Geopolitics Alpha

3 contractors tout military project wins in September

Published . Updated .

Turner, Granite and Tutor Perini wrapped the last week of the third quarter with project awards from the U.S. Air Force, Navy and Coast Guard.

Directly affected

  • TPC Tutor Perini

    Named in this report.

Indirectly affected

  • LMT Lockheed Martin

    Defense contractors get more work when conflict spending rises

  • RTX RTX

    Defense contractors get more work when conflict spending rises

  • NOC Northrop Grumman

    Defense contractors get more work when conflict spending rises

  • GD General Dynamics

    Defense contractors get more work when conflict spending rises

  • ITA iShares U.S. Aerospace & Defense

    A fund of aerospace and defense companies

  • BA Boeing

    Defense and aerospace orders move with conflict spending

  • LHX L3Harris

    Defense contractors get more work when conflict spending rises

  • HII Huntington Ingalls

    Shipyards benefit when naval spending rises

  • XAR SPDR SERIES TRUST

    Material security escalation can alter defense demand expectations and risk premia.

  • AADX APPLIED AEROSPACE & DEFENSE IN

    GA selected AADX as a RELATED security because its canonical security name directly matches this event's themes: aerospace, defense. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TPC———————
LMT———————
RTX———————
NOC———————
GD———————
ITA———————
BA———————
LHX———————
HII———————
XAR———————
AADX———————

Turner, Granite and Tutor Perini wrapped the last week of the third quarter with project awards from the U.S. Air Force, Navy and Coast Guard.

Source: Construction Dive

How far Tutor Perini (TPC) has moved since 2 Oct 2026

Since the first closing price after “3 contractors tout military project wins in September,” Tutor Perini (TPC) is -9.52%. The S&P 500 fund (SPY) is -1.08% over the same days, a -8.44% difference versus the market. industrial stocks (XLI) is -1.99%, a -7.53% difference versus that group of stocks.

TPC
SPY
XLI

Who reported a Tutor Perini (TPC) trade near this story

Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).

Who gains and who loses around Tutor Perini (TPC)

Companies carried with this story

  • TPC Tutor Perini

    In “3 contractors tout military project wins in September,” Tutor Perini (TPC) is linked, with no stored direction, high confidence. Reason on file: The reported development directly names TUTOR PERINI CORP in the summary; GA resolved that company to TPC

  • ITA IShares U.S. Aerospace & Defense ETF

    For “3 contractors tout military project wins in September,” IShares U.S. Aerospace & Defense ETF (ITA) is linked, with no stored direction, medium confidence. Reason on file: Material security escalation can alter defense demand expectations and risk premia

  • XAR Spdr Series Trust

    For “3 contractors tout military project wins in September,” Spdr Series Trust (XAR) is linked, with no stored direction, medium confidence. Reason on file: Material security escalation can alter defense demand expectations and risk premia

  • AADX Applied Aerospace & Defense

    For “3 contractors tout military project wins in September,” Applied Aerospace & Defense (AADX) is linked, with no stored direction, medium confidence. Reason on file: GA selected AADX as a RELATED security because its canonical security name directly matches this event's themes: aerospace, defense. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • CDP Copt Defense Properties

    Copt Defense Properties (CDP) is linked, with no stored direction, medium confidence in the 2 Oct 2026 story “3 contractors tout military project wins in September.” Reason on file: GA selected CDP as a RELATED security because its canonical security name directly matches this event's themes: defense. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • FLY Firefly Aerospace

    In “3 contractors tout military project wins in September,” Firefly Aerospace (FLY) is linked, with no stored direction, medium confidence. Reason on file: GA selected FLY as a RELATED security because its canonical security name directly matches this event's themes: aerospace. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • GE General Electric

    For “3 contractors tout military project wins in September,” General Electric (GE) is linked, with no stored direction, medium confidence. Reason on file: GA selected GE as a RELATED security because its canonical security name directly matches this event's themes: aerospace. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • HWM Howmet Aerospace

    For “3 contractors tout military project wins in September,” Howmet Aerospace (HWM) is linked, with no stored direction, medium confidence. Reason on file: GA selected HWM as a RELATED security because its canonical security name directly matches this event's themes: aerospace. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Tutor Perini (TPC) and the defense link

“3 contractors tout military project wins in September” (2 Oct 2026) reaches Tutor Perini (TPC) through Defense.

What ties Tutor Perini (TPC) to the headline is this: The reported development directly names TUTOR PERINI CORP in the summary; GA resolved that company to TPC

Also listed, IShares U.S. Aerospace & Defense ETF (ITA): Material security escalation can alter defense demand expectations and risk premia

The price range for Tutor Perini (TPC), and the dates in the story

ITA traded between 201.08 and 217.79 across 20 sessions. The latest close on file is 207.60. TPC traded between 75.12 and 89.58 across 12 sessions. The latest close on file is 78.21. XAR traded between 216.28 and 245.40 across 20 sessions. The latest close on file is 223.20.

How strong the case is around Tutor Perini (TPC)

46 out of 100

“3 contractors tout military project wins in September” scores 46 out of 100. The score uses 1 sources, and 12 linked companies.