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May 8, 2008

KBR offers $550M for Alabama construction firm

HOUSTON (AP) — KBR's proposed $550 million acquisition of an Alabama engineering and construction company is further evidence of its drive to expand its presence in industrial construction, the top executive of the military and engineering contractor said Tuesday.

KBR, well known for its role as the Pentagon's biggest private contractor in Iraq, announced Tuesday it will buy privately held BE&K of Birmingham, Ala., as part of a strategy to expand its engineering and construction operations.


 
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