KBR Separates from Halliburton

KBR says it has completed its separation from Halliburton that was begun in 2005. KBR comprises two divisions—energy and chemicals (E&C) and government and infrastructure (G&I). KBR has annual sales of approximately $9.6 billion. As of year-end 2006, the company’s backlog for continuing operations was $13.5 billion, 42% of which was for E&C projects. Halliburton spun-out KBR in an initial public offering last...

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