TPC Tutor Perini Corporation

Alstom has secured a $1 billion contract to supply 47 DME passenger trains to Mexico, covering maintenance and depot outfitting to boost passenger rail mobility. Tutor Perini Corp. received a $53 million change order for the Honolulu Skyline project to extend a guideway and add two stations. HDR Inc. was selected by Halton Region for comprehensive engineering services for Steeles Avenue corridor improvements in Ontario, including road-under-rail grade separations.

Tutor Perini Corporation (NYSE: TPC) has been awarded a $53 million design change order for the City Center Guideway and Stations Project in Honolulu, HI. This order allows Tutor Perini to design an extension of the rail line from Kaka’ako to Ala Moana, including two new stations. The company anticipates substantially increased contract value if further funding is secured for the construction of this extension.

Tutor Perini Corporation has been awarded a $53 million design change order for the City Center Guideway and Stations Project in Honolulu. This order allows the company to design an extension connecting Kaka’ako to Ala Moana, including two new stations. The total contract value could increase significantly if additional funding is secured for the extension's construction.

Tutor Perini has been identified as the top-performing construction and engineering stock year-to-date. This sector leadership contributes to the broader industrial sector's strong performance, which ranks as the third best-performing sector in 2025 with an advance of +19.19%. The article highlights overall market gains across most sectors as 2025 concludes.

Tutor Perini recently secured significant contracts, including a US$900 million U.S. Army Corps of Engineers agreement in Israel, boosting its backlog and reinforcing its position in complex institutional and government work. While these awards enhance revenue visibility and support growth, they also bring heightened execution risk due to the size and multi-year structure of the projects. Investors must consider the company's ability to convert this backlog into steady earnings while navigating potential litigation and fixed-price exposure.

Shares of Tutor Perini (NYSE:TPC) jumped 2.9% after the company announced two significant contract awards totaling $263 million through its subsidiary, Rudolph and Sletten. These projects, for the City College of San Francisco and UC Davis Health, bolstered the company's backlog to a new high of $21.6 billion, enhancing long-term revenue visibility. The stock is up 188% year-to-date and trading near its 52-week high.