Fluor Joint Venture Receives Notice to Proceed on Hanford Integrated Tank Disposition Contract
Fluor Corporation (FLR)
Last fluor corporation earnings: 10/31 06:55 am
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US:NYSE Investor Relations:
investor.fluor.com/node/5806
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Source: Business Wire
IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that the U.S. Department of Energy (DOE) has approved Hanford Tank Waste Operations & Closure, LLC (H2C) – a joint venture led by a subsidiary of BWX Technologies, Inc., with Fluor and Amentum – to begin the Hanford Integrated Tank Disposition Contract. The contract has an estimated ceiling of $45 billion over a 10-year ordering period for environmental management operations at the Hanford Site in Washington state. Fluor will recognize its share of earnings from this new contract using the equity method of accounting beginning in the fourth quarter of 2024.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241017464565/en/An aerial view of the Hanford Site in Washington state. (Photo: Business Wire)Earlier in 2024, the DOE announced that the contract had been awarded to H2C. A protest against this award was recently dismissed in the U.S. Court of
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Earnings
- 11/8/24 - Miss
FLR
Sec Filings
- 11/21/24 - Form 144
- 11/21/24 - Form 144
- 11/8/24 - Form SC
- FLR's page on the SEC website