Tutor Perini Bags $122M Military Range Project In Guam


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  • Tutor Perini Corp (NYSE:TPC) subsidiary Black Construction Corphas secured a fixed-price contract valued at ~$122 million from the Naval Facilities Engineering Systems Command, Pacific Division.
  • The contract is for constructing a machine gun range at the Northwest Field, Andersen Air Force Base, Guam. 
  • The work to be performed includes constructing a multi-lane, multi-purpose machine gun range, a range control tower, ammunition distribution point, and covered bleachers. 
  • The company is to begin the preliminary work immediately and complete the project by October 2024.
  • Tutor Perini will include the contract value in its third-quarter 2021 backlog.
  • Price Action: TPC shares closed higher by 1.15% at $13.20 on Wednesday.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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