Monitor TPC's next quarterly backlog disclosure for inclusion of this award. The contract is modest relative to revenue but reinforces TPC's position in federal construction. No immediate stock catalyst — treat as a routine backlog addition.
Price Chart
Executive Summary
Tutor Perini Corp (TPC) was awarded a $61.6M design-build contract by the Department of Homeland Security (US Coast Guard) for a child development center at Coast Guard Base Kodiak, Alaska. This is a notable mid-sized award for the company, representing approximately 1.6% of its annual revenue, and signals continued federal infrastructure project wins.
Key Financial Metrics
Key Facts
- Award amount: $61,596,968 from Department of Homeland Security (US Coast Guard)
- Contract type: Design-build construction services for a Child Development Center at Coast Guard Base Kodiak, Alaska
- Start date: 2026-05-12
- Award represents ~1.6% of TPC's annual revenue (based on $3.8B market cap and typical construction revenue multiples)
Financial Impact
$61.6M contract award, approximately 1.6% of annual revenue
Risk Factors
- Execution risk on remote Alaska project (logistics, weather delays)
- Government funding risk (continuing resolutions, sequestration)
- Contract modifications or scope changes could affect final value
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 federal contract record from official U.S. government contract data.
| Document | Accession Number |
|---|---|
| GOVT-CONTRACT Data (Synthetic) | contract-70Z05026F43000010 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 13, 2026 14d ago | 8-K | $83.26 | awaiting T+20 | — | $80.18 (−3.71%) |
Sep 30, 2026 27d ago | GOVT-CONTRACT | $83.26 | awaiting T+20 | — | $80.18 (−3.71%) |
Sep 11, 2026 6w ago | GOVT-CONTRACT | $84.51 $83.49 | ▼ −1.21% | ▼ −3.72% | $80.18 (−5.13%) |
Sep 2, 2026 7w ago | Insider Cluster | $87.32 $86.73 | ▲ +0.68% | ▲ +0.47% | $80.18 (+8.18%) |
Sep 2, 2026 7w ago | GOVT-CONTRACT | $87.32 $86.73 | ▼ −0.68% | ▼ −0.22% | $80.18 (−8.18%) |
Aug 13, 2026 10w ago | GOVT-CONTRACT | $96.82 $84.51 | ▼ −12.71% | ▼ −10.72% | $80.18 (−17.19%) |
Jul 6, 2026 16w ago | 8-K | $79.91 $83.75 | ▲ +4.81% | ▲ +5.37% | $80.18 (+0.33%) |
May 26, 2026 21w ago | 8-K | $74.47 $81.56 | ▲ +9.52% | ▲ +11.42% | $80.18 (+7.66%) |
May 12, 2026 24w ago | GOVT-CONTRACT | $80.50 $73.54 | ▼ −8.65% | ▼ −8.03% | $80.18 (−0.40%) |
May 8, 2026 24w ago | GOVT-CONTRACT | $82.64 $71.41 | ▼ −13.59% | ▼ −13.29% | $80.18 (−2.99%) |
US Market Status
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