Search Results for: Fluor

Fluor Subsidiary Gets $1.1B Modification on US Naval Nuclear Propulsion Support Contract

Fluor

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.

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Joe Brennan Promoted to Fluor CFO

Joe Brennan CFO Fluor

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.

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Fluor Team Secures Potential $13B Contract for DOE Hanford Site Cleanup Work; Tom D’Agostino Quoted

Tom D’Agostino

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.

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EM’s Weekly Roundup: QinetiQ to Acquire MTEQ; Fluor, Lockheed Martin, CACI Win Huge Contracts; POC Hosting FY20 Budget and Procurement Forum on Oct. 16th & Weekly Top 10 Stories

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 …

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Fluor-Led Consortium Gets $1.8B DOE Savannah River Site Support Extension; Tom D’Agostino Quoted

A Fluor-led (NYSE: FLR) consortium will continue to help manage the Department of Energy's Savannah River Site in South Carolina under a $1.8B contract extension. Savannah River Nuclear Solutions manages the cleanup of facilities, wastes and materials used in nuclear weapons production during the Cold War.

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Michael Steuert to Rejoin Fluor as CFO

Michael Steuert, who served as senior vice president and chief financial officer of Fluor (NYSE: FLR) from 2001 to 2012, has been appointed to re-assume the CFO post effective June 1. He will succeed Bruce Stanski, who will remain with the company to help analyze its investments and joint ventures …

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