Granite Joint Venture Awarded Guam Defense System Forward Operating Sites Task Order

The task order will be included in third-quarter CAP, with construction expected to run through late 2029.

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WATSONVILLE, Calif.--(BUSINESS WIRE)-- Granite (NYSE:GVA) announced today that the GO3JV joint venture has been awarded a new task order under the Guam Multiple Award Construction Contract (MACC). The project will construct key components of the Guam Defense System (GDS) Forward Operating Sites on Guam for the Naval Facilities Engineering Systems Command (NAVFAC). The task order is valued at approximately $165 million and will be included in third quarter CAP.

The project includes site preparation, utility installation, facility construction, transportation improvements, and related infrastructure. These enhancements will support operational readiness and continuous mission requirements.

“This award demonstrates the continued growth of Granite’s Federal business and our ability to secure significant new work with a long-standing client,” said Granite Federal Division VP Curt Haldeman. “Building on decades of experience with NAVFAC, the project strengthens our position in a market that supports national security and offers additional opportunities for sustainable growth.”

Construction is anticipated to begin in 2026, with completion expected in late 2029.

About Granite

Granite is America’s Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in the United States as well as a full-suite civil construction provider. Granite’s Code of Conduct and strong Core Values guide the Company and its employees to uphold the highest ethical standards. Granite is an industry leader in safety and an award-winning firm in quality and sustainability. For more information, visit the Granite website, graniteconstruction.com, and connect with Granite on LinkedIn, X, Facebook, and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260929615118/en/

Granite Contacts
Media
Erin Kuhlman 831-768-4111

Investors
Wenjun Xu - 831-761-7861

Source: Granite

Key Terms

multiple award construction contract technical

A contracting setup in which a buyer (often a government agency) selects and pre-qualifies several construction firms through a single competitive procurement, creating a pool of contractors eligible to receive individual work orders or task orders for specific projects over a set period. The buyers then award particular projects to one of the pre-qualified firms either by issuing orders on a rotating basis or by holding mini-competitions among the awardees; being named on the contract does not guarantee any specific amount of work or funding. This structure is commonly used to streamline procurement, allow flexibility in scheduling and scope, and maintain competition at the task-order level.