Tutor Perini Corp.
Tutor Perini Corp. has been awarded a $315 million contract by the U.S. Coast Guard to design and construct a new fuel pier and major cutter mooring at Base Kodiak, Alaska.
Why it matters for sellers
Revenue momentum = expansion budgets unlocking
Signal details
- Counterparty
- U.S. Coast Guard
- Event date
- September 11, 2026
- Reported
- September 23, 2026
- Source
- gcaptain.com
From the coverage · gcaptain.com
S. Coast Guard has awarded a $315 million contract to Tutor Perini Corp. S. Arctic operations. The contract, awarded Sept. 11, covers design and construction of a new fuel pier capable of receiving fuel deliveries and providing berthing for up to two major cutters. Work is expected to be completed in fall 2030. “This contract represents a major investment in the infrastructure that supports Coast Guard crews and families in Alaska,” Coast Guard Commandant Adm. Kevin Lunday said. ” The project includes waterfront grading and ground stabilization, a new fueling utility building, cutter shore connections, water and sewage infrastructure, information technology systems and safety equipment.
The Coast Guard also plans unexploded ordnance removal as part of the work. A recent Coast Guard environmental review of the project also calls for demolition of the existing fuel pier. The investment comes as Kodiak is being positioned as one of the Coast Guard’s primary Arctic operating bases. The Coast Guard announced in June that it will homeport its first two Arctic Security Cutters in Kodiak , with a third planned for Seward once supporting infrastructure is ready. The first Arctic Security Cutter is expected to be delivered in 2028. That timeline means the broader infrastructure buildout at Kodiak will continue after the first new icebreaker is scheduled to arrive.
The Coast Guard is also adding housing and support facilities at the base. 4 million for 30 family housing units and a new child development center. The Coast Guard said those projects are intended to support growing personnel requirements at Base Kodiak . The buildup comes as the Coast Guard faces pressure to expand its presence in an increasingly active Arctic while operating with a small icebreaker fleet. The medium icebreaker Healy remains sidelined in Seattle following a July engineering casualty that forced the Coast Guard to cancel its planned 2026 high-latitude summer mission.
Get signals like this for every account you sell to
Our engine detects, verifies, and deduplicates thousands of buying signals every day across 50M+ companies — delivered via API, GCS push, or flat file.
More from the last 24 hours
Paramount
MergerThe merger between Paramount and Warner Bros. Discovery is expected to close within two weeks after reaching a settlement with California and 11 other states over antitrust concerns related to the $111 billion deal.
Bird.com
Funding RoundAI communications infrastructure company Bird.com has completed a $450 million debt financing, led by J.P. Morgan.
PayPal
PartnershipPayPal has partnered with Meta Platforms to integrate its payment services with Meta's new AI assistant, Muse, enabling users to conduct transactions through the agent.
Adobe
AcquisitionAdobe has finalized its acquisition of Topaz Labs, a company specializing in image and video enhancement models with over one million users.