A Fluor (NYSE: FLR) business has received a $1.4 billion contract modification from the U.S. Navy for continued support work at the Naval Nuclear Laboratory.
The Department of Defense said Monday Fluor Marine Propulsion was awarded fiscal 2025 options for naval nuclear propulsion work in Pittsburgh, Pennsylvania; Schenectady, New York; and Idaho Falls, Idaho.
Tha Navy will obligate $19 million in combined fiscal 2024 other procurement and research, development, test and evaluation funds and fiscal 2022 other procurement allocation at the time of the award.
In 2018, Fluor won a potential $13.07 billion contract from the Navy to perform propulsion work for the lab.
The Naval Nuclear Laboratory comprises Department of Energy facilities and employees responsible for the development of propulsion systems, provision of technical support services and training of sailors who manage reactors installed in Navy aircraft carriers and submarines.
