US Navy signs $2.4 billion nuclear propulsion contract with Fluor subsidiary
FLR Fluor Corp
$50.33 +8.28%
View chart & analysis → - 1The US Navy will pay Fluor Marine Propulsion $2.4 billion under the contract.
- 2The work includes 47% of Fluor's contracts in Pittsburgh and 45% of Fluor's contracts in Schenectady, New York.
- 3Fluor is pursuing opportunities in the energy and nuclear markets.
So what's the key point?
The US Navy has signed a $2.4 billion nuclear propulsion contract with a subsidiary of Fluor. This means Fluor has gained an opportunity in the energy and nuclear markets.
Source Construction Dive · View original ↗
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