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Announcing Granite's CM/GC Rehabilitation and Construction Project at SFO

1. Granite secures major project with San Francisco International Airport. 2. This multi-billion-dollar initiative enhances infrastructure, positively impacting GVA.

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FAQ

Why Bullish?

Granite's involvement in a substantial project like SFO's CIP indicates robust future revenues, reminiscent of previous profitable contracts that drove share price increases.

How important is it?

This is a significant contract that will enhance GVA's financial outlook, indicating a strong potential for revenue growth that the market values highly.

Why Long Term?

This project contributes to continuous revenue streams over several years, similar to past infrastructure contracts that boosted GVA's market position.

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WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) announced its Construction Manager/General Contractor (CM/GC) project with San Francisco International Airport (SFO) for the Runway 1R-19L Rehabilitation and Taxiway W Construction Project. This project is a key component of SFO's Capital Improvement Program (CIP), a multi-billion-dollar initiative to modernize and improve the airport's infrastructure, including runways, taxiways, and terminals. Project Timeline: Preconstruction: June 202.

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