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U.S. Army Awards Fluor LOGCAP IV Task Order for Afghanistan
Public Company Information:
IRVING, Texas--(BUSINESS WIRE)--Fluor Corporation (NYSE:FLR) announced today that the company was authorized to proceed by the U.S. Army Sustainment Command (ASC) to provide services under Logistics Civil Augmentation Program (LOGCAP) IV Task Order 5 to support the U.S. military in Afghanistan. The total value of the task order is potentially more than $7 billion over five years, which includes up to four, one-year options that may be awarded for Task Order 5. Fluor will book awards as the task order is incrementally funded, with an initial undisclosed award expected to be booked in the third quarter of 2009.
The task order award includes work for 74 operating bases in Afghanistan’s Northern region. Fluor’s scope of work will include providing construction services, power, water, housing, base operations, sustainment services and logistics support.
“For more than 50 years, our company has supported the U.S. government across a variety of sectors. Our dedicated employees are well-versed in building, operating and maintaining military installations in Iraq, Afghanistan and around the world as well as cleaning up nuclear waste and helping people get back on their feet in the wake of Hurricanes Katrina and Rita,” said John Hopkins, group executive of Fluor’s Government Group. “I know they feel an immense sense of pride and accomplishment when they are supporting the men and women who serve in our military.”
“We are greatly honored to be a member of the Army team that is so dedicated to providing support services to our soldiers at war,” said Bob Jones, senior vice president of Fluor’s Government Group. “We’re fortunate to have so many dedicated professionals to provide valuable logistics services to help our military personnel accomplish their vitally important missions.”
This new award is the fourth and most significant task order to date in terms of scope granted to Fluor under the LOGCAP IV program. Previously, Fluor was awarded work under LOGCAP IV which included: Task Order 2 to expand and operate four forward operating bases in Northern Afghanistan; Task Order 3 to provide measurement and testing services in Kuwait; and Task Order 4 to build and operate eight additional forward operating bases in Afghanistan. Fluor has realized more than $300 million to date for all incrementally funded LOGCAP work.
Fluor is one of three providers that support U.S. forces under LOGCAP IV. Fluor was originally chosen as a LOGCAP IV contractor by ASC in June 2007 as part of an 18-month, competitively bid, open and transparent process.
About Fluor Corporation
Fluor Corporation (NYSE: FLR) designs, builds and maintains many of the world's most challenging and complex projects. Through its global network of offices on six continents, the company provides comprehensive capabilities and world-class expertise in the fields of engineering, procurement, construction, commissioning, operations, maintenance and project management. Headquartered in Irving, Texas, Fluor is a FORTUNE 200 company and had revenues of $22.3 billion in 2008. For more information visit www.fluor.com.
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