Fluor (NYSE: FLR) has announced a new organizational structure that will see the company operating in three business segments – mission solutions, energy solutions and urban solutions - starting in the first quarter of the year.

David Constable, a board member at Fluor (NYSE: FLR), will succeed the retiring Carlos Hernandez as CEO of the company, effective Jan. 1.

A subsidiary of Fluor (NYSE: FLR) will continue its support work on propulsion systems that power U.S. Navy submarines and aircraft carriers under a one-year, $1.12B contract modification. Fluor Marine Propulsion will continue services at the Naval Nuclear Laboratory through the government's 2021 fiscal year, the Department of Defense said Wednesday.

Joe Brennan, formerly senior vice president and operations controller at Fluor (NYSE: FLR), has been promoted to chief financial officer at the Irving, Texas-based engineering and construction firm. He succeeds the retiring Michael Steuert, who will stay at the company through the end of the year in a senior advisory role.

A joint venture between Fluor (NYSE: FLR) and a BWX Technologies (NYSE: BWXT) subsidiary has won a potential 10-year, $13 billion contract from the Department of Energy for environmental cleanup services at the Hanford Site in Washington state.

A Fluor (NYSE: FLR) subsidiary has been awarded a potential $1.78B contract modification to continue development of naval nuclear propulsion technology for the U.S. Navy.

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.

A team composed of AECOM (NYSE: ACM), Fluor (NYSE: FLR) and Atkins has received a potential 10-year, $10B indefinite-delivery/indefinite-quantity contract from the Department of Energy to perform cleanup work at the Hanford site in Washington.

QinetiQ announced on Wednesday that the company has entered into an agreement to acquire Manufacturing Techniques (MTEQ) on a cash-free, debt-free basis for $105 million to be paid in cash on completion. The transaction will more than double the size of QinetiQ’s U.S. operations.  “The acquisition of MTEQ is a …

A subsidiary of Fluor (NYSE: FLR) has secured a $1.07B contract modification from the U.S. Navy to provide propulsion support services at the Naval Nuclear Laboratory.