2011 Press Releases

KBR to Provide Ammonia License and Engineering Services for KIMA El-Delta Fertilizer and Chemical, in Aswan, Egypt

Dec 28, 2011

KBR (NYSE: KBR) announced today that it was awarded a contract by Tecnimont S.p.A. for the License and Basic Engineering Design (BED) of a new ammonia plant to be built by Chemical Industries Holding Co. (Kima) in Aswan, Egypt.

KBR to Provide Ammonia Technology and Services to Revamp North Fertilizer Plant in Iraq

Dec 22, 2011

KBR (NYSE: KBR) announced today that it has been awarded a contract by First Global Company to revamp the North Fertilizer Plant in Baiji, Iraq.

GVA to Design First 3000E Accommodation Unit for Jurong Shipyard

Dec 21, 2011

KBR (NYSE: KBR) today announced that its subsidiary GVA has been awarded a contract for the design of a GVA 3000E Accommodation Unit by Jurong Shipyard.

KBR Announces 2012 Earnings Guidance

Dec 20, 2011

KBR (NYSE: KBR) announced today that the company’s guidance for estimated earnings per diluted share is in the range of $2.45 to $2.80 for the fiscal year 2012.

KBR Announces the Election of Director

Dec 15, 2011

KBR (NYSE: KBR) announced today the election of Jack B. Moore as member of the KBR Board of Directors, effective January 1, 2012.

KBR to Develop and Deliver Virtual Training Program for Royal Australian Navy’s Landing Helicopter Dock Ship

Nov 22, 2011

KBR (NYSE: KBR) today announced it has been contracted by BAE Systems to develop and deliver a virtual training program to train crew for the Royal Australian Navy’s Landing Helicopter Dock (LHD) ship, which is under construction. The real-time, 3-D virtual training courseware will enable Royal Australian Navy personnel to get a head-start on training to operate and maintain this new capability.

KBR Announces the Appointment of Mark Read as President, KBR Minerals

Nov 21, 2011

KBR (NYSE: KBR) today announced announced the appointment of Mark Read as President of KBR’s Minerals business unit. Read will be the business line leader for the new Minerals business unit, which will be headquartered in Melbourne, Australia.

KBR Awarded Contract Extension for Shell’s Research Centers in Houston, Texas

Nov 17, 2011

KBR (NYSE: KBR) today announced it was awarded a two-year contract extension for maintenance and construction services at three of Shell’s Houston, Texas research centers: Westhollow Research Center, Bellaire Research Center and Gasmer Research Center.

KBR Awarded United States Army Europe (USAREUR) Support Contract (USC II)

Nov 17, 2011

KBR (NYSE: KBR) today announced it was awarded a hybrid Firm-Fixed-Priced (FFP)/Cost-Plus-Fixed-Fee (CPFF) Single Award Task Order Contract (SATOC) for the United States Army Europe (USAREUR) Support Contract (USC II). The contract is for a one-year base and four one-year option periods for a total of five years. The maximum capacity of the contract is estimated at $245 million over the five-year lifespan of the contract.

KBR’s OnTrack Leadership Academy Honored with CURT Workforce Development Award

Nov 9, 2011

KBR (NYSE: KBR) today announced it has been awarded the Construction Users Roundtable (CURT) Workforce Development Award for the company’s OnTrack Leadership Academy—a four-tier progression program that identifies high-potential NCCER Certified Plus Journeymen and provides a clear path of advancement through training, mentoring support and pay increases.

KBR Appointed by the Water Corporation of Western Australia to Deliver Water Projects in North West region

Nov 8, 2011

The Water Corporation in Western Australia has appointed KBR (NYSE: KBR) the preferred supplier of design and engineering services for water projects in the state’s north-west during the next three years.

KBR to Perform Repair Services for Compass Minerals’ Goderich, Ontario, Canada Facility

Nov 8, 2011

KBR (NYSE: KBR) today announced it was awarded a contract to provide repair services for Compass Minerals’ salt mine in Goderich, Ontario, Canada. The rock salt mine, which is the largest in the world, halted operations as a result of significant storm damage in August 2011.

