Tutor Perini unit wins $42M construction contract in Saudi Arabia

Tutor Perini Corporation (NYSE: TPC) announced that its subsidiary, Perini Management Services, Inc., has been awarded a contract valued at approximately $42 million by the U.S. Army Corps of Engineers, Middle East District, Southwestern Division.

The contract covers the completion of construction work at Tabuk Air Base in Saudi Arabia, including a helicopter maintenance hangar, warehouse facility, and Ground Support Equipment facility to support the Royal Saudi Land Forces Aviation Corps.

The project scope also includes integration of the new facilities with existing infrastructure, such as airfield pavements, airfield lighting connections, airfield markings, site grading, landscaping, utilities, and utility connections.

According to the company's press release, design work is expected to begin in September 2026, with substantial completion anticipated in September 2028. The contract value will be added to the company's backlog in the third quarter of 2026.

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