Fluor (NYSE: FLR) and Boeing (NYSE: BA) will team to bid for work from the Department of Energy at its Sandia National Laboratories.
According to Fluor, “Sandia is a government-owned, contractor-operated facility that is managed on behalf of the DOE’s National Nuclear Security Administration (NNSA).”
Fluor highlighted the value proposition the team is able to bring as a positive for the NNSA.
“We believe that the complimentary resources and skill sets of two world-class companies like Fluor and Boeing offer the NNSA an extremely compelling value proposition, ” said Greg Meyer, senior vice president of Fluor Government Group. “Fluor’s work as a preeminent DOE contractor positions our company well to understand the needs of Sandia and the Nuclear Security Enterprise. We look forward to bringing our experience from across the DOE complex along with our unmatched operations expertise to support the team.”
Boeing points to its experience as a plus.
“The Boeing Company has a long history of managing large-scale research and development programs, ” said Greg Deiter, vice president of Boeing Defense & Government Services. “We will draw on that experience to offer innovative approaches to meet the NNSA’s objectives of strengthening performance on national security missions; reducing costs; and supporting operations as an integrated Nuclear Security Enterprise.”