Fluor Joint Venture Awarded U.S. Department of Energy Hanford Integrated Tank Disposition Contract
Fluor Corporation (FLR)
Last fluor corporation earnings: 10/31 06:55 am
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US:NYSE Investor Relations:
investor.fluor.com/node/5806
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Source: Business Wire
IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE: FLR) announced today that the U.S. Department of Energy (DOE) selected Hanford Tank Waste Operations & Closure, LLC (H2C) – a joint venture led by a subsidiary of BWX Technologies, Inc., together with Fluor and Amentum – to execute the Hanford Integrated Tank Disposition Contract. The new contract has an estimated ceiling of $45 billion over a 10-year ordering period for environmental management operations at the Hanford Site in Washington state. Fluor will recognize its share of earnings from this new contract using the equity method of accounting.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240307627793/en/Aerial view of the Hanford Site in Washington state. (Photo: Business Wire)“We’ve been a proud member of the Tri-Cities community for more than 25 years, beginning with the Project Hanford Management Contract in 1996 through to our role today on the Central
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