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KBR said profit jumped 40 percent in the second quarter on contributions from a newly acquired construction company, an increase in work on several global oil and gas projects and better returns from government contracting work in Iraq and elsewhere.
The Houston-based engineering and construction firm and government contractor said net income rose to $67 million, 42 cents per share, from $48 million, 28 cents per share,
Looking forward, Utt said he expects a more active bidding environme