NYSE, MDR - McDermott International
McDermott International, Inc. (?MII?), incorporated under the laws of the
Republic of Panama in 1959, is an engineering and construction company with
specialty manufacturing and service capabilities and is the parent company of
the McDermott group of companies, including J. Ray McDermott, S.A. (?JRMSA?) and
The Babcock & Wilcox Company (?B&W?). In this Annual Report on Form 10-K, unless
the context otherwise indicates, ?we,? ?us? and ?our? mean MII and its
consolidated subsidiaries.
We operate in three business segments: Offshore Oil and Gas Construction,
Government Operations and Power Generation Systems.
During 2007, we renamed, and in some cases restructured, many of the principal
operating companies within our Government Operations and Power Generation
Systems segments. One of the renamed companies, Babcock & Wilcox Power
Generation Group, Inc. (?B&W PGG?), was previously named The Babcock & Wilcox
Company. ...
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