Welcome to our dedicated page for Fluor news (Ticker: FLR), a resource for investors and traders seeking the latest updates and insights on Fluor stock.
Fluor Corporation (NYSE: FLR) is a global leader in engineering, procurement, and construction services, delivering complex projects across energy, infrastructure, and government sectors. This dedicated news hub provides investors and industry professionals with timely updates on FLR's operational developments, strategic initiatives, and market positioning.
Access Fluor's latest press releases, project announcements, and financial disclosures in one centralized location. Our curated collection includes updates on major contract awards, sustainability initiatives, leadership changes, and earnings reports – all essential for understanding the company's trajectory in competitive engineering and construction markets.
Key areas of coverage include energy transition projects, infrastructure development contracts, and technological innovations in Fluor's core Urban, Mission, and Energy Solutions segments. The resource enables stakeholders to monitor the company's progress in executing large-scale projects while maintaining its commitment to safety and operational excellence.
Bookmark this page for streamlined access to Fluor Corporation's most critical updates. Regularly refreshed content ensures you stay informed about FLR's role in shaping global infrastructure, clean energy solutions, and industrial development projects worldwide.
Fluor Corporation (NYSE: FLR) announced that Tricia Thibodeaux has been appointed as vice chair of the Construction Industry Institute (CII) for 2022. Thibodeaux has a decade-long involvement with CII and has previously led key research initiatives, including efforts to improve supplier quality. Her leadership is expected to benefit CII's member organizations and the broader construction industry. Fluor has supported CII for 38 years, contributing to research and best practices in capital projects.
Fluor Corporation (NYSE: FLR) will hold a conference call on February 22 at 8:30 A.M. Eastern time to discuss its fourth quarter and full-year results for 2021, with results released prior to market open. CEO David Constable and CFO Joe Brennan will lead the call. A live webcast and a replay will be available on investor.fluor.com for 30 days. Fluor reported a revenue of $14.2 billion in 2020 and employs around 44,000 people, providing engineering, procurement, and construction services globally.
Fluor Corporation (NYSE: FLR) has been awarded a position on the U.S. General Services Administration's Multiple Award Schedule (MAS) contract. This indefinite-delivery/indefinite-quantity contract spans five years, with three additional five-year options available. Fluor can now compete for task orders in the Facilities and Professional Services categories, which include various special item numbers matching its spending profiles. This award supports Fluor's strategy to enhance its technical services and provides federal agencies access to its innovative solutions.
Fluor Corporation (NYSE: FLR) announced the completion of the A9 public-private-partnership project in Amsterdam, executed in collaboration with Balast Nedam and Heijmans. The project included the upgrade of 7 kilometers of the A9 highway and the construction of the Netherlands' largest cut-and-cover tunnel. Notably, over 5,000 solar panels were installed, generating electricity equivalent to that needed for 600 homes. Fluor will operate and maintain the roadway for the next 20 years.
Mote has announced the establishment of its first facility in Bakersfield, California, to convert wood waste into carbon-negative hydrogen. The project aims to produce about 7 million kilograms of hydrogen annually, capturing 150,000 metric tons of CO2, which is equivalent to removing 32,622 cars from the road. The facility, projected to begin operations in 2024, aims to utilize biomass from agricultural waste, with support from Fluor Corporation and SunGas Renewables. Mote is positioned to significantly contribute to California's carbon neutrality goals and the expanding market for renewable hydrogen.
Fluor Corporation (NYSE: FLR) announced a merger agreement with Spring Valley Acquisition Corp. (NASDAQ: SV), set to close in the first half of 2022. This merger will create the first publicly traded developer of advanced small modular reactor (SMR) technology, with Fluor expected to maintain a 60% stake in the new entity. Fluor has invested over $600 million in NuScale Power since 2011, which has received Standard Design Approval from the U.S. Nuclear Regulatory Commission. The innovation aims for low-carbon, reliable power generation, with NuScale’s modules providing scalable energy solutions.
NuScale Power enters a business combination agreement with Spring Valley Acquisition Corp. (SV) to create NuScale Power Corporation, estimated to have a pro-forma enterprise value of
Fluor Corporation (NYSE: FLR) announced that CEO David Constable and CFO Joe Brennan will participate in a live fireside chat on December 2, 2021, at 9:30 a.m. Eastern Time. Investors can access the live webcast on the Fluor investor relations website. A replay will be available for 30 days. Fluor, headquartered in Irving, Texas, provides engineering and construction services and reported $14.2 billion in revenue in 2020, ranking 196th on the Fortune 500.
Fluor Corporation (NYSE: FLR) has been awarded a contract by the U.S. Department of Energy’s National Nuclear Security Administration (NNSA) for the management and operation of the Y-12 National Security Complex and Pantex Plant. The contract is valued at approximately $2.8 billion annually and includes a four-month transition period followed by a five-year base period with options extending the contract up to 10 years. The Fluor-led joint venture, Nuclear Production One, LLC, aims to enhance national security and production capabilities.
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