Granite Joint Venture Team Awarded $97 Million Military Infrastructure Project in Guam
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Granite, in a joint venture with Obayashi Corporation, has been awarded a $97 million contract by the Naval Facilities Engineering Command to enhance the Battery Energy Storage System in Guam. The project is funded by the Department of Defense.
March 10, 2025 | 8:45 pm
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Granite has been awarded a $97 million contract to improve the Battery Energy Storage System in Guam, funded by the Department of Defense. This contract will be included in Granite's revenue, potentially boosting its financial performance.
The $97 million contract is a significant addition to Granite's revenue stream, likely enhancing its financial performance. The involvement in a Department of Defense project also strengthens its portfolio in military infrastructure.
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