Fluor
Corporation (NYSE:FLR) announced today that the U.S. Department of
Energy (DOE) has exercised its option to extend the current management
and operating contract at the Savannah River Site near Aiken, South
Carolina, for an additional 22 months. The contract is currently being
executed by Savannah River Nuclear Solutions, LLC (SRNS), a Fluor-led
partnership, together with SN3 Stoller Newport News Nuclear and
Honeywell. Fluor will book the undisclosed contract value in the third
quarter of 2016.
SRNS was originally awarded the Savannah River maintenance and operating
contract in January 2008 after an open and competitive bid process. By
exercising the option to extend the term of the contract, DOE and SRNS
will continue uninterrupted management and operation activities as
outlined in the contract.
DOE’s Savannah River Site focuses on supporting and maintaining the
nuclear weapons stockpile as well as processing and storing nuclear
materials in support of U.S. nuclear non-proliferation efforts. Work
performed at the site includes environmental management and the cleanup
of legacy materials, facilities and wastes left over from the Cold War.
The Savannah River National Laboratory, a federally-funded research and
development center, is also located at the site.
“We are pleased that the Department of Energy has confidence in our
performance and ability to deliver on the important work that is under
way at the site,” said Bruce
Stanski, president of Fluor’s Government Group. “As always, Fluor
succeeds in the nuclear space through its continued focus on safety and
security by modeling excellence and delivering results across all
elements of the SRNS organization. It is also a validation of our
employees' good work to make the world safer and the assurance that DOE
has in our ability to successfully accomplish the project’s mission.”
For more than 70 years, Fluor has served as a DOE contractor with a
legacy that dates back to the Manhattan Project. In addition to the
Savannah River site work, Fluor supports DOE’s cleanup missions at the
Idaho Site under the Idaho Cleanup Project Core Contract and is the
prime contractor for deactivating the Paducah Gaseous Diffusion Plant in
Kentucky, as well as for the decontamination and decommissioning of the
Portsmouth Gaseous Diffusion Plant in Piketon, Ohio. Fluor also manages
and operates the Strategic Petroleum Reserve, headquartered in New
Orleans for DOE’s Office of Fossil Energy.
About Fluor Corporation
Fluor
Corporation (NYSE: FLR) is a global engineering, procurement,
fabrication, construction and maintenance company that designs, builds
and maintains capital-efficient facilities for its clients on six
continents. For more than a century, Fluor has served our clients by
delivering innovative and integrated solutions across the globe. With
headquarters in Irving, Texas, Fluor ranks 155 on the FORTUNE 500 list
with revenue of $18.1 billion in 2015 and has more than 60,000 employees
worldwide. For more information, please visit www.fluor.com or
follow us on Twitter @FluorCorp.
Fluor CorporationMedia Relations:Brian Mershon, 469-398-7621orBrett Turner, 864-281-6976orInvestor Relations:Geoff Telfer, 469-398-7070orJason Landkamer, 469-398-7222