KBR Awarded Another Major Australian Rail Infrastructure Project
09 June 2017
KBR, Inc. (NYSE: KBR) announced today (15/05/2017)
it has been awarded a program alliance contract by the
Victorian Government for railroad crossing removal projects in
Victoria, Australia.
Under the terms of the contract, KBR will remove two railroad crossings
in an integrated alliance with
John Holland, Metro Trains and the Level Crossing Removal Authority.
These projects will commence in the coming months and be completed in
2018 with KBR providing engineering and design services for the crossing
removals and associated works.
Subject to these projects being delivered in line with strict
performance measures, the alliance has the potential to extend the
contract to remove a further four railroad crossings.
The works are being undertaken by the Victorian Government as part of
its program to remove 50 of the most dangerous and congested railroad
crossings across the city of
Melbourne. Last year, KBR and its alliance partners successfully
delivered the first four railroad crossing removals as part of this
government initiative.
"This latest contract builds on KBR's decade long involvement in
railroad crossing removals in Victoria and adds to our current portfolio
of major rail infrastructure projects in Australia," said Greg Conlon,
President Asia Pacific.
"This includes early works for the multi-billion dollar
Metro Tunnel and extension to the Mernda metropolitan line, both in
Victoria, the
Torrens Rail Junction Project in
South Australia and the
Sydney Metro project in
New South Wales.
"We are pleased to be part of these transformational infrastructure
projects that are creating jobs, stimulating local economies and
delivering safer roads and railways for Australian communities,"
continued Conlon.
For more than 50 years, KBR has contributed to many of Australia's
landmark transportation developments, including some of the nation's
most complex urban and regional rail projects.
The contract value was not disclosed. Expected revenue from the contract
will be included in KBR's second quarter 2017 backlog of unfilled orders
for its Engineering & Construction business.
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Source: KBR - www.kbr.com
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