View:
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT (date of earliest event reported)
FEBRUARY 19, 1999
Halliburton Company
(Exact name of registrant as specified in its charter)
State or other Commission IRS Employer
jurisdiction File Number Identification
of incorporation Number
Delaware 1-3492 No. 75-2677995
3600 Lincoln Plaza
500 North Akard Street
Dallas, Texas 75201-3391
(Address of principal executive offices)
Registrant's telephone number,
including area code - 214/978-2600
Page 1 of 7 Pages
The Exhibit Index Appears on Page 4
INFORMATION TO BE INCLUDED IN REPORT
Item 5. Other Events
The registrant may, at its option, report under this item any events,
with respect to which information is not otherwise called for by this form, that
the registrant deems of importance to security holders.
On February 19, 1999 registrant issued a press release entitled
Halliburton Unit Awarded Logistics Services Contract to Support U.S. Forces in
the Balkans pertaining, among other things, to an announcement that registrant's
Brown & Root Services business unit has been selected to continue its services
as the premier logistics support provider to U.S. forces deployed in the
Balkans. The logistics support services contract becomes effective on May 28,
1999 for a period of up to five years. The contract value is estimated up to
$180 million per year, with a maximum value of $900 million if all four option
periods are exercised. The one-year contract has four one-year options that can
be awarded at the government's discretion.
Item 7. Financial Statements and Exhibits
List below the financial statements, pro forma financial information
and exhibits, if any, filed as part of this report.
(c) Exhibits.
Exhibit 20 - Press release dated February 19, 1999.
Page 2 of 7 Pages
The Exhibit Index Appears on Page 4
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
HALLIBURTON COMPANY
Date: March 18, 1999 By: /s/ Susan S. Keith
--------------------------------
Susan S. Keith
Vice President and Secretary
Page 3 of 7 Pages
The Exhibit Index Appears on Page 4
EXHIBIT INDEX
Exhibit Sequentially
Number Description Numbered Page
20 Press Release of 5 of 7
February 19, 1999
Incorporated by Reference
Page 4 of 7 Pages
The Exhibit Index Appears on Page 4
FOR IMMEDIATE RELEASE CONTACT: Wendy Hall Nantz
Public Relations
Halliburton Company
(713) 676-5227
wendy.hall.nantz@halliburton.com
Guy Marcus
Investor Relations
Halliburton Company
(214) 978-2691
HALLIBURTON UNIT AWARDED LOGISTICS SERVICES CONTRACT TO
SUPPORT U.S. FORCES IN THE BALKANS
DALLAS, Texas (Feb. 19, 1999) - Brown & Root Services (BRS), a business unit of
Halliburton Company (NYSE: HAL), has been selected to continue its services as
the premier logistics support provider to U.S. forces deployed in the Balkans
region.
The U.S. Army Corps of Engineers' Transatlantic Programs Center
announced today that it awarded the logistics support services contract, which
becomes effective on May 28, 1999, to Brown & Root Services for a period of up
to five years. Contract value is estimated up to $180 million per year, with a
maximum value of $900 million if all four option periods are exercised. The
one-year contract has four one-year options that can be awarded at the
government's discretion.
Under the contract, Brown & Root Services will continue to provide full
logistic services to U.S. troops in the Balkans including quality of life
services, base camp support, transportation and maintenance services, USAF base
support operations, as well as construction of temporary facilities for the U.S.
forces deployed in Hungary, Croatia and Bosnia in support of Operation Joint
Page 5 of 7 Pages
The Exhibit Index Appears on Page 4
Forge. Operation Joint Forge is the military operations name for the U.S.
portion of the NATO-led peacekeeping operation designed to help stabilize
Bosnia.
The logistics contract was awarded on behalf of U.S. Army Europe,
headquartered in Germany, which has overall responsibility for military
operations in this region.
"This is a significant contract win for Brown & Root Services," said
Dave Lesar, president and chief operating officer, Halliburton Company. "We are
proud of our accomplishments in the Balkans and are pleased to continue
providing a continuity of services to the U.S. troops in this region."
Brown & Root Services has provided logistics services to the Army since
1992. It has provided engineering and logistics services to the troops in the
Balkans, since late 1995, first under the Army's Logistics Civil Augmentation
Program (LOGCAP) contract, and then again in 1997 under a follow-on sustainment
services contract, which expires in May 1999. The continued U.S. involvement in
the Balkans prompted the need for this competitively awarded contract.
"Our support to the deployed US military force has offered a
significant cost savings to the government, and we plan to continue to provide
complete and cost effective service for this critical mission," said Randy Harl,
president, Brown & Root Services.
Specifically, services provided under the contract fall in two major
categories:
- Transportation and maintenance services: Brown & Root Services
will provide transportation services, road repair and maintenance,
snow and ice removal, railhead operation and cargo handling,
equipment maintenance, hazardous materials and environmental
Page 6 of 7 Pages
The Exhibit Index Appears on Page 4
services, mail delivery, refueling, fire fighting, scrap sales and
disposal, and redeployment, staging, and onward movement
operations, which refers to the services needed to support U.S.
forces as they transit through an area, either deploying to or
redeploying from the Balkans region.
- Life support services: Brown & Root Services will provide
engineering, construction, operations and maintenance for
temporary troop housing and other support facilities. Services
include structure maintenance, laundry operations, power
generation, water production and distribution, and food services.
Brown & Root Services, one of America's top federal contractors, was
selected by the United States Army as the "Public Works Contractor of the Year"
for its work at Fort Benning, Georgia. As the world's largest service company,
BRS provides "Lifecycle Management" for global government and private clients.
Lifecycle Management consists of the master planning, design, construction,
operations, maintenance, investment management and decommissioning of
facilities. Brown & Root Services is a business unit of Halliburton Company,
headquartered in Dallas, Texas.
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, Engineering and Construction Group, and Dresser Equipment
Group business segments. The company's World Wide Web site can be accessed at
http://www.halliburton.com.
###
Page 7 of 7 Pages
The Exhibit Index Appears on Page 4