Fluor Corporation (NYSE: FLR) has announced that its joint venture team was selected as the preferred proponent to design-build, finance, operate and maintain the Los Angeles International Airport (LAX) Automated People Mover project for the Los Angeles World Airports (LAWA), the company said.
Fluor plans to book its share of the contract value later this year.
Fluor will participate in every phase of the 30-year project. Fluor is an equity member of the LAX Integrated Express Solutions (LINXS) development team, along with partners Balfour Beatty, Hochtief, ACS and Bombardier.
Fluor will also lead the design-build joint venture team, which includes LINXS Constructors, along with partners Balfour Beatty, Flatiron and Dragados. Design and construction is scheduled to begin later this year, with passenger service scheduled for 2023.
Following the construction, LINXS Operators, comprising Fluor, Bombardier, Hochtief and ACS will provide approximately 25 years of operations and maintenance services.
Fluor is a global engineering, procurement, fabrication, construction and maintenance company that designs, builds and maintains capital-efficient facilities for its clients on six continents. For more than a century, Fluor has served its clients by delivering innovative and integrated solutions across the globe. With headquarters in Irving, Texas, Fluor ranks 149 on the Fortune 500 list with revenue of USD 19 billion in 2016 and has more than 60,000 employees worldwide. For more information, visit www.fluor.com.