Granite joint venture wins $165M Guam defense contract

Granite (NYSE: GVA) announced that its GO3JV joint venture has been awarded a task order under the Guam Multiple Award Construction Contract (MACC) valued at approximately $165 million.

The project will construct components of the Guam Defense System (GDS) Forward Operating Sites on Guam for the Naval Facilities Engineering Systems Command (NAVFAC). Work includes site preparation, utility installation, facility construction, and transportation improvements.

The task order will be included in Granite's third quarter contract award backlog. Construction is expected to begin in 2026, with completion anticipated in late 2029.

Granite Federal Division VP Curt Haldeman said, "This award demonstrates the continued growth of Granite's Federal business and our ability to secure significant new work with a long-standing client."

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