Fluor

Fluor (United States) is the lead partner responsible for the management and operation of the US nuclear weapons facilities at Savannah River South Carolina. Fluor is responsible for managing the nuclear arsenal at the sites (Savannah River Site and Savannah River National Laboratory) among other tasks.

Company profile

Fluor, based in the US, provides complex engineering, procurement, construction, and maintenance projects for commercial and government clients.[1]

In the year ending 31 December 2016, Fluor generated revenues of US$ 19.0 billion (€ 18 billion), resulting in an operating income of US$ 546.6 million (€ 518.7 million) and a net income of US$ 281.4 million (€ 267.1 million).[2]

Contact Information

 

Contact Information

Website: Twitter:
www.fluor.com @FluorCorp

Fluor Corporation (Headquarters)

6700 Las Colinas Blvd Irving, TX 75039 U.S.A.

+1.469.398.7000

Nuclear weapons

Fluor is the lead partner in Savannah River Nuclear Solutions (SRNS), a joint venture with Honeywell and Newport News Nuclear (part of Huntington Ingalls).[3] SRNS was responsible for the management and operation of the Department of Energy’s Savannah River Site and Savannah River National Laboratory in South Carolina under a US$ 4 billion (€ 2.7 billion) five-year contract until 2013. The extension brings the total value of the SRNS contract to approximately US$ 8 billion (€ 5.4 billion).[4] In 2016 and 2017 various modifications were made to the SRNS contract.[5] In August 2016, Fluor announced that the Department of Energy extended the current management and operating contract at the SRNS to July 2018.[6]

SRNS is responsible for site management and operation, environmental management, management of the nuclear arsenal, the removal of excess nuclear materials, and environmental services. The Tritium Extraction Facility at the Savannah River Site is the only source of new tritium for the US nuclear stock. Tritium, a radioactive form of hydrogen (also called “super heavy water”), is essential for the continued operation of the US nuclear arsenal.[7]

Investors

Investors

The following financial institutions made approximately US$ 18,276 million available to this producer between January 2014 and October 2017.

  • ABP (Netherlands)
  • AG2R (France)
  • Allianz (Germany)
  • American Financial Group (United States)
  • American International Group (AIG) (United States)
  • American National Insurance (United States)
  • American United Mutual Insurance (United States)
  • ANZ (Australia)
  • Ariel Capital Holdings (United States)
  • Artisan Partners (United States)
  • Auto-Owners Insurance (United States)
  • Bank of America (United States)
  • Bank of New York Mellon (United States)
  • Banque Degroof Petercam (Belgium)
  • Barclays (United Kingdom)
  • Bessemer Group (United States)
  • BlackRock (United States)
  • BNP Paribas (France)
  • Cathay Life Insurance (Taiwan)
  • Charles Schwab (United States)
  • CI Financial (Canada)
  • Citigroup (United States)
  • Crédit Agricole (France)
  • Dimensional Fund Advisors (United States)
  • Fairview Capital Investment Management (United States)

 

  • Fidelity Investments (United States)
  • Geode Capital Management (United States)
  • Goldman Sachs (United States)
  • Guggenheim Capital (United States)
  • Holowesko Partners (Bahamas)
  • HSBC (United Kingdom)
  • ING Group (Netherlands)
  • Intesa Sanpaolo (Italy)
  • Invesco (United Kingdom)
  • JPMorgan Chase (United States)
  • Julius Bär (Italy)
  • Knights of Columbus (United States)
  • Legal & General (United Kingdom)
  • Legg Mason (United States)
  • Letko Brosseau & Associates (Canada)
  • Lloyds Banking Group (United Kingdom)
  • Loews Corporation (United States)
  • LSV Asset Management (United States)
  • Manning & Napier (United States)
  • MetLife (United States)
  • Mitsubishi UFJ Financial (Japan)
  • Mizuho Financial (Japan)
  • Modern Woodmen of America (United States)
  • Morgan Stanley (United States)
  • National Western Life Group (United States)

 

