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Halliburton Unit Picked to Participate in Program to Reduce Threat of Weapons Of Mass Destruction

DALLAS, Sept. 10 /PRNewswire/ -- A Kellogg Brown & Root (KBR) Government Operations team has been selected by the Department of Defense's (DOD) Defense Threat Reduction Agency (DTRA) to participate in the Cooperative Threat Reduction (CTR) program. KBR is the engineering and construction segment of Halliburton (NYSE: HAL). The CTR program was established by DOD to respond to the threat of proliferation of nuclear, chemical and biological Weapons of Mass Destruction (WMD) and related expertise and knowledge from the states of the Former Soviet Union.

The KBR team is one of five contracting teams chosen to provide support for the CTR program under a five-year initial contract, with one five-year option based on performance for an estimated $5 billion.

The objectives of the contract include the acceleration of strategic and tactical arms reduction; enhancing the safety, security and control of WMD; assisting the United States and other governments in eliminating WMD, their delivery systems, supporting subsystems, and associated infrastructure; and preventing proliferation.

The KBR team includes Devonport Management Limited; Black & Veatch International; Byelocorp Scientific, Inc.; Duke Engineering & Services; EAI Corporation; Edlow International Company; Harding ESE, Inc.; Pratt & Whitney Space Propulsion and Russian Operations; and SRS Technologies.

To perform the tasks related to the contract objectives, KBR will set up a primary project office in Moscow. Currently, KBR is executing a $283 million project for the DTRA in Russia to eliminate liquid-fueled Inter-Continental Ballistic Missiles (ICBM) and their silos. In addition, KBR recently completed a four-year contract for the DTRA in Kazakhstan where Inter- Continental Ballistic Missiles were dismantled and the land returned to the government for agricultural use.

"We are committed to assisting the government in providing a safe and efficient means of reducing and eliminating the threat of weapons of mass destruction," said Dave Lesar, chairman, president, and CEO of Halliburton. "We have the experience and we are a trusted employer in Russia."

KBR opened a corporate office in Moscow in 1991.

Kellogg Brown & Root's Government Operations is one of the world's leading providers of government support services. It employs 20,000 people around the world in the Americas, UK, Europe, Africa and Asia-Pacific. KBR offers lifecycle and program management from conceptual studies, engineering, project management and construction to operations, maintenance and logistics for major programs anywhere in the world.

Halliburton Company, founded in 1919, is the world's largest provider of products and services to the petroleum and energy industries. The company serves its customers with a broad range of products and services through its Energy Services Group and Engineering and Construction business segments. The company's Web site can be accessed at www.halliburton.com .

SOURCE Halliburton Company

CONTACT: Global Public Relations, Zelma Branch or Wendy Hall, both of Halliburton Company, +1-713-676-4371