Future of KBR
CATEGORIES
- Asset Performance
- Innovation assets and pipeline
- Disruption vulnerability
- Company headlines
- Company’s future prospects
DATA ACCESS
KBR, Inc. (previously known as Kellogg Brown & Root) is a US procurement, construction, and engineering company, previously a subsidiary of Halliburton. It has large offices in Virginia, Alabama, Arlington, Birmingham, and Newark, Delaware, in America and Leatherhead in the United Kingdom. After Halliburton acquired Dresser Industries in 1998, Kellogg Brown & Root was established through the merger of The M. W. Kellogg Co. (Dresser's engineering subsidiary) and Brown & Root (Halliburton's construction subsidiary). KBR and its predecessors have received many contracts with the American military including during World War II, the Vietnam War, and the Iraq War. The corporate offices of the company are in the KBR Tower in Downtown Houston"
Innovation assets and Pipeline
All company data collected from its 2015 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page.
DISRUPTION VULNERABILITY
Belonging to the engineering and construction sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:
*First off, advances in nanotech and material sciences will result in a range of materials that are stronger, lighter, heat and impact resistant, shapeshifting, among other exotic qualities. These new materials will enable significantly novel design and engineering possibilities that will impact the manufacture of a range of future building and infrastructure projects.
*By the late 2020s, construction scale 3D printers will significantly reduce the time needed to build houses and highrises by using additive manufacturing principles to ‘print’ housing units.
*The late 2020s will also introduce a range of automated construction robots that will improve construction speed and accuracy. These robots will also offset a forecasted labor shortfall, as significantly fewer millennials and Gen Zs are choosing to enter the trades than past generations.
*Maglev elevator systems that use magnetic levitation instead of elevator cables will allow for elevators to run horizontally, as well as vertically; they will allow for multiple elevator cabins to operate in a single shaft; and they will allow buildings over a mile high to become commonplace.
*By 2050, the world population will rise above nine billion, over 80 percent of whom will live in cities. Unfortunately, the infrastructure needed to accommodate this influx of urbanites does not currently exist, meaning the 2020s through the 2040s will see an unprecedented growth in urban development projects globally.
*Similar to the note above, the next two decades will see significant economic growth across Africa and Asia that will result in a range of transportation and utility infrastructure projects approved for production.
*Increasingly severe weather events will occur globally throughout the 2020s and 2030s, due in large part to climate change. These events will impact coastal cities the worst, resulting in regular reconstruction projects, climate resistant infrastructure projects, and in the worst cases, the potential relocation of entire cities further inland.