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Quiz: QUIZ: Aerospace and Defense

Question 5 of 10

In 2006, Halliburton cut ties with KBR after how many years as its parent company?

  1. 24
  2. 34
  3. 44
  4. 54
Correct!

Formally known as Kellogg, Brown and Root, KBR is the largest non-unionized construction company in the US. However, it is better known as the former subsidiary of Halliburton, the multinational energy corporation where former vice president Dick Cheney served as chairman and CEO from 1995 to 2000. Halliburton had acquired the company in 1962, when it was simply known as Brown and Root, and eventually used it to build infrastructure for the US Navy during the Vietnam War. However, the company was cut loose after a female KBR employee was sexually assaulted at an army camp in Baghdad by seven of her coworkers. The incident caused Halliburton's public profile and earnings to suffer, prompting them to start an initial public offering of KBR stock in 2006.

SOURCE: KBR Is Officially Out On Its Own | Houston Chronicle

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