Fluor Selected for State Highway 6 Project in College Station, Texas
Fluor (NYSE: FLR) has secured a $671 million construction contract from the Texas Department of Transportation (TxDOT) for the State Highway 6 (SH 6) project in College Station, Texas. The contract will be recognized in Q1 2025.
The project involves reconstructing and widening a 12-mile stretch of highway from two lanes to three lanes in each direction. Construction is set to begin in Summer 2025 with completion expected in Spring 2030.
SH 6 serves as a important north-south highway for Bryan, College Station, Texas A&M University, and Brazos County, functioning as part of the Texas Highway Freight Network, Texas Highway Trunk System, and Hurricane Evacuation Route. Fluor, which reported revenue of $16.3 billion in 2024, continues its 25-year history of infrastructure development in Texas.
Fluor (NYSE: FLR) ha ottenuto un contratto di costruzione del valore di 671 milioni di dollari dal Dipartimento dei Trasporti del Texas (TxDOT) per il progetto della State Highway 6 (SH 6) a College Station, Texas. Il contratto sarà riconosciuto nel primo trimestre del 2025.
Il progetto prevede la ricostruzione e l'allargamento di un tratto di 12 miglia di autostrada, passando da due corsie a tre corsie in ciascuna direzione. I lavori di costruzione dovrebbero iniziare nell'estate del 2025, con completamento previsto nella primavera del 2030.
La SH 6 funge da importante autostrada nord-sud per Bryan, College Station, l'Università Texas A&M e la Contea di Brazos, facendo parte della rete autostradale per il trasporto merci del Texas, del sistema autostradale principale del Texas e della via di evacuazione in caso di uragano. Fluor, che ha riportato ricavi di 16,3 miliardi di dollari nel 2024, continua la sua storia di 25 anni nello sviluppo delle infrastrutture in Texas.
Fluor (NYSE: FLR) ha asegurado un contrato de construcción de 671 millones de dólares del Departamento de Transporte de Texas (TxDOT) para el proyecto de la State Highway 6 (SH 6) en College Station, Texas. El contrato se reconocerá en el primer trimestre de 2025.
El proyecto implica la reconstrucción y ampliación de un tramo de 12 millas de carretera, pasando de dos carriles a tres carriles en cada dirección. La construcción está programada para comenzar en el verano de 2025, con una finalización esperada en la primavera de 2030.
La SH 6 sirve como una importante carretera norte-sur para Bryan, College Station, la Universidad Texas A&M y el Condado de Brazos, funcionando como parte de la Red de Transporte de Carga de Carreteras de Texas, el Sistema de Carreteras Troncales de Texas y la Ruta de Evacuación por Huracanes. Fluor, que reportó ingresos de 16,3 mil millones de dólares en 2024, continúa su historia de 25 años en el desarrollo de infraestructura en Texas.
플루어 (NYSE: FLR)는 텍사스 교통부(TxDOT)로부터 주 고속도로 6 (SH 6) 프로젝트를 위한 6억 7,100만 달러 규모의 건설 계약을 체결했습니다. 이 계약은 2025년 1분기에 인식될 예정입니다.
이 프로젝트는 두 차선에서 각 방향으로 세 차선으로 확장하는 12마일 구간의 고속도로를 재건축하는 내용을 포함합니다. 건설은 2025년 여름에 시작될 예정이며, 2030년 봄에 완료될 것으로 예상됩니다.
SH 6는 브라이언, 칼리지 스테이션, 텍사스 A&M 대학교 및 브라조스 카운티를 위한 중요한 남북 고속도로 역할을 하며, 텍사스 고속도로 화물 네트워크, 텍사스 고속도로 주간 시스템 및 허리케인 대피 경로의 일부로 기능합니다. 2024년에 163억 달러의 수익을 보고한 플루어는 텍사스에서 25년 동안 인프라 개발의 역사를 이어가고 있습니다.
Fluor (NYSE: FLR) a obtenu un contrat de construction de 671 millions de dollars du Département des Transports du Texas (TxDOT) pour le projet de la State Highway 6 (SH 6) à College Station, au Texas. Le contrat sera reconnu au premier trimestre 2025.
Le projet implique la reconstruction et l'élargissement d'un tronçon de 12 miles d'autoroute, passant de deux voies à trois voies dans chaque direction. La construction devrait commencer à l'été 2025, avec une achèvement prévu au printemps 2030.
