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Bechtel Announces 2011 Results

SAN FRANCISCO - April 11, 2012

Company Delivers Strong Year of Performance

•   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.  




 

About Bechtel

Bechtel is one of the most respected global engineering, construction, and project management companies. Together with our customers, we deliver landmark projects that foster long-term progress and economic growth. Since 1898, we’ve completed more than 25,000 extraordinary projects across 160 countries on all seven continents. We operate through four global businesses: Infrastructure; Nuclear, Security & Environmental; Oil, Gas & Chemicals; and Mining & Metals. Our company and our culture are built on more than a century of leadership and a relentless adherence to our values, the core of which are safety, quality, ethics, and integrity. These values are what we believe, what we expect, what we deliver, and what we live.  www.bechtel.com