KBR acquires Australian-based Catalyst Interactive

HOUSTON, 9 April 2008. KBR has acquired Catalyst Interactive (CI), an Australian e-learning and training solutions provider that specializes in defense, government, and industry training segments. The acquisition enables KBR to expand and complement its existing global training and technology solutions capabilities.

HOUSTON, 9 April 2008. KBR has acquired http://mae.pennnet.com/display_article/275867/32/ARTCL/none/none/1/In-Brief/Catalyst Interactive (CI), an Australian e-learning and training solutions provider that specializes in defense, government, and industry training segments. The acquisition enables KBR to expand and complement its existing global training and technology solutions capabilities.

"The CI acquisition demonstrates KBR's commitment to improve and develop our technology-based training capabilities in the Asia-Pacific region," says William P. Utt, KBR chairman, president, and CEO. "We see strong growth potential and opportunity both in the Asia-Pacific region as well as internationally and believe the CI acquisition will significantly enhance our capabilities across all of KBR's business units in this market."

CI employs 35 people in Canberra and Melbourne, all of whom will join KBR's Government and Infrastructure business unit. In Canberra, CI employees will continue to work in their current office location. Employees in Melbourne will relocate to the KBR Melbourne office.

"KBR is a leader in providing aviation training solutions in Australia. The acquisition will help KBR to be even more responsive to client needs and provide the opportunity to expand into new market areas in defense, government and private industry," says Bruce Stanski, president KBR Government and Infrastructure.

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