Granite Awarded $29 Million Army Airfield Repaving Project in Kentucky

WATSONVILLE, Calif.--()--Granite Construction Incorporated (NYSE:GVA) announced today that it has been awarded a $29 million contract by the United States Army Mission and Installation Contracting Command to repair and repave the Campbell Army Airfield in Fort Campbell, Kentucky. Granite will book the contract into its third quarter 2016 backlog.

Located approximately 60 miles northwest of Nashville, Tennessee, Fort Campbell is the home of the United States Army’s 101st Airborne Division which provides air assault capabilities in support of combatant commanders worldwide. Scope of the work includes asphalt repair and repaving of the two main runways, portland cement concrete and asphalt concrete repairs on fourteen ramps and taxiways, and airfield lighting and marking upgrades on the entire airfield.

Construction is scheduled to begin in the third quarter of 2016 and be completed in thirteen months.

About Granite

Through its offices and subsidiaries nationwide, Granite Construction Incorporated (NYSE:GVA) is one of the nation’s largest infrastructure contractors and construction materials producers. Granite specializes in complex infrastructure projects, including transportation, industrial and federal contracting, and is a proven leader in alternative procurement project delivery. Granite is an award-winning firm in safety, quality and environmental stewardship, and has been honored as one of the World’s Most Ethical Companies by Ethisphere Institute for seven consecutive years. Granite is listed on the New York Stock Exchange and is part of the S&P MidCap 400 Index, the MSCI KLD 400 Social Index and the Russell 2000 Index. For more information, visit graniteconstruction.com.

Contacts

Granite Construction Incorporated
Media
Jacque Fourchy, 831-761-4741
or
Investors
Ronald Botoff, 831-728-7532

Release Summary

Granite announced that it has been awarded a $29 million contract by the US Army Mission and Installation Contracting Command to repair and repave the Campbell Army Airfield in Fort Campbell, Kentucky

Contacts

Granite Construction Incorporated
Media
Jacque Fourchy, 831-761-4741
or
Investors
Ronald Botoff, 831-728-7532