FLR · Fluor Corp

Strong new awards of $6.1 billion reflect continued demand across key markets Ending backlog of $26.9 billion, 85% reimbursable Completed $175 million divestiture of Mexico JV Returned $300 million to shareholders through repurchases during the quarter; still targeting $1.4 billion for 2026 Fluor Corporation (NYSE: FLR) announced financial results for its second quarter ended June 30, 2026. “Our second quarter awards demonstrate the successful pull-through of our front-end work and the confidence clients have in Fluor to advance their most important investments,” said Jim Breuer, chief executive officer of Fluor. “These awards reflect conversion of our prospect pipeline, which we continue to replenish with additional opportunities. We remain focused on disciplined growth in our selected markets, strategic capital allocation and long-term value creation for our clients and shareholders.” Q2 2026 Highlights: Revenue of $4.3 billion, up 9% y/y GAAP net earnings attributable to Fluor of

Fluor Corporation (NYSE: FLR) announced today that James F. (Frank) Caldwell Jr., retired U.S. Navy Admiral, has been elected to its Board of Directors effective August 4, 2026. Caldwell’s appointment brings the total number of Fluor Board members to 11, of whom 10 are independent. He will serve on the Board's Audit and Governance Committees. Fluor appoints James F. (Frank) Caldwell Jr., retired U.S. Navy Admiral, to its Board of Directors "Frank Caldwell's unparalleled experience leading the Naval Nuclear Propulsion Program and managing one of the nation's most technically sophisticated enterprises brings valuable insight to Fluor," said James T. Hackett, Chairman of the Fluor Board. "His expertise in nuclear operations and safety, strategic planning, governance, risk management and government affairs, combined with decades of leadership in complex mission-critical environments, will support Fluor's continued growth across nuclear energy, government and defense markets." Caldwell

Fluor Corporation (NYSE: FLR) announced today that it has been selected by Gulf Petrochemical Industries Company (GPIC) to execute the front-end engineering and design for a new aromatics facility located in the Kingdom of Bahrain. The project will expand GPIC’s existing complex, which currently produces ammonia, urea and methanol. The GPIC complex in Sitra, Kingdom of Bahrain “This award reflects GPIC’s confidence in Fluor’s ability to deliver complex petrochemical projects with technical excellence and predictable outcomes,” said Pierre Bechelany, Fluor’s Business Group President of Energy Solutions. “We look forward to supporting GPIC as it advances this important investment for the Kingdom of Bahrain’s industrial future.” The new facility will utilize commercially proven process technologies to produce approximately 1.2 million metric tons of paraxylene and 0.5 million metric tons of benzene annually. Paraxylene and benzene are critical building blocks for plastics, polyester

Fluor Corporation (NYSE: FLR) announced today that it has divested its equity stake in ICA-Fluor Daniel to its existing JV Partner, ICA for $175 million. “Since the joint venture was formed in 1993, Fluor and ICA have successfully completed numerous projects in support of Mexico’s oil and gas, power, mining and manufacturing markets,” said Jim Breuer, Fluor’s Chief Executive Officer. “Given our current strategic priorities and in agreement with our partner, we determined that this is the right time to conclude this long-standing JV, allowing ICA more opportunity to grow independently and Fluor to direct attention to other growth areas, while maintaining the ability to support ICA’s efforts in Mexico on a project-by-project basis.” The expected gain on sale, combined with year-to-date operating income from the JV, will exceed Fluor’s anticipated 2026 earnings contribution from ICA-Fluor Daniel. The company will provide additional information on this transaction and update its guidance

