costs, schedules, quality, contract administration and risks. The scope of the utilities work includes over 60 miles of gravity storm and sanitary sewer, potable water, chill water and fire water piping and over 25 miles of power and telecommunication duct banks, a Central Utility Plant, a highway interchange, airside and landside roads, cooling stations and standby power generation for a new Midfield Terminal and other airport commercial users.
News For KBR From The Last 14 Days
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August 4, 2015
07:16 EDTKBRKBR raises FY15 EPS ex-items view to $1.22-$1.37 from $1.07-$1.22
During Q2, the company completed the sale of its Building Group subsidiary and recognized a pre-tax gain of $28M, or 15c per diluted share. Accordingly, the guidance range for 2015 fully diluted EPS after excluding the legacy U.S. Government related legal costs is increased to $1.22-$1.37. The company's previous 2015 fully diluted EPS guidance was a range of $1.07-$1.22, after excluding $18M-$25M pre-tax of legal costs associated with legacy U.S. Government contracts. Consensus $1.18. Backlog at June 30 was $15.3B, which includes the $5.4B addition for the GS contracts in the U.K. and $456M from Non-strategic businesses.
07:13 EDTKBRKBR reports Q2 EPS ex-items 46c, consensus 28c
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July 24, 2015
08:22 EDTKBRKBR awarded major construction contract at Fort Hills Oil Sands pPoject
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