La SH 6 sert d'importante autoroute nord-sud pour Bryan, College Station, l'Université Texas A&M et le comté de Brazos, fonctionnant comme une partie du réseau routier de fret du Texas, du système routier principal du Texas et de la route d'évacuation en cas d'ouragan. Fluor, qui a déclaré un chiffre d'affaires de 16,3 milliards de dollars en 2024, poursuit son histoire de 25 ans dans le développement des infrastructures au Texas.
Fluor (NYSE: FLR) hat einen Bauvertrag im Wert von 671 Millionen Dollar vom Texas Department of Transportation (TxDOT) für das Projekt der State Highway 6 (SH 6) in College Station, Texas, erhalten. Der Vertrag wird im ersten Quartal 2025 anerkannt.
Das Projekt umfasst den Umbau und die Erweiterung eines 12 Meilen langen Abschnitts der Autobahn von zwei auf drei Fahrspuren in jede Richtung. Der Bau soll im Sommer 2025 beginnen, mit einer Fertigstellung, die für das Frühjahr 2030 erwartet wird.
Die SH 6 dient als wichtige Nord-Süd-Autobahn für Bryan, College Station, die Texas A&M University und den Brazos County und ist Teil des Texas Highway Freight Network, des Texas Highway Trunk Systems und der Hurricane Evacuation Route. Fluor, das 2024 einen Umsatz von 16,3 Milliarden Dollar meldete, setzt seine 25-jährige Geschichte der Infrastrukturentwicklung in Texas fort.
- Secured substantial $671 million construction contract
- Strengthens long-term partnership with Texas Department of Transportation
- Adds to existing portfolio of major infrastructure projects in Texas
- Company reported strong revenue of $16.3 billion in 2024
- Project revenue recognition delayed until Q1 2025
- Extended 5-year construction timeline may expose to cost inflation risks
Insights
The $671 million contract win for the SH 6 project represents a significant addition to Fluor's infrastructure portfolio. The contract's value and 5-year duration (2025-2030) provides substantial revenue visibility in a sector known for its stable, predictable cash flows. While bid-build contracts typically carry lower margins than design-build arrangements, they also present reduced risk profiles.
Particularly noteworthy is Fluor's continued momentum in the Texas infrastructure market, with this being their sixth major highway project in the state currently. This indicates both strong execution capabilities and established relationships with TxDOT, creating competitive moats that enhance future bid prospects. The company's nearly 25-year track record in Texas infrastructure suggests deep regional expertise that translates to efficient project delivery.
The SH 6 project's designation as part of the Texas Highway Freight Network, Hurricane Evacuation Route, and Texas Highway Trunk System elevates its regional importance and funding priority status. The work scope – widening 12 miles from two to three lanes in each direction – represents straightforward highway construction within Fluor's core competencies, minimizing execution risk while delivering essential infrastructure to a rapidly growing region.
This $671 million contract award meaningfully strengthens Fluor's backlog, representing approximately 4.1% of the company's 2024 annual revenue ($16.3B) and 10.6% of its current market capitalization. The Q1 2025 booking timing positions Fluor for a solid start to their fiscal year.
Infrastructure contracts provide valuable revenue visibility through the project lifecycle, with this award extending through 2030. This aligns with Fluor's strategic emphasis on building a more stable revenue mix alongside its higher-risk, higher-reward energy projects. The construction timeframe (Summer 2025 to Spring 2030) creates a steady, predictable revenue stream over 5 years.
The contract reinforces Fluor's competitive positioning in the public infrastructure sector during a period of increased government spending on transportation projects. While margins on bid-build highway contracts typically run in the mid-single digits, below company-wide targets, they offer more predictable execution and fewer cost overrun risks than complex industrial projects. This revenue stability and risk diversification should be viewed favorably by investors focused on Fluor's long-term financial resilience and growth prospects.
A current aerial view of SH 6 in
“This award shows Fluor’s continued commitment to executing projects in
SH 6 is a vital north-south highway that serves as a major commuter route for
Construction is scheduled to begin in Summer 2025 with substantial completion anticipated in
Fluor has been designing and building infrastructure projects in
About Fluor Corporation
Fluor Corporation (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s nearly 27,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of
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Brett Turner
Media Relations
864.281.6976
Jason Landkamer
Investor Relations
469.398.7222
Source: Fluor Corporation
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