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| Bechtel reports best year in company history US firm Bechtel announced revenue of $20.5 billion in 2006, a 13 percent increase over 2005 and a record for the fourth straight year. Bookings of new work surged 34 percent to $24.7 billion, also a record. Strong execution combined with a diverse, international business portfolio helped Bechtel achieve the best overall financial performance in its 109-year history. Bechtel's Oil, Gas & Chemicals business unit and Bechtel National, the government services unit, set the pace for revenue. Bechtel's other business units including global infrastructure, power, and communications continued to provide solid contributions to the overall record performance. About half the company's revenue came from outside North America. Bechtel once again demonstrated its commitment to safety in 2006. Ninety percent of projects finished the year without a lost-time accident, and 56 projects achieved at least one million consecutive safe work hours. write your comments about the article :: © 2007 Construction News :: home page |