US Navy Awards Fluor $2.4 Billion Naval Nuclear Propulsion Deal for Submarine and Carrier Fleet

The U.S. Navy added $2.41 billion to Fluor Marine Propulsion’s existing cost-plus-fixed-fee contract for work at the Naval Nuclear Laboratory, with the modification announced on October 23, 2026. The laboratory develops and supports naval reactor technology for nuclear-powered submarines and aircraft carriers, including propulsion plants for the Columbia-class ballistic missile submarine program. Work is distributed between the Pittsburgh area, Schenectady and Idaho Falls, while only about $598,000 was obligated when the modification was awarded. Fluor’s current laboratory management period runs through September 2028, and the Pentagon notice does not identify a new program or specify the modification’s detailed work packages.