Fluor(FLR) - 2024 Q1 - Earnings Call Transcript

Yes, I'd agree with you. I mean I would expect that about 80% reimbursable to would be there or higher by the end of the year based on what we're seeing, right? We've just had very few -- the current $35 billion we're chasing in the next 4 quarters, I think there's just a couple of lump-sum prospects in there. So the reimbursable prospects -- projects will continue to go up in backlog, and we expect a higher margin profile to continue. Obviously, ATLS, we talked about it a lot today as far as cadence across ...