Welcome to our dedicated page for Granite Constr news (Ticker: GVA), a resource for investors and traders seeking the latest updates and insights on Granite Constr stock.
Granite Construction Inc. (NYSE: GVA), known as Granite, regularly issues news updates that reflect its role in U.S. transportation and civil infrastructure. Company announcements highlight contract awards, project milestones, financial results, certifications, and corporate actions that are relevant to investors, industry participants, and stakeholders following GVA stock.
News items show Granite’s involvement in highway expansion, bridge rehabilitation, commuter rail improvements, and airport airfield projects. Examples include a highway improvement contract on State Route 49 in Nevada County, California, bridge replacements along historic Route 66 in San Bernardino County, rehabilitation of the Lake Street Bascule Bridge in Chicago, and runway and airfield work at Tucson International Airport. These stories illustrate how Granite’s construction and materials capabilities are applied across roads, bridges, rail, and aviation infrastructure.
Granite’s news flow also covers financial and corporate developments. The company reports quarterly earnings, including segment performance for its Construction and Materials segments and changes in Committed and Awarded Projects (CAP). Releases may include updates on acquisitions, such as the purchase of Warren Paving and related entities, and financing arrangements like amendments to its credit agreement. Dividend declarations and board or executive changes are also disclosed through news and related SEC filings.
Another category of news involves certifications and compliance milestones. For example, Granite has announced achieving Cybersecurity Maturity Model Certification (CMMC) Level 2, a requirement for certain federal contractors handling Controlled Unclassified Information. This type of update signals the company’s readiness to pursue and execute federal infrastructure work that requires specific cybersecurity standards.
Investors and observers who follow Granite’s news can track how new contracts, project awards, acquisitions, and certifications contribute to the company’s project pipeline and operational profile. The GVA news page aggregates these announcements in one place, making it easier to review recent developments in Granite’s construction, materials, and corporate activities.
Granite (NYSE:GVA) has secured a Construction Manager/General Contractor (CM/GC) project at San Francisco International Airport (SFO) for the Runway 1R-19L Rehabilitation and Taxiway W Construction Project. The project, valued at $115 million, is part of SFO's multi-billion-dollar Capital Improvement Program.
The construction phase will run from March 2026 through November 2026, following a preconstruction period from June 2025 to January 2026. The scope includes rehabilitating Runway 1R-19L, constructing new Taxiway W, and upgrading various infrastructure components. Granite will supply approximately 185,000 tons of asphalt from its Santa Clara facility.
Granite (NYSE:GVA) has been awarded the Rice Pumping Station & Pipeline Project as part of the Horizon Lateral Program in Southern Nevada. The project, in partnership with Contri Construction Company through the Southern Nevada Construction Partners joint venture, includes building a 30 million gallons per day pumping station and installing a 21,000-linear-foot, 42-inch diameter steel water pipeline.
The project begins with a $2 million preconstruction services agreement awarded in May 2025, with an expected transition to a $100-$120 million construction phase, of which Granite's portion will be approximately $70 million. Construction is scheduled to run from February 2027 through March 2030, enhancing water delivery capabilities for the Las Vegas Valley Water District and City of Henderson.
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Granite (NYSE:GVA) has secured a $54 million federal contract for the first phase of a Parks Highway realignment project in Alaska. The project, awarded by the Alaska Department of Transportation and Public Facilities, involves realigning the highway from milepost 319 to 322 to enhance traffic safety by reducing sharp corners. The scope includes 2.5 million cubic yards of earthwork and 25,000 tons of asphalt paving.
The project utilizes a Construction Manager/General Contractor (CMGC) approach, with an estimated $35 million value for the remaining segment. Construction began May 1, 2025, with completion expected by September 2027. The project team includes DOT&PF, Michael Baker International as designer, and Granite, collaborating to optimize design and execution.
Granite (NYSE:GVA) announced that Executive Vice President and Chief Operating Officer (COO) James A. "Jim" Radich will retire on July 4, 2025. Following his retirement, Granite will restructure its reporting lines, with Senior Vice Presidents of Construction and Materials reporting directly to President and CEO Kyle Larkin instead of appointing a new COO.
Radich, who initially joined Granite in 1980, has held various leadership roles including project manager, chief estimator, vice president, regional manager, and senior vice president. His experience spans multiple construction sectors across different geographical regions. Between 1993 and 2011, Radich worked outside of Granite before returning to the company. He holds a BS in civil engineering from Santa Clara University and is a registered civil engineer in California.