SOURCE: Bechtel

Bechtel

April 11, 2012 13:36 ET

Bechtel Announces 2011 Results

Company Delivers Strong Year of Performance

SAN FRANCISCO, CA--(Marketwire - Apr 11, 2012) -

  • Total Revenue - $32.9 billion
  • New Awards - $53 billion
  • Backlog - $104 billion

Bechtel Corporation today announced its business results for 2011, highlighting another strong year in which the company delivered solid performance. Bechtel had revenue of $32.9 billion, up 18 percent from the previous year, and new contract awards totaled $53 billion, more than double 2010 performance. Bechtel ended the year with project backlog of $104 billion.

"The extraordinary accomplishments in 2011 reflect the hard work, commitment, and expertise of the 53,000 men and women who make Bechtel the company customers trust to help them achieve their goals -- time and again," said Bechtel President and Chief Operating Officer Bill Dudley.

Bechtel's unwavering commitment to safety, sustainability, and quality were evidenced in 2011 through our unparalleled safety record, socially responsible programs, and strong customer relationships. The company continued its long-standing practice of providing local workers with training that transforms lives by launching a program in Australia to hire 400 adult apprentices for its LNG projects on Curtis Island, while in Angola local workers have completed more than 200,000 hours of training.

View the 2012 Bechtel Report.

About Bechtel:

Bechtel is among the most respected engineering, project management, and construction companies in the world. We stand apart for our ability to get the job done right -- no matter how big, how complex or how remote. Bechtel operates through five global business units that specialize in civil infrastructure; power generation; communications and transmission; mining and metals; oil, gas and chemicals; and government services.

Since its founding in 1898, Bechtel has worked on more than 22,000 projects in 140 countries on all seven continents. Today, our 53,000 employees team with customers, partners and suppliers on diverse projects in nearly 50 countries. www.bechtel.com.

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