Fluor (FLR) Receives $409M Task Order Under the US AFCAP V [Yahoo! Finance]
Fluor Corporation (FLR)
Last fluor corporation earnings: 10/31 06:55 am
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Source: Yahoo! Finance
The contract will be based in North Field, Tinian, which is part of the Commonwealth of the Northern Mariana Islands. This task order contract has a period of performance of 60 months and is valued at about $409 million. The cost-plus and fixed-fee task order was awarded to FLR under the Air Force Contract Augmentation Program V (“AFCAP V”). Fluor is positive about the development of the contract as it believes its timely and cost-effective solutions align best with this project and will help strengthen the U.S. Air Force's deterrence capability. Growing Backlog Bodes Well Fluor has been witnessing business prospects and a demand uptrend in various sectors, including the chemicals sector, energy transition, fuel production, as well as mining and metals, and big data. This growing trend is reflected in a solid uptick in new awards and backlog value. In 2023, FLR successfully secured consolidated new awards amounting $19.52 billion, with 87% of them being reimbursable. At 2023
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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