{"id":458142,"date":"2021-03-15T17:33:18","date_gmt":"2021-03-15T21:33:18","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=458142"},"modified":"2021-03-15T17:33:18","modified_gmt":"2021-03-15T21:33:18","slug":"granite-joint-venture-awarded-42-million-air-force-base-improvement-project-in-guam","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/granite-joint-venture-awarded-42-million-air-force-base-improvement-project-in-guam\/","title":{"rendered":"Granite Joint Venture Awarded $42 Million Air Force Base Improvement Project in Guam"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Granite Joint Venture Awarded $42 Million Air Force Base Improvement Project in Guam<\/b><\/p>\n<p>WATSONVILLE, Calif.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe joint venture team comprised of Granite (NYSE: GVA) and Obayashi Corporation has been awarded the P3001 Standoff Weapons Complex at Andersen Air Force Base, Guam by the Naval Facilities Engineering Command, Pacific (NAVFAC PAC). As consolidating partner, the $42 million award is anticipated to be included in Granite\u2019s first quarter 2021 backlog.\n<\/p>\n<p>\nThe project will expand the existing missile assembly shop, add a new powered trailer maintenance facility, and supporting infrastructure at Andersen Air Force Base. The new supporting infrastructure will include upgrades to transportation routes with heavy-duty pavement to accommodate increased traffic volume, a new airfield entry gate, upgraded utilities to the new facilities, and two new earth-covered magazines.\n<\/p>\n<p>\n\u201cGranite has a rooted presence in Guam constructing 38 projects in the last ten years for the Department of Defense and across the island and is honored to continue this partnership,\u201d said Curtis Haldeman, vice president of Granite\u2019s federal operations.\n<\/p>\n<p>\nThe joint venture team will be responsible for constructing the earth-covered magazines, the missile assembly shop expansion, and the maintenance facility expansion using structural concrete to resist the typhoon wind loads and seismic events common to Guam. The expansions will include new utilities and drainage facilities. The team will also replace the existing asphalt roads with new concrete roadways between the munitions storage area and the flight line.\n<\/p>\n<p>\nConstruction is expected to begin later this month and is expected to be completed by March 2023.\n<\/p>\n<p><b>About Granite<\/b><\/p>\n<p>\nGranite is America\u2019s Infrastructure Company\u2122. 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 provider in the transportation, water infrastructure, and mineral exploration markets. Granite\u2019s 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 <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.graniteconstruction.com&amp;esheet=52395073&amp;newsitemid=20210315005034&amp;lan=en-US&amp;anchor=graniteconstruction.com&amp;index=1&amp;md5=cff789787d16ae5745e10241c43728b9\">graniteconstruction.com<\/a>, and connect with Granite on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fgranite-construction&amp;esheet=52395073&amp;newsitemid=20210315005034&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=2&amp;md5=00e435dc6d19badc975f93f031d40f65\">LinkedIn<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Ftwitter.com%2Fgranite&amp;esheet=52395073&amp;newsitemid=20210315005034&amp;lan=en-US&amp;anchor=Twitter&amp;index=3&amp;md5=5fc43aa56ddb670aec5f530ff93eedff\">Twitter<\/a>, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.facebook.com%2Fgraniteconstruction&amp;esheet=52395073&amp;newsitemid=20210315005034&amp;lan=en-US&amp;anchor=Facebook&amp;index=4&amp;md5=fa468c80b0ff8546fea562dd8e406ff9\">Facebook<\/a>, and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.instagram.com%2Fgraniteconstruction%2F&amp;esheet=52395073&amp;newsitemid=20210315005034&amp;lan=en-US&amp;anchor=Instagram&amp;index=5&amp;md5=e03e0372ad8d9fc2f7fac1587096202a\">Instagram<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210315005034r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210315005034\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210315005034\/en\/<\/a><\/span><\/p>\n<p>\nMedia<br \/>\n<br \/>Erin Kuhlman 831-768-4111<br \/>\n<br \/>Investors<br \/>\n<br \/>Wenjun Xu &#8211; 831-761-7861\n<\/p>\n<p><b>KEYWORDS:<\/b> Guam Australia\/Oceania United States North America California<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Air Transport Other Construction &amp; Property Commercial Building &amp; Real Estate Construction &amp; Property Building Systems<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210315005034\/en\/662198\/3\/Granite-Logo-Color.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Granite Joint Venture Awarded $42 Million Air Force Base Improvement Project in Guam WATSONVILLE, Calif.&#8211;(BUSINESS WIRE)&#8211; The joint venture team comprised of Granite (NYSE: GVA) and Obayashi Corporation has been awarded the P3001 Standoff Weapons Complex at Andersen Air Force Base, Guam by the Naval Facilities Engineering Command, Pacific (NAVFAC PAC). As consolidating partner, the $42 million award is anticipated to be included in Granite\u2019s first quarter 2021 backlog. The project will expand the existing missile assembly shop, add a new powered trailer maintenance facility, and supporting infrastructure at Andersen Air Force Base. The new supporting infrastructure will include upgrades to transportation routes with heavy-duty pavement to accommodate increased traffic volume, a new airfield entry gate, upgraded utilities to the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/granite-joint-venture-awarded-42-million-air-force-base-improvement-project-in-guam\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Granite Joint Venture Awarded $42 Million Air Force Base Improvement Project in Guam&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-458142","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Granite Joint Venture Awarded $42 Million Air Force Base Improvement Project in Guam - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/granite-joint-venture-awarded-42-million-air-force-base-improvement-project-in-guam\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Granite Joint Venture Awarded $42 Million Air Force Base Improvement Project in Guam - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Granite Joint Venture Awarded $42 Million Air Force Base Improvement Project in Guam WATSONVILLE, Calif.&#8211;(BUSINESS WIRE)&#8211; The joint venture team comprised of Granite (NYSE: GVA) and Obayashi Corporation has been awarded the P3001 Standoff Weapons Complex at Andersen Air Force Base, Guam by the Naval Facilities Engineering Command, Pacific (NAVFAC PAC). As consolidating partner, the $42 million award is anticipated to be included in Granite\u2019s first quarter 2021 backlog. The project will expand the existing missile assembly shop, add a new powered trailer maintenance facility, and supporting infrastructure at Andersen Air Force Base. The new supporting infrastructure will include upgrades to transportation routes with heavy-duty pavement to accommodate increased traffic volume, a new airfield entry gate, upgraded utilities to the &hellip; Continue reading &quot;Granite Joint Venture Awarded $42 Million Air Force Base Improvement Project in Guam&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/granite-joint-venture-awarded-42-million-air-force-base-improvement-project-in-guam\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-15T21:33:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210315005034r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/granite-joint-venture-awarded-42-million-air-force-base-improvement-project-in-guam\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/granite-joint-venture-awarded-42-million-air-force-base-improvement-project-in-guam\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Granite Joint Venture Awarded $42 Million Air Force Base Improvement Project in Guam\",\"datePublished\":\"2021-03-15T21:33:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/granite-joint-venture-awarded-42-million-air-force-base-improvement-project-in-guam\\\/\"},\"wordCount\":412,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/granite-joint-venture-awarded-42-million-air-force-base-improvement-project-in-guam\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&amp;sty=20210315005034r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/granite-joint-venture-awarded-42-million-air-force-base-improvement-project-in-guam\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/granite-joint-venture-awarded-42-million-air-force-base-improvement-project-in-guam\\\/\",\"name\":\"Granite Joint Venture Awarded $42 Million Air Force Base Improvement Project in Guam - 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