Fluor wins three-year logistics contract from US Army in Germany

IRVING, Texas - Fluor Corporation (NYSE:FLR), a construction and engineering firm with "GREAT" financial health according to InvestingPro analysis, has been awarded a three-year Logistics Support Services contract by the United States Army’s Regional Contracting Office, Bavaria, the company announced in a press release Wednesday.

Under the contract, Fluor will provide training and operations logistical support to U.S. and coalition forces of the 7th Army Training Command. The company has held predecessor contracts for these services since 2016.

The 7th Army Training Command provides tactical level support for various exercises including Mission Rehearsal Exercises, Live Fire Exercises and Field Training Exercises. These activities are designed to enhance combat readiness for forces throughout the European Command’s area of operations.

"This new award not only extends our presence in the region for another three years but also supports U.S. and coalition forces’ training efforts that enhance their readiness for future missions," said Al Collins, Group President of Fluor’s Mission Solutions business.

Fluor has maintained operations in Europe for more than 65 years, according to the company statement. The engineering and construction firm reported revenue of $16.3 billion in 2024 and employs nearly 27,000 people globally. Fluor is headquartered in Irving, Texas, and is ranked 257 among Fortune 500 companies.

The financial terms of the contract were not disclosed in the press release. For detailed analysis and comprehensive insights about Fluor’s financial health and growth prospects, investors can access the full Pro Research Report available on InvestingPro.

In other recent news, Fluor Corporation reported its second-quarter 2025 financial results, missing Wall Street expectations for both earnings per share (EPS) and revenue. The company posted an EPS of $0.43, which was below the forecasted $0.56, and revenue reached $4 billion, falling short of the anticipated $4.55 billion. DA Davidson reiterated its Buy rating and $50.00 price target on Fluor, despite noting slower bookings momentum and describing the quarterly performance as "noisy." In a separate legal development, Fluor acknowledged a Supreme Court of Queensland decision that ruled in favor of Santos regarding a dispute over the Gladstone LNG project in Australia.

Meanwhile, NuScale Power announced a major collaboration agreement with Tennessee Valley Authority (TVA) and ENTRA1 Energy to deploy up to 6 GW of new nuclear capacity. This collaboration represents approximately 72 NuScale Power Modules at 77 MWe each. Following this announcement, BofA Securities maintained its Neutral rating and $38.00 price target on NuScale Power. These developments reflect ongoing strategic moves and challenges for both companies.

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