Army Corps Awards Fluor $1.5 billion contract.Fluor Corp. got $1.5 billion worth of good news from the U.S. military last week when the Army Corps of Engineers awarded up to $15 billion in general construction contracts that will be split by 10 engineering companies. Each winner is set to get up to $500 million worth of work in the first year of the five-year deals, with the possibility of $250 million in each of the next four years. The contract win takes some of the sting out of Fluor's loss on $1.8 billion in Iraq reconstruction work that rival Bechtel nabbed from the U.S. Agency for International Development. Fluor previously had lost on $1 billion worth of work to San Francisco-based Bechtel following the battle to oust oust tr.v. oust·ed, oust·ing, ousts 1. To eject from a position or place; force out: "the American Revolution, which ousted the English" Virginia S. Eifert. Saddam Hussein Saddam Hussein (born April 28, 1937, Tikrit, Iraq—died Dec. 30, 2006, Baghdad) President of Iraq (1979–2003). He joined the Ba'th Party in 1957. Following participation in a failed attempt to assassinate Iraqi Pres. from Iraq. The $15 billion in contracts aren't limited to work in Iraq. Orange County-based Fluor and the other engineering companies could be called upon to work "anywhere within the Central Command's area of operations An operational area defined by the joint force commander for land and naval forces. Areas of operation do not typically encompass the entire operational area of the joint force commander, but should be large enough for component commanders to accomplish their missions and protect their ," said Joan Kibler, spokeswoman for the Army Corps' Winchester, Va.-based Transatlantic Programs Center. The U.S. Central Command is active in 25 countries, including Iraq and Afghanistan. Kibler said it was too early to say how much of the $1.5 billion in Fluor work would take place in Iraq. "Certainly the new contracts could be used in places like Kuwait, Qatar or Bahrain, where we've had a number of programs," Kibler said. "Afghanistan is a likely area because we have a significant amount of work there building barracks bar·rack 1 tr.v. bar·racked, bar·rack·ing, bar·racks To house (soldiers, for example) in quarters. n. 1. A building or group of buildings used to house military personnel. for that country's national army." Fluor could be asked to do restoration, renovation or repair work, temporary base operations and short-term Short-term Any investments with a maturity of one year or less. short-term 1. Of or relating to a gain or loss on the value of an asset that has been held less than a specified period of time. operations and maintenance services. Fluor already has completed $300 million of work on a similar Army Corps contract that calls for the company to restore and maintain the electrical grid in Iraq. That work could increase to $500 million in value. Other companies winning a piece of the $15 billion included Parsons Parsons, city (1990 pop. 11,924), Labette co., SE Kans.; inc. 1871. It is a shipping point for dairy products, grain, and livestock. Manufactures include ammunition, wire and paper products, plastics, and appliances. Corp., a venture between Washington Group International Inc. and Black & Veatch Holding Co., and Kellogg Brown & Root Services Inc., a unit of Houston-based Halliburton Co. CHRIS CZIBORR Orange County Business Journal  An editor has expressed concern that this article or section is .Please help improve the article by adding information and sources on neglected viewpoints, or by summarizing and |
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