Benzinga | Sep 29, 2021 12:51PM EDT

Tutor Perini Subsidiary Black Construction Awarded $122M Military Range Project In Guam

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that its subsidiary, Black Construction Corp., has been awarded a fixed-price contract valued at approximately $122 million by the Naval Facilities Engineering Systems Command, Pacific Division, for the construction of a machine gun range at the Northwest Field, Andersen Air Force Base, Guam. The work to be performed consists of the construction of a multi-lane, multi-purpose machine gun range, a range control tower, ammunition distribution point and covered bleachers. The work also includes utilities, site work and incidental related work.

Preliminary work will begin immediately and the project is expected to be completed by October 2024. The contract value will be included in the Company's third-quarter 2021 backlog.