KBR Inc

Halliburton Company’s KBR, Inc. subsidiary is still facing Petrobras’ arbitration, which was commenced in March 2006, related to the Barracuda-Caratinga project.

The Company provided indemnification in favor of KBR under the master separation agreement for all out-of-pocket cash costs and expenses…

The Department of Justice, in September 2008, informed Halliburton Company and KBR Inc. that A. Jack Stanley admitted to bid-rigging, claimed that others knew about it, and stated that the DOJ feels it has a viable wire fraud case based…