KBR to Provide Electrical Power Generation in Support of U.S. Military Operations in Afghanistan

Nov 7, 2011

KBR (NYSE: KBR) today announced it was awarded a contract by the U.S. Army Corps of Engineers Philadelphia District to serve as a contingency electrical power generation contractor in Afghanistan.

KBR Announces Earnings Per Diluted Share of $1.22 for Third Quarter 2011

Oct 26, 2011

KBR (NYSE: KBR) announced today that third quarter 2011 net income attributable to KBR was $185 million, or $1.22 per diluted share, compared to net income attributable to KBR of $97 million, or $0.62 per diluted share, in the third quarter of 2010.

KBR Announces First License for the Advanced Catalytic Olefins (ACO™) Process

Oct 17, 2011

KBR (NYSE: KBR) announced it was awarded a License and Process Design Package contract for a new olefins production unit using the Advanced Catalytic Olefins (ACO™) technology.

KBR to Provide Program and Project Management Services for Unitywater in Queensland, Australia

Oct 12, 2011

KBR (NYSE: KBR) today announced it was awarded a three-year contract to provide program and project management services for Unitywater—a retail and distribution authority providing water to the fast-growing populations near Brisbane, Queensland, Australia.

KBR Dividend Declaration

Oct 6, 2011

KBR (NYSE: KBR) announced today that its Board of Directors has declared a quarterly cash dividend of five cents ($0.05) per share on the company’s common stock, payable January 17, 2012, to shareholders of record at the close of business on December 15, 2011.

KBR Selected As Principal Consultant for Townsville Port Inner Harbour Expansion in Queensland, Australia

Oct 5, 2011

KBR (NYSE: KBR) today announced it was selected as the principal consultant by the Seymour Whyte Smithbridge Joint Venture to deliver the Townsville Port Inner Harbour Expansion (TPIX) project for Port of Townsville Limited.

KBR Awarded EPCM Master Services Agreement by DuPont Engineering

Sep 27, 2011

KBR (NYSE: KBR) today announced today announced it has signed a three-year Master Services Agreement (MSA) with DuPont Engineering to provide engineering, procurement and construction management (EPCM) services, positioning KBR to further support DuPont projects globally.

KBR Appointed Contract Administrators for Major Intersection Upgrade by Queensland Department of Transport and Main Roads

Sep 1, 2011

KBR (NYSE: KBR) today announced it has been awarded a contract by the Queensland Department of Transport and Main Roads (TMR) to provide contract administration, design and construction verification services for the upgrade of one of Queensland’s busiest intersections, at Mains and Kessels roads in Brisbane, Australia.

KBR to Provide Licensing and Engineering Services for Jaiprakash Associates Ltd, in Kanpur, India

Aug 29, 2011

KBR (NYSE: KBR) today announced it was awarded a contract by Jaiprakash Associates Ltd (JAL)—a Jaypee Group company—to provide license and engineering design services for JAL’s brownfield 2,200 metric tons per day ammonia plant in Kanpur, India.

KBR wins UK Government Work in Iraq and Afghanistan

Aug 29, 2011

KBR (NYSE: KBR) today announced that it has been selected by the UK’s Foreign and Commonwealth Office (FCO) to provide life support, vehicle maintenance and healthcare services across Baghdad, Basra and Erbil in Iraq, and Kabul and Lashkar Gah in Afghanistan.

KBR Announces Share Repurchase Program

Aug 26, 2011

KBR (NYSE: KBR) announced today that its Board of Directors has authorized the repurchase up to 10 million of its outstanding common shares.

KBR Awarded Major Engineering Design Contract by Hyundai Heavy Industries Co., Limited for the BP Quad 204 Project

Aug 25, 2011

KBR (NYSE: KBR) today announced that it has received a letter of award from Hyundai Heavy Industries Co. Limited to perform engineering design and procurement support services for the BP Quad 204 Floating Production Storage and Offload (FPSO) Project to be located west of Shetland Isles in UK waters.

KBR Executes Engineering Study for BP Hod Re-Development Project

Aug 24, 2011

KBR (NYSE: KBR) today announced that it was awarded a contract by BP NORGE AS (BP) to execute pre-front-end engineering and design (pre-FEED) engineering studies for the Hod Re-Development (HRD) Project, operating on behalf of BP and HESS NORGE AS.

