Tutor Perini Corporation

Tutor Perini has been awarded a task order valued at approximately $651.8 million by the Naval Facilities Engineering Systems Command (NAVFAC) Pacific for Project P‑1181, Harden Critical Feeders on Naval Base Guam. The project was awarded under NAVFAC Pacific’s Facilities and Infrastructure Multiple Award Construction Contract. The purpose of the project is to replace existing primary and secondary overhead electrical distribution feeders with new underground circuit conductors within concrete-encased duct banks to improve electrical system resiliency and reliability for facilities on Naval Base Guam. The project will be executed through a joint venture involving the Company and its Guam-based wholly owned subsidiary, Black Construction Corporation. Gary Smalley, Tutor Perini’s CEO and President commented, “This new award represents our latest major project in Guam, and we are continuing to pursue various other significant opportunities there and throughout the Indo-Pacific region. We are pleased to continue supporting the U.S. government’s infrastructure priorities, including those under the Pacific Deterrence Initiative.” Design will begin in August 2026 with construction to begin in April 2027. Substantial completion is anticipated in June 2031. The task order value will be included in the Company’s backlog for the second quarter of 2026....Show more

Tutor Perini subsidiary, Roy Anderson Corp, has been awarded a contract valued at approximately $114 million for the Jones Hall Project at the University of Mississippi (“Ole Miss”) in Oxford, MS. The scope of work includes construction of a new four-story, approximately 110,000-square-foot academic facility that will serve as the home of the nationally recognized Patterson School of Accountancy. Located adjacent to the university's iconic Grove, the project includes modern classrooms, auditoriums, collaborative learning spaces, faculty and administrative offices, and student support areas designed to accommodate future program growth and enhance the educational experience for generations of Ole Miss students. Work is expected to commence in June 2026 with substantial completion anticipated in December 2028. The contract value will be reflected in the Company's backlog for the second quarter of 2026. Rendering of Jones Hall at the University of Mississippi (Ole Miss) (Source: University of Mississippi Foundation)...Show more

Tutor Perini subsidiary, Roy Anderson Corp, has been awarded a contract valued at approximately $114 million for the Jones Hall Project at the University of Mississippi (“Ole Miss”) in Oxford, MS. The scope of work includes construction of a new four-story, approximately 110,000-square-foot academic facility that will serve as the home of the nationally recognized Patterson School of Accountancy. Located adjacent to the university's iconic Grove, the project includes modern classrooms, auditoriums, collaborative learning spaces, faculty and administrative offices, and student support areas designed to accommodate future program growth and enhance the educational experience for generations of Ole Miss students. Work is expected to commence in June 2026 with substantial completion anticipated in December 2028. The contract value will be reflected in the Company's backlog for the second quarter of 2026. Rendering of Jones Hall at the University of Mississippi (Ole Miss) (Source: University of Mississippi Foundation)

Tutor Perini subsidiary, Fisk Electric Company (“Fisk”), has been awarded an electrical project for an advanced manufacturing and data center infrastructure facility in Houston, TX. The contract value is approximately $48 million. The project encompasses 115,000 square feet of space within a 273,000 gross-square-foot facility and is being delivered on a fast-paced schedule with completion targeted by the end of 2026. The facility manufactures and assembles high-tech electronics and data center infrastructure products with a heavy focus on AI-related hardware, requiring highly reliable, scalable, and resilient electrical systems to support next-generation manufacturing environments. Fisk’s electrical scope of work supports advanced production and AI hardware assembly, emphasizing power density, system redundancy, and future expandability. Due to the aggressive schedule and technical complexity, the project team is executing overlapping phases of design coordination, procurement, and construction to maintain schedule certainty while meeting strict quality and safety standards....Show more

Tutor Perini Corporation subsidiary, Perini Management Services, Inc. (PMSI), has been awarded a contract valued at approximately $81.8 million by the U.S. Coast Guard (USCG), for the design and construction of the Family Housing Phase IV and Aviation Hill Water Tank at Nemetz Park Site, USCG Base Kodiak in Alaska. The project scope of work includes design and construction of 30 family housing units (20 three-bedroom and 10 four-bedroom units) in 15 duplex configurations. The project includes demolition, utilities, roads, sidewalks, and other site improvements. The project also includes the replacement of the existing 653,800-gallon Aviation Hill water storage tank and associated tie-ins to the Base Kodiak water system to support fire protection and domestic water services....Show more

Tutor Perini Corporation subsidiary, Perini Management Services, Inc. (PMSI), has been awarded a contract valued at approximately $61.6 million by the U.S. Coast Guard (USCG), for the design and construction of a new Child Development Center (CDC) at USCG Base Kodiak in Alaska. The contract includes the design and construction of a Child Development Center with capacity for 232 children, totaling approximately 34,000 square feet. The scope of work also includes site development, utility installations, outdoor play areas, parking facilities, and supporting site improvements necessary for CDC operations. Additional work includes demolition of existing housing structures, environmental compliance activities, and required permitting and approvals....Show more