Fluor Corporation (NYSE: FLR) announced today that the company has reached a teaming agreement with Boeing (NYSE: BA) to pursue work from the United States Department of Energy (DOE) at its Sandia National Laboratories.
Sandia is a government-owned, contractor-operated facility that is
managed on behalf of the DOE's National Nuclear Security Administration (NNSA). Sandia has major facilities in Albuquerque, N.M., and Livermore, Calif., and an annual operating budget of approximately $2.5 billion. The current contract expires in September 2012.