KBR to Provide Construction Services for Zeon Chemicals Nitrile Rubber Plant Expansion Project

Aug 23, 2011

KBR (NYSE: KBR) today announced it was awarded a contract by Zeon Chemicals (Zeon) to provide construction management and construction services for its Nitrile Rubber Plant Expansion project in Pasadena, Texas.

KBR Awarded Pre-FEED Contract by Anadarko for Liquefaction Plant in Mozambique, Africa

Aug 22, 2011

KBR (NYSE: KBR) today announced it was awarded a contract by Anadarko Mozambique Area 1, Ltd., to perform a pre-front-end-engineering and design (pre-FEED) study for a prospective Liquefied Natural Gas (LNG) plant in Mozambique, Africa.

KBR Subsidiary Awarded Phase Two Expansion at DuPont’s Wilmington, Del. Campus

Aug 18, 2011

KBR (NYSE: KBR) today announced that its Building Group has been awarded the second phase of a multi-phase expansion at DuPont’s Chestnut Run Plaza, the company’s suburban campus in Wilmington, Del.

KBR to Provide Phenol License and Engineering Services for LG Chem Ltd., in Daesan, South Korea

Aug 17, 2011

KBR (NYSE: KBR) today announced it was awarded a contract by LG Chem Ltd. (LG) to license KBR’s leading phenol technology for LG’s 240 thousand metric tons per year (KTA) phenol plant in Daesan, South Korea.

KBR to Execute Equipment Installation at One of the Nation’s Largest Power Generating Stations

Aug 15, 2011

KBR (NYSE: KBR) today announced that it has been awarded a contract by Southern Company for the installation of flue gas desulfurization (FGD) and selective catalytic reduction (SCR) equipment, related ductwork, and auxiliaries at two 880,000 kilowatt coal-fired units at Georgia Power’s Plant Scherer.

KBR Awarded Major Task Order Under Logistics Civil Augmentation Program (LOGCAP) IV Contract in Iraq

Aug 2, 2011

KBR (NYSE: KBR) today announced it was awarded a task order by the U.S. Army Contracting Command under its current Logistics Civil Augmentation Program (LOGCAP) IV contract to execute the LOGCAP IV Post 2011 Base Life Support (BLS) requirements for the U.S. Department of State’s mission in Iraq.

KBR Technology to be Used in the Construction of Two Ammonia Synloop Units for China National Coal in Inner Mongolia, China

Aug 1, 2011

KBR (NYSE: KBR) today announced it was awarded a contract by China National Coal Group Corp. to provide ammonia technology, process design package and technical services for two 1660 metric tons per day ammonia synloop units at China Coal Erdos Energy and Chemical Co. Ltd in Tuke Industrial Park, Erdos, Inner Mongolia, China.

KBR Awarded Contract to Provide Phenol Technology for Lihuayi Weiyuan Chemical Co., Ltd. in Lijin County, China

Jul 28, 2011

KBR (NYSE: KBR) today announced it was awarded a contract by Lihuayi Weiyuan Chemical Co., Ltd. to license its phenol technology for Lihuayi’s grassroots, 220,000 tons per annum (kta) Phenol/Acetone plant in Lijin County, Shandong Province, China.

KBR Announces Earnings Per Diluted Share of $0.65 for Second Quarter 2011

Jul 27, 2011

KBR (NYSE: KBR) announced today that second quarter 2011 net income attributable to KBR was $100 million, or $0.65 per diluted share, compared to net income attributable to KBR of $106 million, or $0.66 per diluted share, in the second quarter of 2010.

KBR to Provide Purifier Technology for Pupuk Kalimantan Timur’s Kaltim-5 Plant in Bontang, Indonesia

Jul 26, 2011

KBR (NYSE: KBR) today announced it was awarded a contract by Toyo Engineering Corporation to provide licensing and engineering services for PT Pupuk Kalimantan Timur (Pupuk Kaltim)—the largest urea and ammonia manufacturing company in Indonesia.

