Putting problem projects, corruption settlements and a bumpy association with Halliburton behind, KBR Inc. is trying to carve a new role as a global engineering and construction player, with a focus on energy and industrial megaprojects, said William P. Utt, chairman, president and CEO, in a wide-ranging interview with ENR editors. But he noted that the Houston-based firm is still committed to military and government support work even as it faces continuing questions related to work in Iraq. Photo: Tom Sawyer/ENR Utt: “ We are really a different KBR.” It has been two years since KBR was spun off from
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.