Fluor Corporation 10-Q filed Aug 7, 2026

Modified · Developments in Our Business

We continue to see strong client engagement across many of our end markets and have . We recently won several front-endsignificant awards that could lead including a limited notice to significant full awards in the coming quarters. The pipeline of opportunities continues to show strength, particularly where demand proceed on LNG Canada Phase 2, a feasibility study for the Woodsmith mining project in energy, commodities England and advanced technologies are driving investment. Our teams are progressing engineering and design work so projects can move expeditiously once final investment decisions are made. While one mining project in the Middle East has slowed down due a multi-year contract for EPC services for a uranium enrichment facility in the U.S. Additionally, we entered into a long-term agreement with Aramco to support its global capital projects portfolio. The pipeline of opportunities continues to geopolitical concernsshow strength, we continue to advance other projects particularly where demand in the regionenergy, commodities and are well positioned to participate in rebuilding efforts once the hostilities subsideadvanced technologies are driving investment. We are also well positioned for global projects driven by energy closely monitoring Middle East events, other geopolitical factors and commodity diversification as a result of geopolitical concerns caused by the conflict. We are also currently positioning for project work in Venezuela as that market stabilizes escalation pressures and their potential impact on business opportunities and developsrisks.