Tutor Perini Corporation Secures $113.3M Missile Facility Project
Major Contract Win for Tutor Perini Corporation
Tutor Perini Corporation (NYSE: TPC), recognized for its role in civil, building, and specialty construction, has achieved a significant milestone with its award of a $113.3 million contract. This prestigious contract, issued by the Naval Facilities Engineering Systems Command, Pacific, focuses on the construction of the P-541 Missile Integration Test Facility located at Naval Base Guam. This contract is part of a broader initiative aimed at enhancing national security through advanced military infrastructure.
Details of the Construction Project
The construction project entails a comprehensive scope of work that includes the development of a state-of-the-art, single-story test facility. Spanning an impressive 57,664 square feet, the facility will be constructed on a deep pile foundation to ensure its stability and operational effectiveness. Key features of the facility include missile processing areas, a dedicated missile test cell equipped with a test control room, an administrative suite, and various storage and utility rooms. Additionally, the project will involve the demolition of an existing building and the enhancement of associated site features to support the new facility.
Comprehensive Facility Features
The technological aspects of the P-541 facility are designed to meet rigorous military standards and needs. The facility will be outfitted with advanced plumbing systems, climate control for air conditioning and ventilation, robust electrical power setups, telecommunications systems, and life safety protocols. Moreover, it will include a highly reliable emergency power generator along with a dedicated fuel tank, ensuring uninterrupted operations during critical testing scenarios.
Project Timeline and Future Prospects
Work on this vital project is expected to commence in the near future, with substantial completion anticipated by December 2028. The contract was successfully integrated into Tutor Perini’s backlog during the third quarter of 2024, reflecting the company's strategy to expand its operations in the defense sector.
About Tutor Perini Corporation
Tutor Perini Corporation has a long-standing history in the construction industry, with its services spanning a broad array of sectors. Established in 1894, the company has built a solid reputation by managing and executing large and complex construction projects globally. Tutor Perini offers a full range of services, including general contracting, pre-construction planning, and extensive project management. Their expertise encompasses site work, concrete construction, steel erection, as well as mechanical and electrical work, air conditioning, and additional specialized services.
Frequently Asked Questions
What is the value of the contract awarded to Tutor Perini Corporation?
The contract awarded is valued at approximately $113.3 million.
What is the purpose of the P-541 Missile Integration Test Facility?
The facility is designed to support missile processing and testing associated with military operations.
When is the completion date for the project?
Substantial completion is anticipated in December 2028.
What company is involved in the construction along with Tutor Perini Corporation?
Black Construction Corporation, a subsidiary of Tutor Perini, is involved in the joint venture.
What services does Tutor Perini Corporation offer?
Tutor Perini provides general contracting, project management, and specialized construction services including HVAC and plumbing, among others.
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