IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE:FLR) announced today that its Government Group was awarded a Logistics Civil Augmentation Program (LOGCAP) IV contract by the U.S. Army. The indefinite delivery/indefinite quantity (ID/IQ) contract has a performance period of one base year with nine one-year renewal options. The maximum value to any single yearly contract may be up to $5 billion dollars. Work will be competitively bid by the U.S. Army on a task order basis.
Fluor was one of three companies chosen as executing contractors for the U.S. Army's LOGCAP contracts through the competitively bid and highly transparent process which resulted in the best value for the Army. The proposal process lasted approximately 18 months.
“This is a great opportunity to serve the American soldiers and to provide the support they need to complete their missions around the world,” said John Hopkins, president of Fluor’s Government Group. “We are proud that Fluor and our employees were chosen for this important role and we look forward to delivering quality and value for the Army.”
Established by the U.S. Army to fulfill the Department of Defense's global mission during contingency events, LOGCAP provides the military with additional capabilities to rapidly support and augment the logistic requirements of its deployed forces through use of a civilian contractor.
Fluor served the U.S. Government on LOGCAP II as well as in a variety of other areas including mission support in Iraq and Afghanistan, military construction around the world, hurricane relief in Gulf Coast, earthquake relief in the Western United States and nuclear decommissioning at government-owned sites. The company is honored to be selected to extend our global capabilities and services in support of the Department of Defense on LOGCAP IV.
About Fluor
Fluor Corporation (NYSE: FLR) provides services on a global basis in the fields of engineering, procurement, construction, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 500 company with revenues of $14.1 billion in 2006. For more information visit www.fluor.com.
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Fluor CorporationMedia Relations:Keith Stephens, 469-398-7624orSteve Roth, 469-398-7623orInvestor Relations:Ken Lockwood, 469-398-7220orJason Landkamer, 469-398-7222