Tutor Perini Subsidiary Awarded $315M Contract by U.S. Coast Guard
Tutor Perini (TPC) announced that its subsidiary, Perini Management Services, has been awarded a $315 million contract from the U.S. Coast Guard to construct a new fuel pier at USCG Base Kodiak in Alaska. The project is an accelerated design-build-to-budget initiative aimed at expanding infrastructure capabilities. This significant government contract highlights Tutor Perini's continued involvement in large-scale public works projects and reflects confidence in its construction expertise. The deal could provide a meaningful boost to the company’s revenue stream, particularly as it relates to federal contracts during this fiscal period.
Tickers: $TPC
Topics: construction defense infrastructure