AP NEWS

Black Construction Corp. Awarded $82 Million Aircraft Maintenance Facility and Corrosion Control Hangar Project in Guam

September 25, 2018

LOS ANGELES--(BUSINESS WIRE)--Sep 25, 2018--Tutor Perini Corporation (NYSE: TPC), a leading civil, building and specialty construction company, today announced that its subsidiary, Black Construction Corp., has been awarded a fixed-price contract valued at approximately $82 million by the U.S. Naval Facilities Engineering Command for the design and construction of an aircraft maintenance facility and a corrosion control hangar with supporting facilities at Joint Region Marianas, Andersen Air Force Base. The scope of work includes the design and construction of (1) a low-rise airframes shop facility with slab-on-grade shallow foundation, reinforced concrete walls and roof, including windows, mechanical, and electrical systems appropriate to Guam earthquake and environmental conditions; and (2) a high-bay corrosion control hangar consisting of two bays: a planned maintenance interval bay and a corrosion control bay.

Work will be performed in Yigo, Guam, and is expected to be completed by January 2021. The contract value will be included in the Company’s third quarter 2018 backlog.

About Tutor Perini Corporation

Tutor Perini Corporation is a leading civil, building and specialty construction company offering diversified general contracting and design-build services to private clients and public agencies throughout the world. We have provided construction services since 1894 and have established a strong reputation within our markets by executing large, complex projects on time and within budget while adhering to strict quality control measures.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180925006241/en/

CONTACT: Tutor Perini Corporation

Jorge Casado, 818-362-8391

Vice President, Investor Relations and Corporate Communications

www.tutorperini.com

KEYWORD: UNITED STATES NORTH AMERICA AUSTRALIA/OCEANIA CALIFORNIA GUAM

INDUSTRY KEYWORD: BUILDING SYSTEMS TRANSPORT AIR MANUFACTURING ENGINEERING ARCHITECTURE DEFENSE OTHER DEFENSE CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE

SOURCE: Tutor Perini Corporation

Copyright Business Wire 2018.

PUB: 09/25/2018 06:11 PM/DISC: 09/25/2018 06:11 PM

http://www.businesswire.com/news/home/20180925006241/en

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