Tutor Perini's PMSI Bags ~35.8M Contract From U.S. Army Corps Of Engineers, Omaha District, For Construction Of Tool And Die Facility At Iowa Army Ammunition Plant In Middletown

Tutor Perini Corporation (NYSE:TPC) (the "Company"), a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc. (PMSI), has been awarded a contract valued at approximately $35.8 million by the U.S. Army Corps of Engineers, Omaha District, for the construction of a new Tool and Die Facility at the Iowa Army Ammunition Plant in Middletown, IA.

The new Tool and Die facility will include approximately 56,000 square feet of industrial space. The project includes site development, utilities, and infrastructure; structural steel and concrete systems; architectural finishes; heating, ventilation and air conditioning (HVAC), plumbing, and fire protection systems; electrical distribution and lighting; a facility-scale solar photovoltaic system; telecommunications and electronic security systems; and installation of overhead bridge cranes. The facility is designed to meet LEED Silver certification and includes commissioning of major systems to ensure performance and sustainability. The project also includes the relocation of existing equipment from the current facility.

Work commenced in November 2025 with substantial completion anticipated in June 2027. The contract value was added to the Company's backlog in the third quarter of 2025.