Fluor Corporation (NYSE: FLR) announced today that it has been selected by Saudi-based Aramco as a Program Management Consultancy (PMC) contractor under a Long-Term Agreement (LTA) to support its global capital projects portfolio. The LTA will allow efficient deployment of Fluor’s global expertise, local workforce and digital project delivery capabilities. Fluor has maintained a presence in the Kingdom of Saudi Arabia since the 1940s providing support for the nation’s growth and development from its office in Al Khobar (pictured). “We are honored to be selected by Aramco for this strategic long-term agreement – supporting the company’s objectives to enhance energy security, operational efficiency and sustainable growth,” said Pierre Bechelany, Fluor’s Business Group President of Energy Solutions. “This award reflects Fluor’s proven record in program management excellence, capital discipline and safe execution, as well as our deep understanding of Aramco’s project delivery

Fluor Corporation (NYSE: FLR) and its joint venture partner, Walsh Construction Company, have reached Substantial Completion on the Chicago Transit Authority’s (CTA) $2.1 billion Red and Purple Line Modernization (RPM) Phase One Project, the largest completed capital project in CTA’s history. A CTA Brown line train traveling on the new Red-Purple Bypass at the Belmont Station crossing. The elevated bypass eliminates track conflicts and improves throughput for Red, Purple and Brown Line service. Note the Chicago skyline in the background. The recently achieved milestone reflects the dedication and collaboration of an exceptional project team, including Fluor, Walsh Construction, Stantec (design), Hitachi (signaling) and Meade (electrical contractor). “Reaching Substantial Completion on this landmark project is a testament to the strength of our partnerships, the commitment of our teams, and our shared focus on delivering transformational infrastructure,” said Shawn West, President of

Fluor Corporation (NYSE: FLR) will hold a conference call to review results for its second quarter ended June 30, 2026. The public is invited to listen to the conference call on Friday, August 7, 2026, at 8:30 a.m. Eastern with Chief Executive Officer Jim Breuer and Chief Financial Officer John Regan. Financial results will be released prior to the market open that day. The live webcast and a reply will be available with accompanying slides online at investor.fluor.com . The call will also be accessible by telephone at +1 833-461-5787 (U.S./Canada) or +1 585-542-9983. The conference ID is 315702289. A replay of the webcast will be available for 30 days. About Fluor Corporation Fluor Corporation (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s nearly 23,500 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had

Fluor Corporation (NYSE: FLR) announced today that its JGC Fluor BC LNG II joint venture with JGC Corporation (JFJV2) has received limited notice to proceed (LNTP) for the proposed Phase 2 expansion of the LNG Canada export facility in Kitimat, British Columbia, Canada. The LNG Canada export facility in Kitimat, British Columbia, Canada. The same joint venture partners (JFJV) played a central role in delivering Phase 1 of LNG Canada, providing engineering, procurement, fabrication management, construction and commissioning services. In 2025, JFJV successfully delivered the project’s two processing units, known as trains, and supporting infrastructure including storage tanks, rail yard, water treatment facility, flare stacks and marine terminal. “Our long‑standing partnership with LNG Canada is a point of pride for us, and we look forward to advancing the next phase of this world‑class project to help connect Canadian natural gas to global markets,” said Pierre Bechelany, Fluor’s

Completed sale of NuScale investment in April 2026, generating $2.4 billion in proceeds since September 2025 Completed $124 million divestiture of fabrication yard in China Q1 operating cash flow of $110 million, strongest Q1 performance in nine years Share repurchases of $516 million during the period; targeting $1.4 billion for 2026 Fluor Corporation (NYSE: FLR) announced financial results for its first quarter ended March 31, 2026. “I am encouraged by the significant number of new awards we secured in recent months across diverse markets, including gas-fueled and nuclear power, refining, data centers, mining, and uranium enrichment. Our pipeline of work is expanding, and we see compelling opportunities across each of our core markets,” said Jim Breuer, Fluor’s Chief Executive Officer. “The strong growth potential of our business is not impacted by the project charge in the quarter. With a disciplined project delivery model and strong liquidity, we are positioned to convert our

