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Tutor Perini told investors it expects a “blowout” 2026 after reporting a $19.8…

2026-05-11 · 15:02 UTC ·Construction Dive ·5 min read

Brief

Construction industry headlines on May 11, 2026 center on earnings, AI-driven safety and major corporate investments: Tutor Perini told investors it expects a “blowout” 2026 with a $19.8 billion backlog and multiple megaproject/data‑center bids; Skanska’s Q1 results show U.S. work helping it manage risk and sustain profits; Safety Week coverage detailed how Skanska, Turner and Balfour Beatty deploy AI for training, situational analysis and serious‑injury prevention on roadwork sites; Eli Lilly expanded manufacturing spend by $4.5 billion across Indiana to scale production of genetic therapies and weight‑loss drugs; and WSP reported Q1 growth fueled by power‑generation projects and AI, with M&A (notably the TRC acquisition) remaining a strategic priority amid a booming—and capacity‑constrained—U.S. data‑center construction market.

Why it matters

Tutor Perini told investors it expects a “blowout” 2026 after reporting a $19.8 billion backlog and is pursuing numerous megaproject/data-center bids (reported in the May 11, 2026 Daily Dive earnings roundup).

Key details

  • Skanska said in its Q1 2026 earnings that U.S. construction work is insulating the firm from major economic headwinds and helping it manage risk while delivering profits.
  • Three builders—Skanska, Turner and Balfour Beatty—are using AI on jobsites for training, situational analysis and to prevent serious injuries on roadwork projects (highlighted during Safety Week 2026).
  • Life sciences: Eli Lilly will add $4.5 billion in manufacturing investment across Indiana to meet demand for genetic therapies and weight-loss drugs; engineering firm WSP reported Q1 growth led by power-generation work and AI capabilities and flagged M&A (including the recent TRC buy) as a priority.
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Daily Dive

May ​ 11,​ 2026 | Today’s news and insights for construction leaders

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Tutor Perini eyes data center opportunities

The heavy civil contractor said it sees a “blowout” 2026 ahead with $19.8 billion in backlog and numerous megaproject bids on the horizon during an earnings call.

Skanska says its work unimpacted by major economic headwinds

The firm continues to manage risk and deliver profits on the back of U.S. construction work, the contractor reported in its first-quarter earnings.

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