A global engineering, construction and services company supporting the energy, petrochemicals, government services and civil infrastructure sectors.
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There are 2 divisions in KBR - Energy/Construction, and Gov't/Infrastructure.
E/C is lining up projects that sequential, but be careful if you see a project behind schedule. One bad project can kill the earnings of 10 successful ones.
G/I will see some downturn due to tighter Congressional overwatch; the troops will not be leaving Iraq soon en masse; watch KBR's competitors (aka Bechtel) to see if they continue to pull out of Iraq. KBR will be the last to pull out, but the key will be how fast KBR becomes the last big contractor.