NYSE:TPCConstruction
Tutor Perini’s Guam Contract Expands Backlog As Valuation Gap Persists
Tutor Perini (NYSE:TPC) received a $651.8 million task order from NAVFAC Pacific to upgrade electrical infrastructure at Naval Base Guam.
The contract expands the company’s federal and defense related project portfolio and adds a multi year stream of work.
This award contributes to backlog diversity and highlights Tutor Perini’s role in large, complex government infrastructure assignments.
For investors watching NYSE:TPC, this Guam contract comes as the stock trades around $74.92, with the...