- Fluor (NYSE:FLR) +2% pre-market after it was selected by the U.S. Navy's Naval Sea Systems Command for a seven-a-half-year position on the SeaPort Next Generation multiple-award contract.
- SeaPort NxG provides for engineering and program management services that span the entire spectrum of mission areas and technical capabilities supported by the Department of the Navy.
- As a company selected for a position on SeaPort NxG, Fluor says it is eligible to compete for task orders across 23 functional areas including engineering, financial management and program management, totaling as much as $5B/year.
- Fluor is considered a potential beneficiary of the $1T bipartisan infrastructure package working its way through the U.S. Senate.