DOE Extends Savannah River Nuclear Solutions' M&O Contract Through Sept. 2016

RELATED NEWS

Trade FLR now with

9/20/2012 7:26 PM ET

Fluor Corp. (FLR: Quote) said Thursday that the United States Department of Energy has exercised its option to extend the current Management & Operating contract at the Savannah River Site in Aiken, South Carolina, for an additional 38 months.

The extension will cover the time period between August 1, 2013 and September 2016. The M&O contract is currently being executed by Savannah River Nuclear Solutions, LLC, a Fluor-led partnership consisting of Fluor, Newport News Nuclear and Honeywell.

Savannah River Nuclear Solutions was originally awarded the Savannah River M&O contract in January 2008 after an open and competitive bid process.

Click here to receive FREE breaking news email alerts for Fluor Corp. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

<<Previous 165 Articles

Editors Pick

Fed Concerns Contribute To Lackluster Session On Wall Street - U.S. Commentary

There was a mixed performance on Wall Street on Friday. Shares suffered an early decline, as investors continued to express worries about the Federal Reserve. A recovery through the rest of the day allowed the Dow to edge into positive territory by the close. The Nasdaq and S&P 500 posted fractional losses.

Stocks Come Under Pressure Amid Worries About The Fed - U.S. Commentary

Stocks have shown a notable move to the downside in early trading on Friday amid lingering concerns about the outlook for the Federal Reserve's asset purchase program. The major averages have slid firmly into negative territory, adding to the modest losses posted in the previous session. The major averages are currently posting notable losses, near their lows for the young session.

U.S. Durable Goods Orders Rise 3.3% In April, More Than Expected

After reporting a sharp drop in new orders for manufactured durable goods in the previous month, the Commerce Department released a report on Friday showing that durable goods orders rebounded by more than anticipated in the month of April. The report said durable goods orders surged up by 3.3 percent in April after tumbling by a revised 5.9 percent in March.

DOE Extends Savannah River Nuclear Solutions' M&O Contract Through Sept. 2016

FDA Panel Backs Merck Insomnia Drug Suvorexant, But At Lower Doses

WSJ: Fidelity National, Thomas H Lee In Talks To Buy Lender Processing Services

Covidien Nellcor Pulse Oximetry Portfolio Gets 510(k) Clearance For Motion Claim

Plains Exploration Declars Special Dividend - Quick Facts

Goodman Networks, Multiband To Merge In $116 Mln Cash Deal - Quick Facts

Genesys To Buy SoundBite Communications For $5.00 Per Share

GE Capital To Pay $6.5 Bln In Dividends To GE In 2013, Plans Special Dividend

Dolphin Capital Announces Sale Of Venus Rock Golf Resort Interest

NetApp Profit Tops Estimates; Boosts Buyback; Initiates Dividend

G4S Plc Names Ashley Almanza CEO; Eddie Aston Named New COO

Invensys To Return About GBP 625 Mln Cash To Shareholders - Quick Facts

WSJ: Fidelity National, Thomas H Lee In Talks To Buy Lender Processing Services

Hercules Offshore To Sell Majority Of Inland Fleet For Approx. $45 Mln

EveryWare Global, ROI Acquisition Complete Business Combination

FDA Panel Backs Merck Insomnia Drug Suvorexant, But At Lower Doses

MRPL Posts Q4 Loss On Higher Costs

Covidien Nellcor Pulse Oximetry Portfolio Gets 510(k) Clearance For Motion Claim

GE Capital To Pay $6.5 Bln In Dividends To GE In 2013, Plans Special Dividend

Ensco Shareholders Elect 2 Directors, Pass $2 Bln Share Repurchase Authorization

AIG To Invest $92.5 Mln In Rights Offering By China's PICC