Fluor 2014 Annual Report Download - page 19

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2014 ANNUAL REPORT 17
The
Outlook
As the world continues to develop, the demand for
infrastructure and mined commodities will rise.
The mega-projects that best suit Fluor’s capabilities
typically have a long gestation period. We get involved
early, leveraging our deep experience and strong
relationships to be in the best position to win additional
work. Fluor is one of the few companies that have the
scale and financial strength to build the world’s largest
and most challenging projects.
North America continues to be our primary infrastructure
market. We continue to look at opportunities abroad
as well. We are striving to sell more Fluor capabilities on
every project, and our clients are seeing the value. They want
the assurance of a top-tier contractor, and our proven track
record of execution is making Fluor the obvious choice.
Excellent execution is only possible through excellent
people. We will continue to earn our reputation as the
industry’s preferred employer. The best people want to work
for us because they want to work on some of the world’s
most challenging projects. They also want the job continuity
a company the size of Fluor can provide. Our ability to
redeploy skilled people quickly across Fluor groups allows
us to give clients our best, which helps us capture more
projects and market share.
2012
2013
2014
NEW AWARDS BACKLOG
10.4
17.2
6.6
10.5
2012
2013
2014
177
476
391
3.3
7.3
NEW AWARDS AND BACKLOG SEGMENT PR O FIT
(Dollars in Billions) (Dollars in Millions)
Industrial &
Industrial &
Infrastructure
Infrastructure