KBR, AECOM Show How EPC Companies are Facing Different COVID-19 Challenges

SUGAR LAND--May 15, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--The COVID-19 pandemic has brought a full decade of growth in the U.S. engineering, procurement and construction (EPC) business to a screeching halt. At the start of 2020, design firms were looking to a buoyant environment that would provide a 10th straight year of market growth, according to Engineering News-Record, but they instead have spent the past two months dramatically altering their near-term (and, increasingly, long-term) outlooks. Industrial Info is tracking more than $44 billion in delayed projects featuring KBR Incorporated (NYSE:KBR) (Houston, Texas) or AECOM (NYSE:ACM) (Los Angeles, California), two EPC giants whose differing outlooks point to the sector's unpredictability. Within this article: Details on some of the highest-valued projects featuring KBR and AECOM that have faced delays or have been otherwise affected by COVID-19 precautions, including those for major companies such as Cheniere Energy Incorporated's (NYSE:LNG), Pieridae Energy Limited and Amazon.com Incorporated (NASDAQ:AMZN).