reimbursable contracts

3 articles
The Motley FoolThe Motley Fool··Leo Sun

Fluor Positioned for Sustained Growth With $25.5B Backlog and 16% EPS Expansion

Engineering firm Fluor has outperformed S&P 500 with 120% five-year gain, backed by $25.5B backlog and exposure to cloud, AI, and nuclear markets.
SMRFLRsmall modular reactorsnuclear energy
The Motley FoolThe Motley Fool··Reuben Gregg Brewer

Fluor Stock Surge Raises Valuation Concerns Despite Strategic Pivot

Fluor shifts to stable reimbursable contracts (81% backlog), raises $1.35B via NuScale sale. Strong financial position tempered by stock's 100% five-year gain.
SMRFLRshare buybackscapital raising
The Motley FoolThe Motley Fool··Reuben Gregg Brewer

Fluor Corporation Restructures Portfolio Amid Strategic Capital Deployment

Fluor restructures toward reimbursable contracts and monetizes NuScale stake for $2B, strengthening balance sheet while remaining exposed to cyclical market conditions.
SMRFLRengineering and constructionreimbursable contracts