WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite Construction Incorporated (NYSE:GVA) announced today it has been awarded a $41 million contract by the Los Angeles World Airports for the Runway 25R Reconstruction Project at the Los Angeles International Airport. The contract will be included in Granite’s third quarter 2017 backlog.
Scope of work includes the reconstruction of runway 25R, several taxiways and the structural strengthening of the airfield bridge over the Sepulveda Tunnel. Construction is scheduled to begin in September 2017 and conclude in August 2018.
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 eight 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.