Fluor (FLR) JV Secures $45 Billion Hanford Contract With DOE [Yahoo! Finance]
Fluor Corporation (FLR)
Last fluor corporation earnings: 10/31 06:55 am
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investor.fluor.com/node/5806
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Source: Yahoo! Finance
Department of Energy (“DOE”). The joint venture, Hanford Tank Waste Operations & Closure, LLC, will oversee environmental management operations at the Hanford Site in Washington state. This $45 billion, 10-year contract marks a significant opportunity for Fluor. Shares of Fluor have gained 1.5% during the trading session and 1.6% in the after-hour trading session on Mar 7, 2024. The scope of work includes crucial tasks in cleaning up the Hanford Site, such as operating tank farm facilities and the Waste Treatment and Immobilization Plant. Additionally, responsibilities encompass project management, security services, and environmental health and safety measures. This contract underscores Fluor's commitment to environmental stewardship and highlights its expertise in managing complex projects. Through the equity method of accounting, Fluor will recognize its earnings per share (EPS) from this endeavor. With the DOE's ambitious cleanup efforts at Hanford, this contract positions
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FLR
Earnings
- 2/20/24 - Beat
FLR
Sec Filings
- 3/13/24 - Form ARS
- 3/13/24 - Form DEFA14A
- 3/13/24 - Form DEF
- FLR's page on the SEC website