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Fluor Wins New Iraq Contracts From U.S. Army Corps of Engineers

Thu. November 05, 2009; Posted: 06:00 PM
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IRVING, Texas, Nov 05, 2009 (BUSINESS WIRE) -- FLR | Quote | Chart | News | PowerRating -- Fluor Corporation (NYSE:FLR) announced today that the company was awarded three new contracts by the United States Army Corps of Engineers (USACE) to provide life support services for its personnel and other clients in Iraq. The contracts are valued in total at approximately $80 million and the scopes of work for all three contracts are expected to be completed by the end of the third quarter 2010. Fluor booked the contracts into backlog in the third quarter 2009.

The newly awarded contracts for life support services include billeting, office and facility services which will provide support for approximately 1,500 USACE and other personnel at multiple locations throughout Iraq. In addition, there is also a cost-plus, fixed-fee scope of work that includes vehicle and fleet maintenance and operating 12 remote vehicle maintenance facilities around Iraq. These facilities provide repairs and standard maintenance for non-tactical vehicles as well as light and heavy armored vehicles.

"We feel fortunate that the Corps of Engineers recognizes our past performance and has the confidence in our employees to choose Fluor again for this important work," said Bruce Stanski, president of Fluor's Government Group. "Our team is engaged and ready to continue supporting our client under this new contract."

About Fluor Corporation

Fluor Corporation (NYSE: FLR | Quote | Chart | News | PowerRating) designs, builds and maintains many of the world's most challenging and complex projects. Through its global network of offices on six continents, the company provides comprehensive capabilities and world-class expertise in the fields of engineering, procurement, construction, commissioning, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 200 company and had revenues of $22.3 billion in 2008. For more information, visit www.fluor.com.

SOURCE: Fluor Corporation

Fluor Corporation 
Media Relations 
Keith Stephens / Brian Mershon 
469-398-7624 / 469-398-7621 
or 
Investor Relations 
Ken Lockwood / Jason Landkamer 
469-398-7220 / 469-398-7222
For full details on Fluor Corp (New) (FLR) click here. Fluor Corp (New) (FLR) has Short Term PowerRatings of 4. Details on Fluor Corp (New) (FLR) Short Term PowerRatings is available at This Link.

    


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