Fluor Marine Propulsion Gets Navy Contract Expansion

Dow Jones

2025/06/18

By Katherine Hamilton

The Navy added $560.5 million to a previous contract with Fluor Marine Propulsion.

The Arlington, Va., subsidiary of Fluor received the additional funding in late May to do nuclear propulsion work at the Naval Nuclear Laboratory, the Navy said Tuesday.

The original contract was awarded in August 2024 for a total of $1.40 billion.

About $163.8 million of the latest addition is obligated right away, and $88.5 million will expire at the end of the current fiscal year, the Navy said.

The work is being done in Pennsylvania, New York and Idaho.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

June 17, 2025 18:09 ET (22:09 GMT)

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Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4129","symbol_name":"建筑与工程","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2544991567","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2544991567","pubTimestamp":1750198140,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"The Navy added $560.5 million to a previous contract with Fluor Marine Propulsion.The Arlington, Va., subsidiary of Fluor received the additional funding in late May to do nuclear propulsion work at the Naval Nuclear Laboratory, the Navy said Tuesday.The original contract was awarded in August 2024 for a total of $1.40 billion.About $163.8 million of the latest addition is obligated right away, and $88.5 million will expire at the end of the current fiscal year, the Navy said.The work is being done in Pennsylvania, New York and Idaho.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4129":"建筑与工程","FLR":"福陆"},"translate_title":"福陆船舶推进公司获得海军合同扩展","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FLR":1},"content_text":"By Katherine Hamilton \n\n\n  The Navy added $560.5 million to a previous contract with Fluor Marine Propulsion. \n\n\n  The Arlington, Va., subsidiary of Fluor received the additional funding in late May to do nuclear propulsion work at the Naval Nuclear Laboratory, the Navy said Tuesday. \n\n\n  The original contract was awarded in August 2024 for a total of $1.40 billion. \n\n\n  About $163.8 million of the latest addition is obligated right away, and $88.5 million will expire at the end of the current fiscal year, the Navy said. \n\n\n  The work is being done in Pennsylvania, New York and Idaho. \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 17, 2025 18:09 ET (22:09 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}