Fluor Selected for Position on Global Contingency Services Multiple Award Contract III

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Fluor (NYSE: FLR) has been selected for the Global Contingency Services Multiple Award Contract III by the United States Naval Facilities Engineering Systems Command (NAVFAC) Pacific. The contract allows Fluor to compete for task orders worth up to $2 billion over 102 months, providing facility support services for natural disasters, humanitarian efforts, and military actions worldwide. This award highlights Fluor's expertise in delivering high-quality and rapid response services in challenging environments, reinforcing its long-standing relationship with U.S. government and commercial clients.

Positive

• Fluor (FLR) secures a position on the Global Contingency Services Multiple Award Contract III by NAVFAC Pacific.
• The contract enables Fluor to vie for task orders valued at a maximum of $2 billion over 102 months.
• Fluor's scope of work includes providing facility support services for natural disasters, humanitarian efforts, and military actions globally.
• The award underscores Fluor's extensive experience in delivering contingency construction, humanitarian assistance, and disaster recovery support in demanding environments.
• Fluor looks forward to further collaboration with the Navy and Marine Corps through this contract.

Negative

• None.

IRVING, Texas--(BUSINESS WIRE)-- Fluor Corporation (NYSE: FLR) announced today that it has been awarded a position on the Global Contingency Services Multiple Award Contract III by the United States Naval Facilities Engineering Systems Command (NAVFAC) Pacific. As one of six companies selected for the indefinite delivery/indefinite quantity contract, Fluor is eligible to compete for specific task orders with a combined value not to exceed $2 billion for up to 102 months.

The contract provides for the ability to quickly deliver short-term facility support services in response to natural disasters, humanitarian efforts or military actions. Work will be performed at various locations throughout the world, including remote locations.

“This award builds on our more than 100-year history of providing services to U.S. government and commercial clients often in some of the toughest and most remote environments in the world,” said Tom D’Agostino, Group President of Fluor’s Mission Solutions business. “The contract’s scope of work fits well with what we do best – providing high quality and rapid response of contingency construction, humanitarian assistance and disaster recovery support in difficult and demanding situations. We look forward to continuing our work with the Navy and Marine Corps through this contract.”

NAVFAC, the oldest of the United States Navy's System Commands, is committed to Navy and Marine Corps combat readiness.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s 30,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $15.5 billion in 2023 and is ranked 303 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has provided engineering, procurement and construction services for more than 110 years. For more information, please visit www.fluor.com or follow Fluor on Facebook, LinkedIn, X and YouTube.

#MissionSolutions

View source version on businesswire.com: https://www.businesswire.com/news/home/20240417241455/en/

Brett Turner

Media Relations

864.281.6976

Jason Landkamer

Investor Relations

469.398.7222

Source: Fluor Corporation

FAQ

What contract was Fluor awarded recently?

Fluor was awarded the Global Contingency Services Multiple Award Contract III by NAVFAC Pacific.

How much is the combined value of task orders Fluor can compete for under the contract?

Fluor can compete for task orders with a combined value not exceeding $2 billion over 102 months.

What type of services will Fluor provide under the contract?

Fluor will deliver short-term facility support services for natural disasters, humanitarian efforts, and military actions globally.

Who is the Group President of Fluor's Mission Solutions business?

Tom D'Agostino is the Group President of Fluor's Mission Solutions business.

What is NAVFAC committed to?

NAVFAC is committed to Navy and Marine Corps combat readiness.