Fluor Corporation (NYSE: FLR) announced today that it has been selected to perform feasibility study services for Anglo American’s Woodsmith mining project in North Yorkshire, England. Fluor will recognize the undisclosed contract value in the second quarter of 2026. An aerial view of Anglo American’s Woodsmith mine site in North Yorkshire, England. Woodsmith is a large-scale underground mine that has access to the largest known polyhalite fertilizer deposit in the world. The mine will extract the low‑carbon fertilizer via deep shafts and a 37 kilometer (23 mile) underground conveyor tunnel to Anglo American’s materials handling facility in Teesside for processing. “The Woodsmith project has the potential to create a long‑term, stable and sustainable naturally occurring source of critical fertilizers for global markets,” said Harish Jammula, President of Fluor’s Mining & Metals business. “This award reflects our team’s deep technical expertise and our commitment to executing

Fluor Corporation (NYSE: FLR) announced today that management will be hosting one on one meetings at the following conferences for the second quarter of 2026: May 27: KeyBanc Industrials & Basic Materials Conference – Jim Breuer, Chief Executive Officer, John Regan, Chief Financial Officer and Jason Landkamer, Vice President, Investor Relations. June 17: Truist Securities Industrials & Services Conference – Pierre Bechelany, Group President – Energy Solutions and Jason Landkamer, Vice President, Investor Relations. About Fluor Corporation Fluor Corporation (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s nearly 23,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $15.5 billion in 2025 and is ranked 257 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has

First new U.S. refinery in more than 50 years Fluor Corporation (NYSE: FLR) announced today that it has been selected by America First Refining (AFR) to execute the front-end engineering and design (FEED) for their large-scale refining facility in Brownsville, Texas. The AFR facility is the first new refinery to be constructed in the United States in more than 50 years. An artist rendering of the America First Refining large-scale refining facility in Brownsville, Texas, the first new refinery to be constructed in the United States in more than 50 years. Fluor will recognize the undisclosed contract value in the first quarter of 2026. The facility will leverage commercially proven technologies to cleanly and efficiently process American shale oil into gasoline, diesel and jet fuel. Upon completion, the refinery is expected to process more than 60 million barrels per year of domestic crude, supporting domestic energy resilience and cleaner fuel innovation. “We are honored to partner

Fluor Corporation (NYSE: FLR) announced today that it has entered into a contract with X-energy to support the company’s proposed advanced nuclear project at Dow’s UCC Seadrift Operations in south Texas. Under the agreement, Fluor will initially deliver Front-End Loading Stage 2 (FEL-2) services. FEL-2 focuses on project definition, strategic planning, feasibility assessment, cost control and risk mitigation. Fluor will recognize the undisclosed contract value for this initial portion of work in the first quarter of 2026. Leaders from Fluor, X-energy, and Dow gathered at Fluor’s offices in Houston to kick off the FEL-2 phase of X-energy’s advanced nuclear project in Seadrift, Texas. The X-energy project proposes to develop four, 80-megawatt small modular reactor (SMR) units to supply Dow’s Seadrift site with safe, reliable, carbon-free electricity and industrial steam, replacing aging energy and steam infrastructure. The project is supported by the U.S. Department of Energy’s (DOE)

Fluor Corporation (NYSE: FLR) will hold a conference call to review results for its first quarter ended March 31, 2026. The public is invited to listen to the conference call on Friday, May 8, 2026, at 8:30 a.m. Eastern with Chief Executive Officer Jim Breuer and Chief Financial Officer John Regan. Financial results will be released prior to the market open that day. The live webcast and a replay will be available with accompanying slides online at investor.fluor.com . The call will also be accessible by telephone at +1 888-800-3960 (U.S./Canada) or +1 646-307-1852. The conference ID is 4438700. A replay of the webcast will be available for 30 days. About Fluor Corporation Fluor Corporation (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s nearly 23,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had

