This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

U.S. Army Awards Five-Year Base Operations Support Contract

Fluor Corporation (NYSE: FLR) announced today that the U.S. Department of Defense (DoD) selected Rock Island Integrated Services (RIIS), a joint venture of DEL-JEN, Inc., a Fluor company, and AECOM, to perform base operations support at the Rock Island Arsenal in Illinois, as well as at six other locations in Illinois and Iowa. Rock Island is the nation’s oldest government-owned weapons manufacturing arsenal. The RIIS companies have worked at Rock Island since 1997, earning the Occupational Excellence Achievement award for the past two years from the National Safety Council. The estimated value of the follow-on contract is approximately $109 million over five years. Fluor booked the first year’s contract value into backlog in the third quarter 2012. Additional contract values will be booked in subsequent years.

“We are pleased to be able to continue our work at Rock Island and very proud of the Army’s confidence in us to provide support to our men and women in uniform and their families,” said Bruce Stanski, president of Fluor’s Government Group. “Rock Island is home to approximately 6,000 military, civilian and contractor personnel. It’s our responsibility to ensure the base facilities and utilities continuously support this vital defense installation.”

The contract’s scope includes public works support for the hydroelectric plant; steam generating plant and natural gas boilers, facilities engineering administration, water and sanitary sewage systems; government bridge operations; electrical distribution systems; water treatment and distribution, sanitary sewage and storm water drainage systems, fire suppressant and alarm systems; buildings and structures; roads and grounds; pest management and control; family housing; as well as a variety of unscheduled services.

The majority of the work will occur at the Rock Island Arsenal main base, a 946-acre island located on the Mississippi River between Davenport, Iowa and Rock Island, Ill. The facility includes a military family housing complex, the oldest swingspan bridge still in use on the Mississippi River, and multiple historic sites such as the Rock Island National Historic Cemetery, the Colonel Davenport House Museum, and the Mississippi River Visitors Center.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $95.18 0.00%
FB $117.43 0.00%
GOOG $692.36 0.00%
TSLA $232.32 0.00%
YHOO $36.01 0.00%


Chart of I:DJI
DOW 17,750.91 -140.25 -0.78%
S&P 500 2,063.37 -18.06 -0.87%
NASDAQ 4,763.2240 -54.37 -1.13%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs