Public | |
Traded as | : KBR S&P 400 Component |
Industry |
Engineering Construction Downstream (petroleum industry) Private military contractor Gas Monetization Hydrocarbons Government Services Service |
Founded | 1901 M.W. Kellogg 1940's Brown & Root 1962 Halliburton 2006 KBR, Inc. |
Headquarters |
KBR Tower Houston, Texas, U.S. |
Key people
|
Stuart Bradie, CEO (June 2014) Brian Ferraioli, CFO |
Revenue |
$ 7.2 billion (FY 2013) |
$ 308 million (FY 2013) | |
$ 75 million (FY 2013) | |
Total assets | $ 5.4 billion (FY 2013) |
Total equity | $ 2.44 billion (FY 2013) |
Number of employees
|
27,000 (December 2013) |
Website | KBR.com/ |
$ 7.2 billion (FY 2013)
KBR, Inc. (formerly Kellogg Brown & Root) is an American engineering, procurement, and construction company, formerly a subsidiary of Halliburton. The company also has large offices in Arlington, Virginia, Birmingham, Alabama, and Newark, Delaware, in the United States and Leatherhead in the UK. After Halliburton acquired Dresser Industries in 1998, Dresser's engineering subsidiary, The M. W. Kellogg Co., was merged with Halliburton's construction subsidiary, Brown & Root, to form Kellogg Brown & Root. KBR and its predecessors have received many contracts with the U.S. military including during World War II, the Vietnam War, and the Iraq War.
The company's corporate offices are in the KBR Tower in Downtown Houston.
In 1901 Morris Woodruff Kellogg founded The M. W. Kellogg Company in New York City. The company was incorporated in 1905 and its headquarters was moved to Jersey City, New Jersey. Initially Kellogg's main business was power plant construction and fabrication of power plant components, but the development of hammer forge welding techniques helped ready the company to move into refining as the petroleum industry developed. Kellogg was announced the number one construction company for years 1993 to 1995. This is mainly due to their work in the Dulles Greenway.
Kellogg's entry into process engineering initially focused on the Fleming cracking process, but in the 1920s Kellogg partnered with The Texas Company (Texaco) and Standard Oil of Indiana to purchase the Cross thermal cracking process. Kellogg set up one of the first petroleum laboratories in the country in 1926 to commercialize and then license the technology. This led to Kellogg building some 130 units in the United States and abroad.