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  • Feeling Brave? Try Foster Wheeler [View article]
    The whole engineering sector is in a simular situation. KBR, FLR, and JEC are in almost precisely the same place. They have good cashflow, huge backloads. Do you know that these companies will not do fixed-bid contracts anymore? Everything is cost plus. Their risks are essentially nothing. So, I think they will do quite well over the next five years.
    Oct 02 13:40 pm |Rating: 0 0
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