KBR Awarded EPC Contract for Molycorp Chlor-Alkali Project

Jul 25, 2011

KBR (NYSE: KBR) today announced that it has been awarded an engineering, procurement and construction (EPC) contract by a wholly owned subsidiary of Molycorp (NYSE: MCP) to build a new Chlor-Alkali plant as part of Molycorp’s Project Phoenix.

KBR Dividend Declaration

Jul 14, 2011

KBR (NYSE: KBR) announced today that its Board of Directors has declared a quarterly cash dividend of five cents ($0.05) per share on the company’s common stock, payable October 17, 2011, to shareholders of record at the close of business on September 15, 2011.

KBR’s Building Group to Construct The Heritage at Georgia Avenue in Silver Spring, Maryland

Jul 12, 2011

KBR (NYSE: KBR) today announced that its Building Group has been awarded a contract by a joint venture sponsored by Priderock Capital Partners LLC to construct The Heritage at Georgia Avenue, an apartment complex, in Silver Spring, Maryland.

KBR Subsidiary Roberts & Schaefer Selected by Seminole Electric Cooperative, Inc. for First U.S. Installation of Dry Bottom Ash Systems

Jul 7, 2011

KBR (NYSE: KBR) today announced that its subsidiary Roberts & Schaefer (R&S) has been selected by Seminole Electric Cooperative, Inc. to provide engineering, procurement and construction (EPC) services for the Bottom Ash and Economizer Ash Handling System Replacement project in Palatka, Fla.

KBR Awarded Maintenance and Small Capital Construction Services Contract by BP

Jun 30, 2011

KBR (NYSE: KBR) today announced it has been awarded a three-year contract by BP Amoco Chemical Company (BP) to execute maintenance and small capital construction projects at BP’s Decatur, Ala., and Cooper River, S.C., plants.

KBR Awarded U.S. Central Command’s, Multiple Award Task Order Contract

Jun 30, 2011

KBR (NYSE: KBR) today announced that it has been awarded by the U.S. Army Corps of Engineers Middle East District, the U.S. Central Command’s (CENTCOM), Multiple Award Task Order Contract (MATOC).

KBR Announces the Election of Director

Jun 29, 2011

KBR (NYSE: KBR) announced today the election of Linda Z. Cook as a member of the KBR Board.

Shaanxi Yanchang Petroleum (Group) Co., Ltd. and KBR Announce intent to create a Joint-Venture Company

Jun 23, 2011

Shaanxi Yanchang Petroleum (Group) Co., Ltd (Yanchang Petroleum Group) and KBR, Inc. today announced they have signed an agreement to create a Joint-Venture company in the People’s Republic of China.

Shell Global Solutions and KBR Announce Hydroprocessing Technology Alliance Agreement

Jun 21, 2011

KBR (NYSE:KBR) and Shell Global Solutions International B.V. (NYSE: RDS.A) today announced the formation of a new alliance in which KBR will market, sell and provide technology and design packages with Shell Global Solutions on hydroprocessing solutions worldwide.

KBR’s Building Group Selected for Design/Construction of Warehouse, Office and Distribution Center for SYSCO Boston, LLC

Jun 7, 2011

KBR (NYSE:KBR) today announced that its Building Group has been selected by SYSCO Corporation (SYSCO), for the design and construction of a new warehouse, office and distribution center for SYSCO Boston LLC in Plympton, Mass.

KBR Awarded Engineering Design Services Contract for Australian Coal Seam Gas Pipelines

Jun 1, 2011

KBR (NYSE:KBR) today announced that it has been selected to execute engineering design services for three coal seam gas (CSG) pipelines designed to carry CSG from gasfields in central Queensland, Australia to an export facility on Curtis Island.

KBR Awarded Project Management and Procurement Contract in Adelaide, South Australia by SA Water

Jun 1, 2011

KBR (NYSE:KBR) today announced it has been awarded a five-year project management and procurement (PMP) contract by SA Water to jointly manage the delivery of the metropolitan capital works program for Adelaide, South Australia.

KBR to Present at The Credit Suisse 2011 Engineering and Construction Services Conference

May 25, 2011

KBR (NYSE:KBR) announced today that it will present at the Credit Suisse 2011 Engineering and Construction Services Conference on Thursday, June 2, 2011, at 8:20 AM Eastern Time (7:20 AM Central Time).

