Breaking: Fluor and Boeing Score Significant Defense Deals
- September 23rd, 2023
- 506 views
Fluor Marine Propulsion LLC, a subsidiary of Fluor Corporation (NYSE: FLR), has secured a significant cost-plus-fixed-fee contract modification worth $1,362,922,002. This modification exercise is for fiscal year 2024 options related to Naval Nuclear Propulsion work conducted at the Naval Nuclear Laboratory. The contracting activity is the Naval Sea Systems Command, based in Washington, D.C.
$FLR was trading at $37.96 in after-hours, up $1.09 (+2.96%)
Meanwhile, The Boeing Company (NYSE: BA) has been awarded a contract valued at $221,366,000. This ceiling-priced, undefinitized contract action, delivery order, falls under a previously awarded basic ordering agreement. It pertains to the procurement of seven various configurations of flight control surfaces spares used on F/A-18 E/F and EA-18G aircraft. The Naval Supply Systems Command Weapon Systems Support, headquartered in Philadelphia, Pennsylvania, is overseeing this contracting activity.
$BA was trading at $197.89, reflecting an increase of $0.18 (+0.09%) in the extended session.
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