More KBR

HOUSTON — KBR Inc. reported Tuesday its fourth-quarter profit rose 65 percent on the sale of one of its businesses, but its top executive said a growing backlog suggests 2008 will be a good year.

While the former Halliburton subsidiary remains the Pentagon's biggest private contractor in Iraq, the company has focused intently in the past year on expanding its engineering and industrial construction operations — its bread and butter before the Iraqi war.

(sigh).

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