KBR Dividend Declaration

May 18, 2011

KBR (NYSE:KBR) announced today that its Board of Directors has declared a quarterly cash dividend of five cents ($0.05) per share on the company’s common stock, payable July 15, 2011, to shareholders of record at the close of business on June 15, 2011.

KBR to Execute Construction for Motiva Port Arthur Refinery Expansion Project

May 18, 2011

KBR (NYSE:KBR) today announced that its subsidiary Roberts & Schaefer (R&S) has been selected to construct a petroleum coker (pet coke) material handling system for Motiva Enterprises LLC’s (Motiva) Port Arthur Refinery Expansion Project in Port Arthur, Texas.

KBR Awarded Recovery Boiler Installation Contract by ANDRITZ Inc.

May 16, 2011

KBR (NYSE:KBR) today announced it has been awarded a contract for the partial demolition and the rebuild of two process recovery boilers by ANDRITZ Inc. (ANDRITZ). The work is to be performed at Packaging Corporation of America’s (PCA) linerboard mill in Counce, Tenn.

KBR Announces the Appointment of John Derbyshire as President, KBR Technology

May 4, 2011

KBR (NYSE:KBR)today announced the appointment of John Derbyshire as President of KBR’s Technology business unit. Based in Houston, Texas, Derbyshire will be responsible for continuing the high growth of KBR’s global technology licensing business which is active in refining, petrochemical, chemical, coal monetization and synthesis gas segments.

KBR to Provide Design Services for part of South West Rail Link in Sydney, Australia

May 3, 2011

KBR (NYSE:KBR) today announced that it has been selected to provide engineering design and construction phase support services for the Glenfield to Leppington rail line for John Holland as part of the New South Wales Transport Construction Authority’s South West Rail Link project in Sydney, Australia.

KBR Awarded Detailed Engineering for South Arne Phase 3 Project by Dragados Offshore S.A.

May 2, 2011

KBR (NYSE:KBR) announced today that it has been named as subcontractor by Dragados Offshore, S.A. (Dragados) for the detailed engineering work on the South Arne Phase 3 Project, an expansion of the existing South Arne field located offshore in the Danish sector of the North Sea.

KBR Announces Earnings per Diluted Share of $0.69 for First Quarter 2011

Apr 27, 2011

KBR (NYSE:KBR) announced today that first quarter 2011 net income attributable to KBR was $105 million, or $0.69 per diluted share, compared to net income attributable to KBR of $46 million, or $0.29 per diluted share, in the first quarter of 2010.

KBR Awarded Construction Contract for Chevron’s Base Oil Project in Pascagoula, MS

Apr 27, 2011

KBR (NYSE:KBR) today announced it has been awarded a $65 million contract by Chevron Products Company to execute a Base Oil expansion project at Chevron’s refinery in Pascagoula, MS.

KBR Building Group to Construct Health Science and College of Business Administration Building on Valdosta State University Campus in Georgia

Apr 27, 2011

KBR (NYSE:KBR) announced that its Building Group has been selected to provide preconstruction services for Valdosta State University’s (VSU) new $32 million Health Science and College of Business Administration building on the university’s north campus in Valdosta, Georgia.

KBR Awarded Engineering Contract for Tarrant Regional Water District’s Pipeline System in North Texas

Apr 26, 2011

KBR (NYSE:KBR) today announced announced it has been awarded an engineering contract for Section 14-2 of the Tarrant Regional Water District’s proposed 350 million gallon per day (MGD) raw water transmission pipeline system serving Fort Worth and Dallas, Texas.

KBR Awarded Detailed Design Engineering Contract for Jack & St. Malo Floating Production Unit by Chevron U.S.A. Inc.

Apr 26, 2011

KBR (NYSE:KBR) today announced that it has been awarded a contract by Chevron U.S.A. Inc. to execute detailed design engineering for the Jack & St. Malo floating production unit (FPU) located in the Lower Tertiary trend in the deepwater Gulf of Mexico.

