Fluor to design, build, finance, operate and maintain new airport connection
IRVING, Texas--(BUSINESS WIRE)--Fluor
Corporation (NYSE: FLR) announced that its LAX Integrated Express
Solutions (LINXS) joint venture team broke ground today on the Los
Angeles International Airport’s (LAX) Automated People Mover project for
Los Angeles World Airports (LAWA). Fluor and its partners are set to
design, build, finance, operate and maintain the $4.9 billion project
over the next 30 years. The project is scheduled to be completed in 2023.
“We are eager to officially begin the construction and advancement of
LAX’s world-class facilities,” said Terence Easton, president of Fluor’s
infrastructure business. “This project is a signature piece of mega
infrastructure that will be ready to welcome the 2028 Summer Olympics,
will improve mobility for travelers from around the world and empower
progress for the Los Angeles region for generations to come.”
Los Angeles Mayor Eric Garcetti was on hand for the groundbreaking,
along with LAWA officials and many other distinguished guests.
The LINXS team is comprised of Fluor, ACS Infrastructure Development,
Balfour Beatty, Bombardier Transportation, Dragados USA, Flatiron and
Hochtief PPP Solutions. LINXS has been working on the pre-construction
phase of the project over the past year.
Fluor is the managing partner of the design-build joint venture team,
LINXS Constructors, comprised of Fluor, Balfour Beatty, Dragados and
Flatiron. The project includes building six stations along a 2.25-mile
guideway where driverless vehicles will arrive to transport passengers
every two minutes during peak periods. This new line will offer
ridership capacity of up to 10,000 passengers per hour. LAWA anticipates
that it will carry 85 million passengers per year, providing a modern,
reliable solution to help ease traffic congestion.
Following construction, LINXS Operators, comprising Fluor, ACS,
Bombardier and Hochtief, will provide approximately 25 years of
operations and maintenance services.
About Fluor Corporation
Founded in 1912, Fluor
Corporation (NYSE: FLR) is a global engineering, procurement,
fabrication, construction and maintenance company that transforms the
world by building prosperity and empowering progress. Fluor serves its
clients by designing, building and maintaining safe, well executed,
capital-efficient projects around the world. With headquarters in
Irving, Texas, Fluor ranks 153 on the Fortune 500 list with revenue of
$19.2 billion in 2018 and has more than 53,000 employees worldwide. For
more information, please visit www.fluor.com
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Brian Mershon/Brett TurnerMedia Relations469.398.7621/864.281.6976 Jason LandkamerInvestor Relations469.398.7222