- Fluor Corp FLR has been selected by the U.S. Navy's Naval Sea Systems Command for a 7½-year position on the SeaPort Next Generation (SeaPort NxG) IDIQ multiple-award contract.
- As a company selected for SeaPort NxG, Fluor is now eligible to compete for task orders across 23 functional areas, including engineering, financial management, and program management.
- The government estimates services procured through the task orders will total approximately $5 billion annually.
- Price action: FLR shares traded higher by 1.20% at $16.86 on the last check Monday.
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