Fluor Team Awarded National Nuclear Security Administration’s Pantex Plant Management & Operating Contract
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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’s (DOE) National Nuclear Security Administration (NNSA) selected PanTeXas Deterrence LLC – a joint venture led by a BWX Technologies, Inc. subsidiary, together with Fluor; SOC, a Day & Zimmermann Company; and The Texas A&M University System – for the management and operations of the Pantex Plant located outside of Amarillo, Texas. Following an initial term of five years, NNSA has the ability to award three additional five-year option periods. If all contract options are exercised, the contract will span 20 years at a funding level of approximately $30 billion.“We have supported our nation’s security since 1944 and are looking forward to delivering on the NNSA’s mission at the Pantex Plant,” said Tom D’Agostino, Group President of Fluor’s Mission Solutions business. “With the purpose of supporting the Nuclear Security Enterprise, we are committed to helping NNSA revitali
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