Fluor's Q2 New Orders Surge to $6.1 Billion, Nuclear Fuel Enrichment Projects Boost Backlog to $26.9 Billion
U.S. engineering and construction giant Fluor demonstrated a clear acceleration in order intake in the second quarter of 2026, with new project awards reaching $6.1 billion, significantly higher than the $1.8 billion recorded in the same period last year. Among these, nuclear fuel enrichment projects emerged as a key highlight, driving the company's ending backlog to $26.9 billion. The rapid expansion in order volume indicates that customer demand for its engineering, procurement, and construction capabilities is recovering, and also reflects the tangible results of converting earlier front-end design and project development work. In terms of contract structure, 89% of Fluor's new orders this quarter were reimbursable contracts, while reimbursable contracts also accounted for 85% of total backlog, up from 80% in the same period last year....
2026-08-09
