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Companies

New Fluor CEO Outlines Streamlined Firm's Bottom-Line Rebuild

January 29, 2021

In Jan. 28 briefing, David Constable said the firm will stay an EPC contractor with focus on cost-plus work and expanded front-end services; analyst boosts its stock rating to "Buy" from "Hold."

DOE Abruptly Cancels $13B Cleanup Award to BWXT-Fluor Team

Mary B. Powers

Debra K. Rubin

December 31, 2020

No Comments

Agency will reprocure an expanded Hanford nuclear site mega-contract but offers scant detail on new value, scope, timeline or bidders; separately, site women settle $450K bias complaint

Fluor Steadies in Latest Quarter Results

Debra K. Rubin

December 17, 2020

No Comments

In last delayed 2020 filing, contractor reported a revenue shortfall linked to COVID-19 but better-than-expected profit; new ruling impacts firm's $300M pollution coverage fight with insurer

Fluor Names Former Exec David Constable as New CEO

Debra K. Rubin

November 2, 2020

No Comments

As it moves to get financials back on track amid changing markets, the contractor taps a board member and former chief of oil and gas giant Sasol

Exec News: Bechtel Expands Top-Level Changes; AECOM speeds up CEO Succession

Debra K. Rubin

August 15, 2020

No Comments

Fluor names new CFO as audits delay company results likely until Sept. 30, says analyst.

Md. Court Keeps Purple Line P3 Rail Project Team on Site In Long-Running Cost Dispute

Jim Parsons

Debra K. Rubin

August 12, 2020

No Comments

Following state suit, judge issues TRO to keep concession and builders working on $2B rail project through mid-Sept. as delay liability talks continue.

2020 Top 500 Sourcebook: Bayer Expands Campus

Bruce Buckley

July 1, 2020

No Comments

New center will produce future therapies for cancer

Construction Litigation

Fluor Team Responds to Judge Ruling On Disputed $900M for NY Bridge

Design-build consortium seeks more state payment for Mario Cuomo bridge, open since 2018

Richard Korman

June 23, 2020

One Comment

A state court judge has rejected part of design-build team's claim on its request for pay documents.

Design-Build Team Decides to Leave Maryland Purple Line Rail Project

Jim Parsons

May 2, 2020

No Comments

Consortium that includes Fluor, Lane Construction and Traylor Bros. says it could not obtain time and cost relief from the state on much-watched P3 project.