KBR KBR Inc

KBR (NYSE:KBR) announced today that a division of its Services Business unit, BE&K Building Group (BE&K), has been awarded a $64 million contract by EFACEC Power Transformers, Inc. an affiliate of Portuguese based EFACEC Group (EFACEC) for the construction of a power transformer manufacturing facility at Effingham Industrial Development Authority�s Industrial Park in Rincon, Georgia. Under the contract, BE&K will design and construct the new manufacturing facility that will be used by EFACEC to build power transformers, including core form, shell form and mobile power substations for the U.S. market. Work on the project began in July 2008 and is expected to conclude in August 2009. �This contract allows KBR the opportunity to showcase its construction expertise to one of the newest members of the Georgia business community,� said David Zimmerman, President of KBR Services. �We look forward to working with EFACEC on this groundbreaking project and to building a continuing relationship with the company.� EFACEC, the largest Portuguese company in the field of electro-mechanics and electronics, has operations in more than 65 countries world wide. EFACEC has a strong presence in the Energy, Engineering, Environment, Services, Transportation and Logistics markets, and invests significantly in R&D. BE&K Building Group, a division of KBR Inc., offers a variety of construction services and project delivery methods to commercial, healthcare, industrial and institutional clients. KBR is a global engineering, construction and services company supporting the energy, petrochemicals, government services and civil infrastructure sectors. The company offers a wide range of services through its Downstream, Government and Infrastructure, Services, Technology, Upstream and Ventures business segments. For more information, visit www.kbr.com.