Black Construction-Tutor Perini Joint Venture Awarded $38.3M Contract For P-324 9th Engineering Support Battalion Headquarters Project In Guam
Portfolio Pulse from Benzinga Newsdesk
The Black Construction-Tutor Perini joint venture has been awarded a $38.3 million contract for the P-324 9th Engineering Support Battalion Headquarters project in Guam. This contract highlights Tutor Perini's continued involvement in significant construction projects.
September 12, 2024 | 6:12 pm
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Tutor Perini, as part of a joint venture, has been awarded a $38.3 million contract for a construction project in Guam. This contract could positively impact Tutor Perini's revenue and project portfolio.
The award of a $38.3 million contract to the Black Construction-Tutor Perini joint venture is a significant addition to Tutor Perini's project portfolio. This contract is likely to enhance the company's revenue stream and demonstrate its capability in handling large-scale projects, which could positively influence its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80