Oxford Economics Highlights KBR’s Impact on the Australian Economy and Signals Further Growth
A report from Oxford Economics illustrates how the diverse nature of KBR’s Australian operations are helping to grow the economy and support a more resilient nation.
The report shows that KBR contributed A$1 billion to the Australian economy with every dollar spent by the company generating A$2.60 in the broader community, contributing to the sustainment of 6,370 jobs across Australia. For every 10 KBR employees, a total of 36 jobs were supported across the broader communities where the KBR team live and work.
The report also highlights that KBR’s people are 59% more productive than the national average. Highly productive employees are essential to raising the economy’s growth rate and living standard. With bold, innovative solutions, KBR is supporting Australia to address some of its biggest challenges – from digitalisation and modernisation of critical infrastructure, navigating the energy trilemma and defence and national security resilience, while contributing to long-term economic growth.
Integral to this growth and prosperity is the company’s diverse national supply chain of some 420 skilled and specialised organisations. The company spent AUD$158 million with the network who provide high value services and skills to support delivery of some of the nation’s most critical projects.
Australia Defence Security Solutions Vice President Nic Maan welcomed the Oxford Economics report, saying it demonstrated how the company’s Australian presence was growing and evolving to meet the future needs of the nation.
“In an environment where the challenges facing Australia are more complex than at any other time in our history, KBR’s diverse operations are enabling mission success on land, in the air, at sea, across cyber space, as well as delivering resilient and sustainable critical infrastructure.”
Infrastructure Solutions Vice President Aaron Fowler said, “Key to our past success and our future growth is our people and the way that we collaborate and integrate enabling technologies to deliver novel solutions for our customers.
“The combination of talented people, a resilient supply-chain and global reach into world leading systems, processes and technologies, is helping to make Australia more resilient.
“We aim to build on our contribution to the Australian economy as we grow our team and expand our operations.”
