US Department of Energy Extends Savannah River Fluorine Site Operations and Management Contract Through September 2027

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IRVING, Texas–(BUSINESS WIRE)–Fluor Corporation (NYSE:FLR) today announced that the U.S. Department of Energy (DOE) has extended the contract to manage and operate fluorine-based Savannah River Nuclear Solutions, LLC (SRNS) at the Savannah River site near Aiken, South Carolina. The extension includes 4 years with an additional one year option. The total value of the reimbursable contract is $12 billion over 5 years, and Fluor will reserve its share of $4.5 billion over 4 years in the third quarter.

SRNS will continue uninterrupted management and operational activities at the site.

“This extension represents DOE’s confidence in our performance to help protect our nation’s security and carry out the important mission at the site,” said Tom D’Agostino, president of Fluor’s Mission Solutions Group. “We continually improve efficiency to accelerate program goals and reduce costs while delivering capital projects of all sizes. Our success is the result of a constant focus on the safety and security of our workers and the protection of surrounding communities and the environment.

Work at the Savannah River site includes environmental management and cleanup of Cold War legacy materials, facilities and waste. The site also supports and maintains the nuclear weapons stockpile and the processing and storage of nuclear materials in support of U.S. nuclear nonproliferation efforts.

About Fluor Corporation

Fluor Corporation (NYSE:FLR) is building a better future by applying world-class expertise to solve its customers’ biggest challenges. Fluor’s 41,000 employees provide professional and technical solutions that help deliver safe, well-executed, and capital-efficient projects to clients around the world. Fluor had 2021 revenue of $12.4 billion and is ranked 259 among Fortune 500 companies. Headquartered in Irving, Texas, Fluor provides engineering, procurement and building for over 110 years. For more information, visit www.fluor.com or follow Fluor on TwitterLinkedIn, Facebook and YouTube.

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