Construction and Engineering
Company Overview of Bechtel Corporation, Inc.
Bechtel Corporation, Inc. provides engineering, procurement, construction, and project management services worldwide. It offers development and financing services, such as expert assistance in developing, structuring, and financing projects, credit support, and risk allocation services, as well as initial project development and feasibility efforts, project financing, and asset management. The company also provides services in the areas of roads and rail systems, airports and seaports, fossil and nuclear power plants, renewable energy, refineries and petrochemical facilities, mines and smelters, defense, national security science, aerospace facilities, environmental cleanup projects, communi...
50 Beale Street
San Francisco, CA 94105-1895
Founded in 1898
Key Executives for Bechtel Corporation, Inc.
Chief Executive Officer, President and Director
President of Mining and Metals Business Unit
President of Europe, Africa & Middle East
Compensation as of Fiscal Year 2014.
Bechtel Corporation, Inc. Key Developments
Bechtel Corporation to Relocate 700 Jobs to Fairfax County as a Result of Global Restructuring
Mar 4 15
Bechtel Corporation announced that it will relocate 700 jobs to Fairfax County from its Frederick, Md., operation as a result of global restructuring. The company will invest $10 million in the Fairfax County location as a result of the move. Bechtel will lease up to 175,000 square feet in the Reston area of Fairfax County for the expansion.
Bechtel Corporation, Inc. Wins Key Contracts for Groundbreaking UK Military Support Program
Nov 4 14
The United Kingdom's Ministry of Defence announced it has offered Bechtel two contracts to become a managedservice provider as part of MOD's effort to transform the delivery of military support services. The offer triggers a mandatory commercial standstill period of at least 10 calendar days. Once the agreements are signed, Bechtel will drive improvements in purchasing, project management, and other key equipment programs for the UK's naval and air forces through MOD's Defence Equipment and Support organization. The naval and air purchasing programs total up to three quarters of the Ministry of Defence equipment budget. They include F35 fighter aircraft, an aircraftcarrier program, and fastattack and ballisticmissile submarines. Each contract will have a base term of threeandahalf years, with two oneyear optional extensions. Bechtel will collaborate with fellow managedservice providers for land and Joint Enabler forces, human resources, finance, and management information systems. Once signed, the new contracts will add to Bechtel's 60year history of service in the UK. The company has partnered on, managed, or executed many complex projects, such as the High Speed 1 rail line and the Channel Tunnel. Read about Bechtel's projects in the UK. The company has spent some $7 billion on goods and services in the UK over the past 20 years and employs more than 1,000 people in offices in London and Manchester, with an additional 400 based in the UK but working outside the country. Bechtel has helped transform mission performance and delivery at key installations and facilities, including Los Alamos and Lawrence Livermore national laboratories and the Pantex and Y12 nuclear defense plants in the U.S., missile defense installations in Alaska and the Marshall Islands, and the U.S. naval nuclear propulsion program.
Bechtel Wins Contract to Provide Engineering, Procurement, and Construction Services for Oil Production Facility Expansion Project in Kazakhstan
Oct 27 14
Bechtel has been awarded a contract to provide engineering, procurement, and construction services to build four crude-oil storage tanks at the TengizChevroil oil production facility in Tengiz, Kazakhstan. The company also will modernize the fire and gas detection systems across the entire crude tank farm. The project will add to the existing facility 500,000 barrels of tank storage, export pumps, interconnecting pipe, switching manifolds, a monitoring station, associated facilities, and supporting infrastructure.
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