Fluor Corporation (NYSE: FLR) announced today that its Advanced Technologies business has signed a limited notice to proceed (LNTP) with TeraWulf Inc. The agreement covers master planning and pre-construction services for a large-scale brownfield data center campus in North Central Kentucky with access of up to 480 megawatts of grid-connected power. Fluor will recognize its portion of the undisclosed contract value in the first quarter. Fluor will lead the project from its North American Data Center Execution Hub in Greenville, South Carolina. The LTNP enables Fluor to begin early engineering, master planning and pre-construction activities while the parties finalize definitive engineering, procurement and construction documentation. TeraWulf develops, owns and operates energy-advantaged, industrial-scale data center infrastructure in the United States, purpose-built for high-performance computing and artificial intelligence workloads. “TeraWulf is seeking a long-term partner to

Fluor Corporation (NYSE: FLR) celebrated the opening of its newest European office in Bucharest, Romania, yesterday. United States and Romanian government officials, industry leaders, and project partners joined Fluor executives and employees at the new office, located at the Avantgarde Office Building, to commemorate the event. (l-r) Alejandro Escalona, Fluor Senior VP, Energy Solutions Group Lead Business Development and Strategy; Pedro Garcia, VP, Director of Fluor’s SMR Doicesti project; David Marventano, Fluor Senior VP of Government Relations; Darryl Nirenberg, U.S. Ambassador to Romania; Bogdan Ivan, Energy Minister of Romania; Cosmin Ghita, CEO of Nuclearelectrica; Menko Ubbens, Senior VP, Director of Fluor’s Cernavoda project. Fluor’s office opening was the Ambassador's first public event in Romania. The new office will serve as a hub to enhance the company’s capacity to deliver advanced nuclear energy projects across the region. “Opening an office in Bucharest reinforces

Fluor Corporation (NYSE: FLR) announced today that Robert G. (Bob) Card, former President and CEO of SNC‑Lavalin and a seasoned global engineering and construction executive, has been elected to its Board of Directors effective March 4, 2026. Card will serve on the Board’s Audit Committee and Commercial Strategies and Operational Risk Committee. Card’s appointment brings the total number of Fluor Board members to 12 of whom 10 are independent. With more than three decades of top‑level management experience across public and private sectors, he contributes broad industry, operational and government expertise. “Bob Card’s extensive leadership across the engineering, construction and project development landscape, combined with his significant public‑sector experience, brings valuable insight to Fluor as we continue executing our strategy for long‑term growth,” said David E. Constable, Executive Chairman of Fluor. “His track record guiding major global firms, along with his understanding

Fluor Corporation (NYSE: FLR) today announced that David E. Constable, Executive Chairman, will step down from the Board of Directors following the Annual Shareholders Meeting on May 6, 2026. James T. (Jim) Hackett, the company’s Lead Independent Director, will assume the role of Chairman of the Board on May 5, 2026. Constable’s connection to Fluor spans 44 years. He began his career with the company in 1982, advancing through a series of global leadership roles that shaped Fluor’s operational and commercial capabilities. After joining the Fluor Board in 2019, he chaired the Commercial Strategies and Operational Risk Committee, later becoming Chief Executive Officer (CEO) in 2021 and Chairman of the Board in 2022. He stepped down as CEO and transitioned into the role of Executive Chairman in 2025. His tenure is credited with reinforcing the financial foundation of the company and restoring confidence among clients, employees, partners and shareholders. Constable also brought external

Fluor Corporation (NYSE: FLR) today announced it has completed another significant milestone involving the sale of 71 million shares of NuScale Power Corporation (NYSE: SMR), generating gross sales proceeds of $1.35 billion. Fluor has begun efforts to monetize its remaining 40 million shares, which it expects to complete in the second quarter of 2026. Including the sales in 2025, the company has captured nearly $2 billion in total proceeds to date. As part of Fluor’s ongoing commitment to enhance value for its shareholders, since the beginning of the fourth quarter of 2025 and through February 13, 2026, the Company repurchased nearly 17 million shares of its common stock, deploying over $700 million. In February, the Board of Directors approved an increase in the number of shares authorized for repurchase under Fluor’s share repurchase program by an additional 30 million shares. Following the increase there are approximately 32.4 million shares currently available for repurchase under

