Fluor Receives $1.16 Billion Contract Extension for Navy Nuclear Propulsion Work

IRVING, Texas — Fluor Marine Propulsion LLC, a wholly owned subsidiary of Fluor, has received a Department of the Navy contract extension fiscal year 2022 for its part of its naval reactors work in a joint program overseen by the Department of Energy’s National Nuclear Security Administration and the Department of the Navy, the company said Nov. 1.
The contract includes naval nuclear propulsion work at the Navy Nuclear Laboratory (NNL) sites in New York, Pennsylvania and Idaho. The one-year, cost-plus-fixed-fee option is valued at $1.16 billion.
Fluor won the initial base Navy contract in a joint Department of Energy and Department of Navy competition in July 2018. The two contracts have an original potential value of $30 billion over 10 years if all options are exercised.
For more than 70 years, NNL has developed advanced naval nuclear propulsion technology, provided technical support, and trained world-class nuclear operators to ensure the safe and reliable operation of the Navy’s submarine and aircraft carrier fleets. The NNL is solely dedicated to the naval nuclear propulsion program and is comprised of nearly 8,000 engineers, scientists, technicians and support personnel.