Tutor Perini Unit Awarded $43 Million US Coast Guard Contract

10:20 AM EDT, 09/24/2026 (MT Newswires) -- Tutor Perini (TPC) said Thursday that its subsidiary, Perini Management Services, was awarded a roughly $43 million contract to design and construct improvements at the US Coast Guard's property at East Tongue Point in Astoria, Oregon. The project involves constructing facilities to accommodate the homeporting of four Fast Response Cutters, including a new fixed pier, two floating docks and a new uplands Maintenance Weapons Division cutter support facility. Design work is slated to begin in late September, with substantial completion anticipated in May 2029. The contract value will be added to the company's backlog in Q3, according to the company. Price: 83.67, Change: -0.69, Percent Change: -0.82