Full year 2025 share repurchases of $754 million; $1.4 billion planned for 2026 Full year new awards of $12.0 billion; 87% reimbursable Ending Backlog of $25.5 billion; 81% reimbursable Received $1.35 billion in Q1 2026 for NuScale share sales Fluor Corporation (NYSE: FLR) announced financial results for its year ended December 31, 2025. “Our growing confidence in capturing significant EPC awards in 2026 and into 2027 is supported by an improving capital spending environment and increasing client commitments,” said Jim Breuer, chief executive officer of Fluor. “Furthermore, I am pleased that the monetization of our NuScale investment is progressing well and that we are returning significant value to our shareholders. We are confident that our diversified portfolio and strong capital position will support the delivery of our growth strategy.” Full Year 2025 Highlights [1] : Revenue of $15.5 billion GAAP net loss attributable to Fluor of $51 million Adjusted EBITDA [2] of $504 million

Fluor Corporation (NYSE: FLR) announced today that it has been awarded a multi-year contract by Centrus Energy’s subsidiary, American Centrifuge Operating, LLC. Fluor will serve as the integrated engineering, procurement and construction partner to expand its low-enriched uranium (LEU) and high-assay low-enriched uranium (HALEU) enrichment facility in Piketon, Ohio. Ground floor-side view of the HALEU cascade centrifuges This contract is part of a multi-billion dollar public and private investment plan to add thousands of additional centrifuges at Centrus’ American Centrifuge Plant. Fluor will lead engineering and design of the expanded capacity in Ohio, manage the supply chain and procurement of key materials and services, oversee construction at the site, and support the commissioning of the new capacity. “This project secures Fluor's foundational position in the critical U.S. uranium enrichment market by supporting the re-establishment of a domestic low-enriched uranium and

Fluor Corporation (NYSE: FLR) announced today that management, Jim Breuer, Chief Executive Officer, John Regan, Chief Financial Officer and Jason Landkamer, Vice President, Investor Relations. will be hosting one on one meetings at the following conferences for the first quarter of 2026: February 18: Citi’s 2026 Global Industrial Tech and Mobility Conference February 19: Barclays 43rd Annual Industrial Select Conference About Fluor Corporation Fluor Corporation (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s nearly 27,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $16.3 billion in 2024 and is ranked 265 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has provided engineering, procurement and construction services for more than a century. For more information,

Fluor Corporation (NYSE: FLR) announced today that it has achieved mechanical completion on BASF’s Zhanjiang Verbund project in China – BASF’s largest investment to date. The achievement was delivered with an outstanding safety record of more than 75 million work hours without a Lost Time Injury. BASF’s Zhanjiang Verbund site in China. “This milestone highlights Fluor’s commitment to safe and quality execution on complex, world‑class chemical projects,” said Pierre Bechelany, Fluor’s Business Group President of Energy Solutions. “I commend our teams and partners for their disciplined delivery and exceptional performance. We are honored to support BASF’s strategic growth in China with this new Verbund site project.” Fluor provided critical engineering, procurement and construction support for BASF’s integrated operations, including an EOEG process unit, 220kV substation, steam plant, water treatment systems, seawater intake, distributed cooling towers, wastewater treatment and waste

Fluor Corporation (NYSE: FLR) will hold a conference call to review results for its fourth quarter ended December 31, 2025. The public is invited to listen to the conference call on Tuesday, February 17, 2026, at 8:30 a.m. Eastern with Chief Executive Officer Jim Breuer and Chief Financial Officer John Regan. Financial results will be released prior to the market open that day. The live webcast and a replay will be available with accompanying slides online at investor.fluor.com . The call will also be accessible by telephone at +1 888-800-3960 (U.S./Canada) or +1 646-307-1852. The conference ID is 4438700. A replay of the webcast will be available for 30 days. About Fluor Corporation Fluor Corporation (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s nearly 27,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor