Tutor Perini Corporation, a leading construction company, announced that its joint venture with Black Construction has secured a significant task order worth approximately $181.8 million. Awarded by the Naval Facilities Engineering Systems Command Pacific, this project entails the construction of an advanced integrated air and missile defense site in Guam, complete with a power generation facility. This initiative is part of the U.S. Defense Department's Pacific Deterrence Initiative. The project is poised to start in the first quarter of 2026, with potential additional scope elements that could raise the total contract value by $12.1 million. The order will be added to Tutor Perini's backlog in the third quarter of 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tutor Perini Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250909124009) on September 09, 2025, and is solely responsible for the information contained therein.