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Share Name | Share Symbol | Market | Type |
---|---|---|---|
KBR Inc | NYSE:KBR | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.04 | -0.06% | 64.40 | 64.85 | 63.90 | 64.65 | 957,923 | 22:22:39 |
KBR (NYSE:KBR) today announced that it has been selected by South Australia’s Department for Transport, Energy and Infrastructure (DTEI) to execute concept planning and design, environmental impact assessment, and stakeholder consultation for a project involving South Road, a major arterial road in Adelaide, South Australia. The planning study contract is the largest ever commissioned by DTEI for a transport project in South Australia.
The project is a key part of DTEI’s strategy to deliver a free-flowing north-south transport corridor by eliminating traffic lights on a 5.5 mile (9km) stretch of South Road from the Gallipoli Underpass at Anzac Highway, to the planned South Road Superway at Regency Park, and is aligned with the state’s 30 Year Plan for Greater Adelaide. This project follows the successful delivery of similar major transport project planning studies by KBR for DTEI in South Australia over the past five years.
“KBR is pleased to continue our work executing key transport infrastructure projects in South Australia for DTEI,” said Colin Elliott, President, KBR Infrastructure and Minerals. “The fifth planning study to be performed by KBR for the department, this win also positions us among the leading providers of transport study services in the country.”
KBR is a global engineering, construction and services company supporting the energy, hydrocarbon, government services, minerals, civil infrastructure, power and industrial markets. For more information, visit www.kbr.com.
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