Related Links: Ex-KBR Exec Pleads Guilty to Bribery Charge Ex-KBR CEO pleads guilty Halliburton Terminates Relations with Former Exec A. Jack Stanley Closing another chapter in a long federal probe, a former chairman and CEO of the then-Kellogg Brown & Root Inc. has been sentenced to a prison term for his part in what a Justice Dept official termed “a massive bribery scheme” involving $6 billion in contracts for a natural-gas project in Nigeria.The Justice Dept. said that Albert Jackson “Jack” Stanley was sentenced on Feb. 23 to 30 months in prison. U.S. District Judge Keith P. Ellison also told
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.