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Fluor Special Purpose Entity Contract with Energy Department Is Extended

Provided by Dow Jones

Oct 9, 2023 8:35pm

By Denny Jacob

Fluor's special purpose entity contract with the Energy Department's National Nuclear Security Administration was extended for five years.

The company said Monday that Fluor Marine Propulsion's contract was extended through 2028.

All fees earned with this new extension will be recognized as equity income, consistent with the original contract.

Write to Denny Jacob at denny.jacob@wsj.com

(END) Dow Jones Newswires

October 09, 2023 16:35 ET (20:35 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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