  • Norges Bank (Norway)
  • Northern Trust (United States)
  • Old Republic International (United States)
  • Orix Corporation (Japan)
  • Pacific Asset Management (United States)
  • Pacific Century Group (China)
  • Prudential Financial (US) (United States)
  • Regions Financial (United States)
  • Royal Bank of Canada (Canada)
  • Santander (Spain)
  • Scotiabank (Canada)
  • Standard Chartered (United Kingdom)
  • State Farm (United States)
  • State Street (United States)
  • Sumitomo Mitsui Financial (Japan)
  • Sun Life Financial (Canada)
  • TIAA (United States)
  • Travelers (United States)
  • Two Sigma Investments (United States)
  • UBS (Switzerland)
  • United Services Automobile Association (United States)
  • US Bancorp (United States)
  • Vanguard (United States)
  • Wells Fargo (United States)
  • Westpac (Australia)

 

Notes

Notes

[1]     Fluor, “Client Markets”, Website Fluor (www.fluor.com/client-markets), viewed August 2017.

[2]     Fluor, “Annual Report 2016”, Fluor, February 2017.

[3]     SRNS, “Our parent companies”, Website SRNS (www.savannahrivernuclearsolutions.com/about/parent.htm), viewed August 2017.

[4]     Huntington Ingalls, “Annual Report 2015 ”, Huntington Ingalls, February 2016;
US Department of Energy, “DOE to Extend Savannah River Nuclear Solutions Contract at Savannah River Site to September 2016”, US Department of Energy, 6 September 2012 (energy.gov/em/articles/doe-extend-savannah-river-nuclear-solutions-contract-savannah-river).

[5]     US Department of Energy, “Modifications to Contract No. DE-AC09-08SR22470 Starting With Modification A002”, Savannah River Operations Office, 7 August 2017 (www.srcontracts.srs.gov/srns_modifications.html).

[6]     Fluor, “Projects – Savannah River Site Management & Operations”, Website Fluor,  9 August 2017(www.fluor.com/projects/savannah-river-nuclear-management-operations)

[7]     Fluor, “USDOE Savannah River Nuclear Site Management & Operations”, Website Fluor (www.fluor.com/projects/savannah-river-nuclear-management-operations), viewed June 2016;
SRNS, “Defense Programs”, Website Savannah River Nuclear Solutions (www.savannahrivernuclearsolutions.com/programs/def_prgms01.htm), viewed August 2017.

This page was last updated 22 January 2018.

Top 20 Producers

Looking for information on other nuclear weapon associated companies? Check here.

In some nuclear-armed states – in particular the United States, the United Kingdom and France – private companies are hired by governments to carry out work on maintaining and modernising nuclear arsenals.

This report looks at the top 20 companies that are providing the necessary components to develop, test, maintain and modernise nuclear weapons.The contracts these companies have with nuclear armed countries are for materials and services to keep nuclear weapons in their arsenals. The companies described are substantially involved in the nuclear weapons programmes of the United States, the United Kingdom, France, or India and are themselves based in France, India, the Netherlands, the United Kingdom and the United States. More information on other companies involved in nuclear arsenals, not listed in the top 20, can be found here.

In other nuclear-armed countries –Russia, China, Pakistan and North Korea – the maintenance and modernization of nuclear forces is carried out primarily or exclusively by government agencies.

Methodology

The nuclear weapon producers identified were selected on the basis of a predetermined set of criteria.
– Information on investments is publicly available.
– The company is directly involved in the development, testing, production, maintenance or trade of nuclear weapons related technology, parts, products or services.
– The company’s involvement is related to warheads, or to delivery systems such as missiles, that are specifically developed for nuclear tasks. This includes technology that is designed for ‘dual use’ (military and civilian) but excludes technology that is not designed for, but can be used in nuclear warfare. It does not include delivery platforms such as bombers and submarines.

State owned or controlled nuclear industries are outside the scope of this research, as are companies not publicly listed. Our research uncovered a number of Universities involved in nuclear weapons programmes, but these are also outside the scope of the report.

The list of nuclear weapon producers investigated was compiled through a wide variety of sources, including financial institution exclusion lists, civil society reports, media reports, etc. Additional details on the contracts and components is on the website.
We welcome information at any time about possible nuclear weapon producing companies to investigate.