KBR UK Appointed 'Physical Integrator' for MoD's Aircraft Carrier P

    Business Editors/Energy Editors

    LONDON--(BUSINESS WIRE)--Feb. 7, 2005--KBR in the UK has been appointed by the Ministry of Defence to be the preferred Physical Integrator for the Future Aircraft Carrier Programme (CVF), under which two new aircraft carriers are required to be delivered to the MoD with target in-service dates of 2012 and 2015. KBR will join the existing CVF Alliance between the MoD, BAE Systems and Thales UK, and will work with all potential UK shipyard manufacturing facilities and Alliance participants to formulate and deliver a cost-effective strategy for the manufacturing element of the ship build program. KBR is a subsidiary of Halliburton (NYSE:HAL).
    "KBR is proud to have been selected for this important project," said Andy Lane, chief operating officer, Halliburton. "This award underscores KBR's long-term commitment to the UK defense industry and acknowledges our position as a leading UK defense contractor."
    Tony Pryor, vice president for KBR's Maritime business, said, "This award combines KBR's unique experience in the offshore oil and gas industry, naval ship building and commissioning, and alliance contracting. We have committed to this project a world class team from KBR which has successfully delivered many UK-based offshore oil and gas construction projects on schedule, as well as refitting and commissioning warships to time and budget. We look forward to working with all members of the Alliance to deliver a successful outcome for this important program."
    The new aircraft carriers will be the most powerful and complex warships ever built in the UK. As preferred Physical Integrator, KBR will be responsible for developing and proposing the optimum build strategy for approval by the Alliance participants, creating and maintaining the program Master Schedule and providing support to the MoD on drawing up and negotiating the Alliance contracts.
    KBR has a wide range of experience in managing large complex projects and has pioneered the alliance approach to offshore project contracting. In the last 10-years, KBR has played a leading role in the building of seven vessels for the offshore oil and gas industry of similar size and complexity to the aircraft carriers. Through its majority-owned subsidiary, DML, which owns and operates Devonport Royal Dockyard, KBR has also played a major role in supporting the Royal Navy's newest amphibious warships.
    KBR is a global engineering, construction, technology and services company. Whether designing an LNG facility, serving as a defense industry contractor or providing capital construction, KBR delivers world-class service and performance. KBR employs 60,000 people in 43 countries around the world.
    Halliburton, founded in 1919, is one of the world's largest providers of products and services to the petroleum and energy industries. The company serves its customers with a broad range of products and services through its Energy Services and Engineering and Construction Groups. The company's World Wide Web site can be accessed at www.halliburton.com.

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CONTACT: KBR Ken Beedle, 01372-866622 ken.beedle@halliburton.com

KEYWORD: TEXAS UNITED KINGDOM INTERNATIONAL EUROPE INDUSTRY KEYWORD: OIL/GAS ENERGY AEROSPACE/DEFENSE GOVERNMENT MANUFACTURING SOURCE: KBR

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