KBR to Provide Detailed Engineering Design for Dingley Arterial Road Project in Victoria, Australia

Apr 25, 2011

KBR (NYSE:KBR) today announced that it has been selected to provide detailed engineering design services for the execution of the Dingley Arterial Road Project, a six-lane dual carriageway to be constructed in Victoria, Australia.

KBR Named a Top Supplier for UK Ministry of Defence

Apr 25, 2011

KBR (NYSE:KBR) today announced that it has been notified by the UK Ministry of Defence (MoD) Supplier Relations Team that the recently issued MoD/KBR Performance Report for 2010 gives an overall score which exceeds that achieved by any other Company in the MoD’s latest published Consolidated Performance Report.

KBR Awarded EPC Contract by KiOR, Inc. for Biomass-to-Renewable Crude Project in the United States

Apr 20, 2011

KBR (NYSE: KBR) announced today that it has been awarded an engineering, procurement and construction (EPC) contract by KiOR, Inc. (KiOR) to build a first-of-its-kind biomass-to-renewable crude facility to be located in Columbus, Miss.

KBR Announces Executive Appointments

Apr 18, 2011

KBR (NYSE: KBR) today announced the executive appointments of Roy Oelking, Dennis Calton and John Rose within its leadership organization.

KBR Consortium Awarded $668 Million Engineering, Procurement, and Construction Contract for Waste-to-Energy Facility In Palm Beach County, Fla.

Apr 18, 2011

KBR (NYSE: KBR) announced today that a consortium consisting of its subsidiary, BE&K Construction Company LLC (BE&K) and a subsidiary of The Babcock & Wilcox Company (B&W) has been awarded a contract by the Palm Beach County Solid Waste Authority (SWA) to provide engineering, procurement and construction (EPC) services for the County’s new state-of-the-art waste-to-energy (WTE) facility.

KBR Awarded Engineering and Project Management Services Contract by Saudi Aramco Under General Engineering Services Plus (GES+) Initiative

Apr 13, 2011

KBR (NYSE: KBR) today announced that its newly-established Middle East-based Engineering Company has been awarded an engineering and project management services contract by the Saudi Arabian Oil Company (Saudi Aramco) as part of its General Engineering Services Plus (GES+) initiative.

KBR 2011 First Quarter Earnings Conference Call

Apr 7, 2011

KBR (NYSE: KBR) will host a conference call on Thursday, April 28, 2011, to discuss first quarter financial results. The call will begin at 8:00 AM Central Time (9:00 AM Eastern Time).

KBR Receives LogCAP III Award Fee

Mar 28, 2011

KBR (NYSE: KBR) announced today that it received a $15.5 million award fee related to its LogCAP III work in Iraq for the six month period of performance beginning March 2010 and ending in August 2010.

KBR to Provide Aniline Technology License to Inner Mongolia Connell Chemical Industry Co., LTD

Mar 14, 2011

KBR (NYSE: KBR) today announced that it has been awarded a contract by Inner Mongolia Connell Chemical Industry Co., Ltd. (Connell) to provide licensing, basic engineering and related training and field services for its grassroots aniline plant in TongLiao, Inner Mongolia Province, China.

KBR to Implement ROSE® Technology for Luberef Yanbu Refinery Revamp

Mar 7, 2011

KBR (NYSE: KBR) today announced that it has been awarded a contract by Saudi Aramco Lubricating Oil Refining Co. (Luberef) to implement KBR’s proprietary Solvent Deasphalting (SDA) Technology, ROSE®, for Luberef’s Yanbu Refinery Expansion Project in Saudi Arabia.

KBR Awarded FEED for Kitimat LNG Development

Mar 7, 2011

KBR (NYSE: KBR) announced today that it has been awarded a front-end engineering and design (FEED) contract by KM LNG Operating General Partnership for the Kitimat Liquefied Natural Gas (LNG) Development near Kitimat, British Columbia, Canada. KM LNG Operating General Partnership is a subsidiary of Apache Corporation and the operator of the Kitimat LNG Development. The Kitimat LNG Development is co-owned by KM LNG Operating General Partnership and a subsidiary of EOG Resources.

