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Stock impact report

Tutor Perini/O&G JV lands $1.2B Newark AirTrain job [Yahoo! Finance]

Tutor Perini Corporation (TPC) 
Last tutor perini corporation earnings: 2/26 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Award: AirTrain replacement project Value: $1.18 billion Location: Newark Liberty International Airport, New Jersey Client: Port Authority of New York and New Jersey The Port Authority of New York and New Jersey has awarded a $1.18 billion contract to a Tutor Perini and O&G Industries joint venture for the new AirTrain project at Newark Liberty International Airport, according to a Nov. 14 news release. The joint venture will design and build 2.5 miles of elevated track and three new stations to replace the airport's existing rail system. The original tracks opened in 1996 and haven't been able to keep up with increased travel volumes since the opening of the airport's large Terminal A in 2023, according to the release. “As we work on a modern new airport in Newark that will include new or expanded airport facilities, a reliable on-airport mass transit system will ensure that passengers and airport workers can get to where they need to go on a new state-of-the-art Show less Read more
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