Fluor

Nuclear Weapon Producers

Fluor is involved the joint venture that produces Tritium for the US nuclear arsenal.

Nuclear Weapons |  Investments (years compared) (2021) (2020) (2019)

Company Profile

Fluor, based in the United States, provides complex engineering, procurement, construction, and maintenance projects for commercial and government clients.1 Fluor provides support to the US Department of Energy and National Nuclear Security Administration that includes management, mission operations, environmental remediation, decommissioning, engineering and construction services at legacy and operational nuclear sites. In the year ending December 2021, Fluor reported $12.4 billion in revenue.2

Stock exchange listing

NYSE: FLR

Contact information

Fluor Corporation
6700 Las Colinas Blvd Irving, TX 75039 U.S.A.
Tel: +1.469.398.7000
Fax: +1.469.398.7255
Website: https://www.fluor.com/
Facebook: https://www.facebook.com/FluorCorp/
LinkedIn: https://www.linkedin.com/company/fluor
Twitter: https://twitter.com/fluorcorp
YouTube: https://www.youtube.com/user/FluorCorporation

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Nuclear weapons

Fluor is the lead partner in Savannah River Nuclear Solutions (SRNS), a joint venture with Honeywell and Stoller Newport News Nuclear (SN3, part of Huntington Ingalls).3 Since 2008, SRNS remains responsible for the management and operation of the Department of Energy's Savannah River Site and Savannah River National Laboratory, which produces nuclear components for nuclear weapons.4 The contract5 with a potential value of $18 billion6 was extended in September 2022 by five more years.7

In November 2021, Nuclear Production One, a joint venture between Amentum and Fluor, was awarded the contract to manage and operate the Y-12 National Security Complex and the Pantex Plant, 8 However, this contract award was terminated in May 2022 when the US Department of Energy announced it would hold two new competitions for separate contracts to manage each site.9 [su_divider top="yes" size="5"]

Investments

Investments compared

Click on the institution to see if and how they've invested in the past. Red indicates a new investor in 2021. Green indicates investors that ended their involvement by 2021.

2022 Investments

2022

[table id=46 /]
2021 Investments

2021

60 Financial institutions made $10,848.2 million available in the research period January 2019- January 2021.

All forms of financing meeting the definition of substantive financial relationships are included in the report. This comprises financial institutions participating in loans and underwriting deals since 1 January 2019, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2020. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

2020 Investments

2020

101 Financial institutions made $10,812 million available in the research period January 2018-2020.

This comprises financial institutions participating in loans and underwriting deals since 1 January 2018, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2019. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

2019 Investments

2019

101 Financial institutions made $10,812 million available in the research period January 2017-2019.

This comprises financial institutions participating in loans and underwriting deals since 1 January 2017, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2018. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

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Last updated: 2023-07-06 14:41:54

Notes

 

  1. Services (2022) | Fluor. Available at: https://www.fluor.com/services.
  2. ‘Forward Focused: 2021 Annual Report’, Fluor (2022), p. 33. Available at: https://s201.q4cdn.com/930516572/files/doc_financials/2021/ar/2021-Fluor-Annual-Report.pdf.
  3. Our Parent Companies (2010) | SRNS. Available at: https://www.savannahrivernuclearsolutions.com/about/parent.htm.
  4. Amy F. Woolf and James D. Werner (2021) ‘The U.S. Nuclear Weapons Complex: Overview of Department of Energy Sites’, Congressional Research Service, p. 19. Available at: https://crsreports.congress.gov/product/pdf/R/R45306.
  5. Savannah River Nuclear Solutions, LLC Contract (no date) Energy.gov. Available at: https://www.energy.gov/srs/articles/savannah-river-nuclear-solutions-llc-contract (Accessed: 28 September 2022).
  6. CONTRACT to SAVANNAH RIVER NUCLEAR SOLUTIONS, LLC. | USAspending, 10 January 2008. Available at: https://www.usaspending.gov/award/CONT_AWD_DEAC0908SR22470_8900_-NONE-_-NONE- (Accessed: 28 September 2022).
  7. U.S. Department of Energy Extends Fluor-led Savannah River Site Management and Operating Contract through September 2027. FLUOR Newsroom, 29 September 2022. Available at: https://newsroom.fluor.com/news-releases/news-details/2022/U.S.-Department-of-Energy-Extends-Fluor-led-Savannah-River-Site-Management-and-Operating-Contract-through-September-2027/default.aspx.
  8. Amentum Team Awarded $28 Billion Y-12 National Security Complex and Pantex Plant Management Contract. Amentum Press Release, 30 November 2021. Available at: https://www.amentum.com/amentum-team-awarded-28-billion-y-12-national-security-complex-and-pantex-plant-management-contract/;
    NNSA Awards Management and Operations Contract for Y-12, Pantex. Energy.gov, 29 November 2021. Available at: https://www.energy.gov/nnsa/articles/nnsa-awards-management-and-operations-contract-y-12-pantex.
  9. NNSA cancels Y-12, Pantex contract award, to hold new competitions for separate site management contracts. Energy.gov., 16 May 2022. Available at: https://www.energy.gov/nnsa/articles/nnsa-cancels-y-12-pantex-contract-award-hold-new-competitions-separate-site.