A joint venture between Fluor (NYSE: FLR) and AMEC has received a potential $170M task order from the U.S. Air Force to perform repair services at a military airfield located in the South Atlantic Ocean.
Fluor said Wednesday it will help fix the Ascension Island Auxiliary Airfield's runway under the cost-plus, fixed-fee order awarded through the Air Force Contract Augmentation Program IV contract.
The task is for up to 28 months of work.
“Ascension Auxiliary Airfield is in a strategic location and the runway is the lifeline to the island," he added.
The Fluor-Amec II JV won its position on the $5B AFCAP IV procurement vehicle in 2015.
Ascension Island is a volcanic island situated near the equator and is under the British government's area of jurisdiction.