A subsidiary of Tutor Perini Corp. has won a contract worth $104 million from the U.S. Air Force to design and construct facilities for the Royal Saudi Air Force, the company announced Tuesday.
The Sylmar construction company will build multiple projects for RSAF, including a squadron operations facility, three aircraft maintenance hangers, a storage facility, a water and fire protection system pump building and a gatehouse, as well as an apron, shoulders and taxiways for aircraft.
Construction in Saudi Arabia will begin in the spring of 2019 with completion in 2021. Architecture and engineering services will be provided by Tetra Tech Inc. in Pasadena.
This is the second RSAF Foreign Military Sales project awarded to Perini Management Services. The first project, awarded in 2017, is about 70 percent complete.
Shares of Tutor Perini (TPC) closed Tuesday up 25 percent, or 1.5 percent, to $16.88 on the New York Stock Exchange.