18-07-2025
Granite JV awarded $158M Guam defense system project
Granite (GVA) announced that its joint venture with Obayashi Corporation has received a federally funded $158M task order from the Naval Facilities Engineering Command. The project, issued under the Facilities and Infrastructure Multiple Award Construction Contract, involves the construction of the Missile Defense Agency P694-2 PDI: Guam Defense System, Enhanced Integrated Air and Missile Defense, Phase 1, in South Finegayan. The award will be reflected in Granite's third-quarter CAP. Construction is scheduled to begin in late July 2025 and is expected to be completed by July 2028.
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