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home / news releases / TPC - Tutor Perini secures $222M Tinian International Airport project

TPC - Tutor Perini secures $222M Tinian International Airport project

Tutor Perini Corporation

2023-04-24 06:14:23 ET

  • Civil, building and specialty construction company, Tutor Perini ( NYSE: TPC ) Guam-based subsidiary, Black Micro has been awarded a firm-fixed-price contract valued at $221.69M by the Naval Facilities Engineering Systems Command Pacific for construction at Tinian International Airport, Tinian, Commonwealth of Northern Mariana Islands (or CNMI).
  • The contract contains three unexercised options, which if exercised, would increase the cumulative contract value to $225.67M
  • Work is expected to begin immediately with substantial completion anticipated expected by October 2026.
  • The contract value will be included in the company’s Q2 2023 backlog.

For further details see:

Tutor Perini secures $222M Tinian International Airport project
Stock Information
Company Name: Tutor Perini Corporation
Stock Symbol: TPC
Market: NYSE
Website: tutorperini.com
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