Tutor Perini Announces Two Projects Collectively Valued at $218.8 Million

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Dec 03, 2021

Tutor Perini Corporation (NYSE: TPC) (the “Company”), a leading civil, building and specialty construction company, announced today that its subsidiary, Black Micro Construction Corp., has been awarded a firm fixed-price contract valued at $161,815,880 by the Naval Facilities Engineering Systems Command, Pacific Division (“NAVFAC Pacific”), for site development and construction of an aircraft parking apron and taxiway at the Tinian International Airport, Tinian, Commonwealth of the Northern Mariana Islands. Initial mobilization to the island will begin in April 2022, with work to commence in June and be completed by October 2025. The project will be included in the Company’s fourth-quarter 2021 backlog.