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Stock impact report

Granite Awarded $113 Million Contract to Further Support U.S. Marines Relocation

Granite Construction Incorporated (GVA) 
Last granite construction incorporated earnings: 10/25 06:55 am Check Earnings Report
US:NYSE Investor Relations: investor.graniteconstruction.com
Company Research Source: Business Wire
WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE: GVA), in partnership with Obayashi Corporation under the Granite-Obayashi 2 Joint Venture, announced the award of an estimated $113 million contract to construct new facilities at Marine Corps Base Camp Blaz (MCCB). Project funding comes from the Department of Defense’s (DOD) Military Construction (MILCON) and will be included in Granite’s third-quarter CAP.The contract involves the construction of low-rise facilities to support the Marine Expeditionary Force (MEF) 9th Engineer Support Battalion. The buildings will feature reinforced concrete structural frames, walls, floors, roofs, and shallow foundation systems. Key facilities to be constructed include an auto organization shop, electrical/communications maintenance shop, organic storage, vehicle wash rack, and vehicle laydown area.This project marks the second major facilities initiative undertaken by Granite at MCCB, building on the company’s legacy as the primary constructo Show less Read more
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