KBR Awarded Engineering Project Management Contract for Clipsal 500

Mar 3, 2011

KBR (NYSE: KBR) today announced that it has been awarded an engineering project management contract by the South Australian Motor Sport Board (SAMSB) for the annual Clipsal 500 event in Adelaide, South Australia. The three year contract includes the 2011 race. KBR has been consecutively appointed as Engineering Project Manager for the four-day racing event since 1999.

KBR Announces Earnings Per Diluted Share of $0.51 for Fourth Quarter 2010 and $2.07 for Full Year 2010

Feb 23, 2011

KBR (NYSE: KBR) announced today that fourth quarter 2010 net income attributable to KBR was $78 million, or $0.51 per diluted share, compared to net income attributable to KBR of $73 million, or $0.45 per diluted share, in the fourth quarter of 2009.

KBR Dividend Declaration

Feb 22, 2011

KBR (NYSE: KBR) announced today that its Board of Directors has declared a quarterly cash dividend of five cents ($0.05) per share on the company’s common stock, payable April 15, 2011, to shareholders of record at the close of business on March 15, 2011.

KBR Joint Venture Awarded FEED Contract for Browse LNG Project

Feb 21, 2011

KBR (NYSE: KBR) announced today that KLH Australia-Browse Joint Venture (KLH Australia), a joint venture between KBR, Leighton Contractors and John Holland, has been awarded a FEED contract by Woodside for the company’s Browse Liquefied Natural Gas (LNG) Development in Western Australia.

KBR Awarded Contract by Public Works Authority of Qatar for Doha Expressway

Feb 16, 2011

KBR (NYSE: KBR) today announced that it has been awarded a contract by the Public Works Authority of Qatar to provide program management services and engineering support to deliver a package of thirty (30) major roads that comprise the Doha Expressway Program.

KBR Subsidiary Finalizes Civil Settlement with UK Serious Fraud Office

Feb 16, 2011

KBR (NYSE: KBR) today announced that its wholly-owned subsidiary, M.W. Kellogg Limited (MWKL) reached civil settlement with the UK Serious Fraud Office (SFO). The agreement was granted by the High Court under the Proceeds of Crime Act 2002 and stems from KBR’s violations under the Foreign Corrupt Practices Act (FCPA) occurring between 1994 and 2004, prior to KBR becoming an independent public company in April 2007. The FCPA violations were previously settled with the U.S. Department of Justice (DOJ) and Securities Exchange Commission (SEC) in February 2009.

KBR to Execute Major Transport Planning Study for South Australia’s Department for Transport, Energy and Infrastructure (DTEI)

Feb 15, 2011

KBR (NYSE: KBR) today announced that it has been selected by South Australia’s Department for Transport, Energy and Infrastructure (DTEI) to execute concept planning and design, environmental impact assessment, and stakeholder consultation for a project involving South Road, a major arterial road in Adelaide, South Australia.

KBR Awarded Conceptual Study and Project Management Services by The Ministry of Mines, Industry and Energy of the Republic of Equatorial Guinea for the New Mbini Refinery

Feb 10, 2011

KBR (NYSE: KBR) today announced that it has been awarded a contract by The Ministry of Mines, Industry and Energy of the Republic of Equatorial Guinea to provide a Conceptual Study and associated Project Management Services for the development of a low complexity, modular 20,000 barrel per day (BPD) refinery at Mbini in the Republic of Equatorial Guinea, West Africa.

KBR Awarded FEED and Project Management Services Contract by Saudi Aramco for the Jazan Refinery and Marine Terminal Project

Feb 9, 2011

KBR (NYSE: KBR) today announced that it has been awarded a contract by the Saudi Arabian Oil Company (Saudi Aramco) to provide front-end engineering and design (FEED), and Project Management Services (PMS) for its grassroots Jazan refinery, an anticipated 400,000 barrels per day (BPD) facility to be located in Jazan, Saudi Arabia.

KBR to Present at the Barclays Capital Industrial Select Conference

Feb 2, 2011

KBR (NYSE: KBR) announced today that it will present at the Barclays Capital Industrial Select Conference on Wednesday, February 9, 2011, at 8:00 AM Eastern Time (7:00 AM Central Time).

