Fluor

BioPhy Appoints Scott Kobayashi as Senior Vice President of Sales to Accelerate Strategic Expansion

Retrieved on: 
Tuesday, April 2, 2024

BioPhy, an innovative AI drug development platform, today announced the appointment of Scott Kobayashi as Senior Vice President of Sales.

Key Points: 
  • BioPhy, an innovative AI drug development platform, today announced the appointment of Scott Kobayashi as Senior Vice President of Sales.
  • In this newly created role, Kobayashi will spearhead BioPhy's expansion in life sciences, public-private healthcare partnerships, financial services, and the public domain.
  • Prior to this, he held pivotal consulting positions at pharmaceutical industry giants Pfizer, Genentech, and Fluor, specializing in business expansion, partnerships, and development strategies.
  • “BioPhy has set itself apart from other biotech solutions with remarkable results in predicting and guiding clinical trial success.

Beyond New Horizons, an Astrion Joint Venture with Fluor, Secures $3.7 Billion U.S. Air Force Test Operations and Sustainment (TOS) II Contract

Retrieved on: 
Monday, March 25, 2024

Today Astrion announced the U.S. Air Force awarded Beyond New Horizons, LLC (BNH), an Astrion Joint Venture (JV) with Fluor, the Test Operations and Sustainment (TOS) II contract valued at more than 3.7 billion dollars.

Key Points: 
  • Today Astrion announced the U.S. Air Force awarded Beyond New Horizons, LLC (BNH), an Astrion Joint Venture (JV) with Fluor, the Test Operations and Sustainment (TOS) II contract valued at more than 3.7 billion dollars.
  • Through BNH, Astrion and Fluor will carry out test operations, technology development, equipment and facility sustainment, and capital improvements to ensure the continuity of the AEDC ground test mission.
  • "Through this contract, Astrion will establish a new era of aerospace testing for the Air Force characterized by cutting-edge innovation, unparalleled efficiency, and unwavering dedication," said Dave Zolet, CEO of Astrion.
  • "We are proud to support the Air Force as it elevates its preparation for the next generation of readiness.

BWXT-led Team Awarded $45 Billion Environmental Management Contract for DOE’s Hanford Site

Retrieved on: 
Monday, March 4, 2024

BWX Technologies, Inc. (NYSE: BWXT) today announced a contract with an estimated value of up to $45 billion over a 10-year ordering period from the U.S. Department of Energy (DOE) for environmental management operations at the Hanford Site in Washington.

Key Points: 
  • BWX Technologies, Inc. (NYSE: BWXT) today announced a contract with an estimated value of up to $45 billion over a 10-year ordering period from the U.S. Department of Energy (DOE) for environmental management operations at the Hanford Site in Washington.
  • The DOE announced that the Hanford Integrated Tank Disposition Contract (ITDC) was awarded to Hanford Tank Waste Operations & Closure, LLC (H2C), which is a joint venture led by a BWXT subsidiary and includes subsidiaries of Amentum and Fluor.
  • The DOE is engaged in one of the great public works projects of this century at the Hanford Site near Richland, Washington.
  • More information is available from the DOE’s Office of Environmental Management.

Fluor Selected as FEMA’s East Zone Contractor for its Public Assistance Technical Assistance Contracts V

Retrieved on: 
Thursday, February 8, 2024

Fluor Corporation (NYSE: FLR) announced today that the U.S. Federal Emergency Management Agency (FEMA) has selected Fluor to provide recovery services under the Public Assistance Technical Assistance Contracts V (PA TAC V) for their East Zone region.

Key Points: 
  • Fluor Corporation (NYSE: FLR) announced today that the U.S. Federal Emergency Management Agency (FEMA) has selected Fluor to provide recovery services under the Public Assistance Technical Assistance Contracts V (PA TAC V) for their East Zone region.
  • PA TAC V supports FEMA’s distribution of public assistance following presidentially declared disasters or emergencies.
  • View the full release here: https://www.businesswire.com/news/home/20240208425567/en/
    Fluor selected by FEMA to provide recovery services under the Public Assistance Technical Assistance Contracts V (PA TAC V) for East Zone region.
  • The East Zone encompasses FEMA Regions III & IV and consists of 14 eastern/southeastern states/areas and all FEMA Headquarters Task Orders.

Fluor’s Econamine FG PlusSM Carbon Capture Technology Selected to Reduce CO2 Emissions at Chevron Facility

Retrieved on: 
Tuesday, February 6, 2024

Fluor Corporation (NYSE: FLR) announced today that Chevron New Energies has signed a license agreement with Fluor to use its proprietary Econamine FG PlusSM carbon capture technology to reduce carbon dioxide (CO2) emissions at Chevron’s Eastridge Cogeneration facility in Kern County, California.

Key Points: 
  • Fluor Corporation (NYSE: FLR) announced today that Chevron New Energies has signed a license agreement with Fluor to use its proprietary Econamine FG PlusSM carbon capture technology to reduce carbon dioxide (CO2) emissions at Chevron’s Eastridge Cogeneration facility in Kern County, California.
  • Fluor recognized the undisclosed license award in the fourth quarter.
  • View the full release here: https://www.businesswire.com/news/home/20240206946145/en/
    Fluor’s Econamine FG Plus carbon capture technology expected to reduce CO2 emissions at Chevron facility by approximately 95% (Photo: Business Wire)
    “We are pleased to help Chevron achieve their CO2 reduction goals through the use of our carbon capture technology,” said Jim Breuer, Group President of Fluor’s Energy Solutions business segment.
  • “We are seeing significant activity across the globe in carbon capture and are pleased to employ our Econamine FG Plus technology to this important project.”
    When installed, Fluor’s carbon capture solution is expected to reduce the Eastridge facility’s carbon emissions by approximately 95%.

