CB&I Announces Facilities Restoration and Modernization Contract at Arnold Air Force Base

THE WOODLANDS, Texas, Aug. 30, 2016 /PRNewswire/ -- CB&I CBI today announced it has been awarded a multi-year contract with a value to CB&I of approximately $75 million by the Air Force Test Center at Arnold Air Force Base in Tullahoma, Tennessee. CB&I's scope of work includes plant and infrastructure sustainment, restoration and modernization to support the center's research, development, test and evaluation mission.

"We are pleased to work with the Air Force Test Center and support its critical role in the U.S. Air Force," said Chip Ray, President of CB&I's Capital Services operating group. "This award underscores the innovative solutions CB&I provides to our customers in the Federal government and their confidence in our ability to execute."

About CB&I
CB&I CBI is a leading provider of technology and infrastructure for the energy industry. With over 125 years of experience and the expertise of more than 40,000 employees, CB&I provides reliable solutions to our customers around the world while maintaining a relentless focus on safety and an uncompromising standard of quality. For more information, visit www.CBI.com.

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Investors: Scott Lamb, +1 832 513 1068, Scott.Lamb@CBI.com
Media: Gentry Brann, +1 832 513 1031, Gentry.Brann@CBI.com