KBR to Provide Project Management Services for Largest Wind Farm in Southern Hemisphere

Jan 31, 2011

KBR (NYSE: KBR) today announced that it has been selected by AGL Energy Limited (AGL) to provide project management services for the design and construction of the 140-turbine Macarthur Wind Farm, to be located in Victoria, Australia.

KBR 2010 Fourth Quarter Earnings Conference Call

Jan 27, 2011

KBR (NYSE: KBR) will host a conference call on Thursday, February 24, 2011, to discuss fourth quarter financial results. The call will begin at 8:00 AM Central Time (9:00 AM Eastern Time).

KBR to Execute Detailed Design of Chevron Big Foot Topsides

Jan 26, 2011

KBR (NYSE: KBR) today announced that it has been selected by Chevron USA Inc. to execute the detailed design for the Chevron Big Foot Topsides project. The Big Foot field is located in the Walker Ridge Block 29 of the Gulf of Mexico and is owned by Chevron USA Inc. (operator) and other working interest owners. The proposed facility will be installed in approximately 5,200 feet of water approximately 225 miles from New Orleans and 35 miles south of Chevron’s producing Tahiti field.

KBR Awarded Contract by Tianji Coal Chemical Industry Group Co., Ltd. for Grassroots Aniline Plant

Jan 25, 2011

KBR (NYSE: KBR) today announced that its Technology business unit has been awarded a contract by Tianji Coal Chemical Industry Group, Co., Ltd. (Tianji) to provide licensing and related engineering services for a grassroots aniline plant to be located in Lucheng, Shanxi, China.

KBR Awarded Job Order Contract by City of Houston for Houston Airport System

Jan 24, 2011

KBR (NYSE: KBR) today announced it has been awarded a five-year job order contract by the City of Houston to be a preferred provider of renovation and repair construction projects for the Houston Airport System in Houston, Texas.

KBR Announces 2011 Earnings Guidance

Jan 12, 2011

KBR (NYSE: KBR) announced today that the company's guidance for estimated earnings per diluted share is in the range of $2.05 to $2.30 for the fiscal year 2011.

KBR to Host a Conference Call to Discuss 2011 Earnings Guidance

Jan 11, 2011

KBR (NYSE: KBR) announced today that it will host a conference call on Thursday, January 13, 2011, at 8:00 AM Central Time (9:00 AM Eastern Time) to discuss its 2011 earnings guidance, as well as its recent Roberts & Schaefer Company and M.W. Kellogg Limited acquisitions.

KBR Subsidiary to Execute Pre-FEED Study for Bonaparte LNG Project

Jan 10, 2011

KBR (NYSE: KBR) announced today that its consulting subsidiary, Granherne, has been selected by GDF SUEZ Bonaparte Pty. Ltd. (GDF SUEZ) to execute the Upstream pre-Front End Engineering and Design (pre-FEED) study for the Bonaparte Liquefied Natural Gas (LNG) Project, a proposed floating liquefaction plant to be located in the Bonaparte Basin, Northern Territory, Australia. The project, being developed through a joint venture between GDF SUEZ and Santos Ltd., has a planned LNG capacity of two million tonnes per annum (mtpa).

KBR Joins South Morang Rail Extension Project Alliance

Jan 4, 2011

KBR (NYSE: KBR) today announced that its Australian–based Infrastructure and Minerals (I&M) business unit has joined the South Morang Rail Extension Project Alliance (Alliance) as a sub–Alliance partner for the South Morang Rail Extension Project (SMREP). KBR will provide design, environmental management, and risk management services, and will also serve on the Alliance's Management and Leadership teams.

KBR Completes Acquisition of Affiliate Interests in M.W. Kellogg Limited (MWKL) from JGC Corporation

Jan 3, 2011

KBR (NYSE: KBR) today announced that it has completed the acquisition of the 44.94 percent share interest in M.W. Kellogg Limited (MWKL) previously held by JGC Corporation (TSE:1963). With the completion of the transaction, MWKL, which was previously an affiliate of both companies since 1992, is again a wholly-owned KBR subsidiary. The Agreement to enter into the transaction was previously announced on December 20, 2010. The purchase price was £106.6 million (approximately US$165 million), subject to certain post-closing adjustments.