Bechtel Corporation - Company Strategy & Performance Analysis
Bechtel offers its services through four business units, namely: Nuclear, Security & Environmental (NS&E), Infrastructure; Mining & Metals (M&M); and Oil, Gas & Chemicals (OG&C). The NS&E business unit provides design and construction services to both the renewable and non-renewable sectors. It is one of the leading design and construction companies for fossil and nuclear-fueled power plants.
MarketLine Premium’s company strategy reports provide in-depth coverage of the performance and strategies of the world’s leading defence and security companies. The reports detail company operations in key geographies as well as comprehensive analysis of each company’s growth strategy and financial performance. Furthermore, the reports allow benchmarking company performance through the provision of key performance indicators including: arms sales, order backlog, and contractsKey Highlights
Bechtel is one of the leading defence contractors in the US:
The company’s strong presence in the defense industry enables it to leverage its position to attract a huge client base, as well as providing a continuous stream of income. It has expertise in disassembling and destroying chemical weapons, and restoring and developing locations and critical infrastructure. Its recognized presence in the sector and client satisfaction helps the company to secure repeat business opportunities from current clients.
The company has operations worldwide:
Bechtel has an extensive reach in terms of geography, which enables the company to explore new markets for its products and services. The company has a presence in nearly 50 countries around the world, across Australia, America, Asia, Europe, and the Middle East. This geographical diversity allows the company to develop a wider customer base and stronger brand presence, thus enabling it to mitigate market volatility.
The company aims to focus on research and development:
Bechtel has increased its focus on research and development, which could help it improve its profitability. For instance, it opened a Welding and Applied Technology Center (WATC) which is focused on welding innovation and training. This is part of the company's continuous efforts to reduce costs and provide better value to its customers. This measure helped the company to improve its arms sales. Its arms sales reported an increase from US$6,680.0 million in 2014 to US$6,740.0 million in 2015.
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