GVA - Granite secures ~$126M contract to relocate U.S. Marines from Japan
2023-04-04 16:49:05 ET
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Granite ( NYSE: GVA ) said Tuesday it got a ~$126 million contract from NAVFAC Pacific for the construction of buildings and infrastructure which will support the relocation of U.S. Marines from Okinawa, Japan.
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The new infrastructure is expected to be built at Marine Corps Base (MCB) Camp Blaz, Guam, USA.
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The project will be funded by NAVFAC Pacific and be included in Granite’s 2023 first-quarter CAP.
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The project will begin in April 2023 and is expected to be completed by December 2025.
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Granite secures ~$126M contract to relocate U.S. Marines from Japan