NuScale Appoints Fluor’s Jim Breuer to Board of Directors

Retrieved on: 
Thursday, December 21, 2023

NuScale Power Corporation (NuScale) (NYSE: SMR), the only technology provider and producer of small modular reactors (SMR) that has obtained U.S. Nuclear Regulatory Commission approval, today announced that Jim Breuer has joined the company’s Board of Directors, effective December 19, 2023.

Key Points: 
  • NuScale Power Corporation (NuScale) (NYSE: SMR), the only technology provider and producer of small modular reactors (SMR) that has obtained U.S. Nuclear Regulatory Commission approval, today announced that Jim Breuer has joined the company’s Board of Directors, effective December 19, 2023.
  • Breuer will replace Christopher Panichi, who has served on the NuScale board and the board of NuScale Power, LLC since 2020.
  • “We are pleased to welcome Jim Breuer to NuScale’s Board of Directors,” said John Hopkins, President and Chief Executive Officer of NuScale Power.
  • Jim joins our Board at a critical junction as we transition from a research and development organization to a customer-serving company deploying NuScale Power Modules™.

Fluor Selected by BHP for Stage 2 of Multibillion-Dollar Jansen Potash Project in Saskatchewan, Canada

Retrieved on: 
Friday, November 3, 2023

Fluor Corporation (NYSE: FLR) announced today that its Mining & Metals business has been selected by BHP Canada to develop Stage 2 of its multibillion-dollar Jansen potash project in Saskatchewan, Canada.

Key Points: 
  • Fluor Corporation (NYSE: FLR) announced today that its Mining & Metals business has been selected by BHP Canada to develop Stage 2 of its multibillion-dollar Jansen potash project in Saskatchewan, Canada.
  • View the full release here: https://www.businesswire.com/news/home/20231103432597/en/
    BHP Canada’s Jansen potash project site in Saskatchewan.
  • When completed, the Jansen site will be capable of producing approximately 8.5 million tonnes of potash per year.
  • The project will be managed through Fluor’s Calgary and Vancouver, Canada, offices.

Stork UK Secures Three-Year Contract with Sellafield Ltd

Retrieved on: 
Thursday, October 19, 2023

Fluor Corporation (NYSE: FLR) announced today that Stork UK, a Fluor company, has secured a three-year contract with Sellafield Ltd for its nuclear site in the United Kingdom.

Key Points: 
  • Fluor Corporation (NYSE: FLR) announced today that Stork UK, a Fluor company, has secured a three-year contract with Sellafield Ltd for its nuclear site in the United Kingdom.
  • View the full release here: https://www.businesswire.com/news/home/20231019887058/en/
    Representatives from Sellafield Inspection & Certification Group and Stork UK Quality Services gathered at Carlisle Racecourse in England to collaborate and celebrate the newly awarded Inspection and Quality Assurance contract.
  • (Photo: Business Wire)
    The three-year contract, which has two one-year follow-on options, will continue to see Stork UK provide independent third-party inspection and quality assurance solutions for Sellafield Ltd.
  • “This contract is a great example of a collaborative partnership between Stork UK and Sellafield” said Steve Hunt, Stork’s regional director in the UK.

Fluor Completes Bayer’s First Global Cell Therapy Launch Facility in Berkeley, California

Retrieved on: 
Wednesday, October 18, 2023

Fluor Corporation (NYSE: FLR) announced today that it has completed construction of Bayer’s first global Cell Therapy Launch Facility in Berkeley, California.

Key Points: 
  • Fluor Corporation (NYSE: FLR) announced today that it has completed construction of Bayer’s first global Cell Therapy Launch Facility in Berkeley, California.
  • Completion was celebrated October 10, 2023, at the new facility with local officials, dignitaries, Bayer employees and clients.
  • View the full release here: https://www.businesswire.com/news/home/20231018153130/en/
    Bayer's first global Cell Therapy Launch Facility was recently completed by Fluor Corporation.
  • Fluor also completed construction of Bayer’s state-of-the-art Single Use Technology biopharmaceutical manufacturing Cell Culture Technology Center (CCTC) in 2021.

Fluor Receives Five-Year Contract Extension for Naval Nuclear Propulsion Program

Retrieved on: 
Monday, October 9, 2023

Consistent with the original contract, Fluor will recognize all fees earned with this new extension as equity income.

Key Points: 
  • Consistent with the original contract, Fluor will recognize all fees earned with this new extension as equity income.
  • View the full release here: https://www.businesswire.com/news/home/20231009261311/en/
    Fluor has received a five-year contract extension for the Naval Nuclear Propulsion Program.
  • (Photo: Business Wire)
    The contract supports the Naval Nuclear Propulsion Program that is jointly part of the Department of Energy’s NNSA and the Department of the Navy.
  • The NNL is solely dedicated to the Naval Nuclear Propulsion Program and is comprised of nearly 8,000 engineers, scientists, technicians and support personnel.