Tutor Perini unit wins $315M U.S. Coast Guard fuel pier contract

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Summary · why it matters

Tutor Perini said its subsidiary, Perini Management Services, has been awarded a contract worth about $315M by the U.S. Coast Guard to build a new fuel pier at USCG Base Kodiak in Alaska. The accelerated design-build-to-budget project will expand dock capacity to accommodate up to two major cutter berths. It also includes unexploded ordnance removal, waterfront improvements, a new fueling utility building, utilities, cutter shore ties, and other site improvements. Design work began in late September, with substantial completion expected in September 2030. The contract will be included in Tutor Perini's third-quarter 2026 backlog.

Impact on assets 1

Industrials▲ · 1 stocks
Tutor Perini Corporation
TPC
▲ PositiveDemandrelevance

Tutor Perini's subsidiary won a ~$315M U.S. Coast Guard contract to build a new fuel pier at Kodiak, adding to its backlog.

Off-coverage companies 1

Perini Management ServicesPrivate▲ Positive
Demandrelevance

Perini Management Services was awarded the ~$315M Coast Guard fuel pier design-build contract.