Kbr, Inc. · NYSE:KBR

Kbr — Goldman Sachs 2013 Industrials Conference

16 slides from Kbr's conference presentation, Nov 13, 2013

1. Slide 1: Goldman Sachs 2013 Industrials Conference

   Goldman Sachs 2013 Industrials Conference Bill Utt – Chairman, President and CEO November 13, 2013 Brian Ferraioli – Executive Vice President and CFO

2. Slide 2: Forward Looking Statements

   Forward Looking Statements This presentation contains “forward-looking statements.” All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements include statements about the benefits of the split-off, the discussions of K

3. Slide 3: KBR – A Leading Global E&C Provider

   KBR – A Leading Global E&C Provider  Revenue: Full Year 2012 - $7.9 Billion  Backlog: September 30, 2013 - $14.2 Billion  Headquarters in Houston, Texas  ~27,000 employees; 70+ countries  KBR is a global engineering, construction, and services company supporting the energy, hydrocarbons, power,

4. Slide 4: KBR's Global Footprint

   KBR’s Global Footprint Gothenburg Moscow Edmonton Greenford Ontario Leatherhead Atyrau Frankfurt Calgary Salt Lake City Charlotte Raleigh Baku Birmingham Wilmington Algiers Baghdad Arlington Atlanta Kuwait City Houston Mobile Dammam Beijing Monterrey Doha Dhahran Dubai MMM Abu Dhabi New Delhi Lagos

5. Slide 5: KBR's Four Business Segments

   KBR’s Four Business Segments Infrastructure, Gas Monetization Hydrocarbons Services Government & Power Gas Monetization Oil & Gas N.A. Government & Logistics Construction  LNG  Offshore  U.S. Federal Government  Refining  FLNG  Onshore  Department of Defense  Chemicals  GTL  Pipelines Inte

6. Slide 6: Gas Monetization

   Gas Monetization Current Gas Mon Projects Progressing Opportunity for GTL in the U.S. Well  Active discussions with a customer and believe a  Gorgon LNG Trains 1-3 project could reach FEED in late 2013 or early 2014  Skikda LNG  Escravos GTL FLNG Opportunities  Ichthys LNG  Preparing a FEED bi

7. Slide 7: Hydrocarbons

   Hydrocarbons U.S. Shale Gas Opportunities Growth in Technology  Awarded ~$600 million Dyno Nobel ammonia EPC and  Continue to see strong bookings across portfolio of technology project in Louisiana technologies, including ammonia, VCC, and ethylene  Awarded EPC contract for an ammonia plant in ex

8. Slide 8: Services

   Services Canada Operations Industrial Services  Strong across variety of markets:  Steady and consistent performance  Turnarounds / maintenance  Awarded large multi-site DuPont award expanding  Module fabrication from 17 to 26 sites in United States  Construction projects in Alberta Oil Sands

9. Slide 9: Infrastructure, Government & Power

   Infrastructure, Government & Power North American Government & Logistics Power, Infrastructure and Minerals  Awarded $134 million contract for land-based missile Markets defense facilities in Romania  Air quality & combined cycle power opportunities still  Awarded $127 million contract for Djibou

10. Slide 10: Well Positioned for North America

    Well Positioned for North America LNG and GTL Opportunities Ammonia & Petrochemical Awards &  British Columbia, Canada Opportunities  Kitimat FEED and EPC  Awarded EPC for an ammonia plant in excess of $250  Petronas LNG FEED and EPC bid million to be constructed in North America  In discussion

11. Slide 11: KBR Financials and Backlog

    KBR Financials and Backlog 11

12. Slide 12: 3Q13 Earnings Review - KBR

    3Q13 Earnings Review - KBR  Revenue at $1.8 billion, down 9% ,year-over-year  Job income of $322 million, up 4%, year-over-year  Operating income of $166 million compared to a loss of $11 million, year-over-year  Corporate G&A of $66 million, includes $14 million of ERP-related costs  Earnings

13. Slide 13: Performance Index / Backlog

    Backlog 220 210 200 190 180 Performance Index 170 160 150 140 130 120 110 100 90 80 2006 2007 2008 2009 2010 2011 2012 9/30/2013 Revenue Backlog Job Income Backlog Continued focus on job income backlog:  Down 10% from December 31, 2012  Up 88% since December 31, 2006 13

14. Slide 14: Strong Corporate G&A Cost Control

    Strong Corporate G&A Cost Control $250 $240 $230 $220 Corporate G&A $ in Millions $210 $200 $190 $180 $170 $160 $150 2007 2008 2009 2010 2011 2012 2013 Guidance* *Note: For illustrative purposes, 2013 Guidance reflects upper-end of corporate G&A guidance of $230 million to $240 million, which includ

15. Slide 15: Investment Thesis

    Investment Thesis  Fundamentally strong, global growth company with diverse portfolio of businesses  Well positioned for growing opportunities in North America  Multiple platforms for acceleration of new orders across global end markets; strategically placing bets on a number of large opportuniti

16. Slide 16: Proud History

    Proud History

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