Granite Wins $71M Fort Bliss Contract to Expand Rail Yard
Granite(GVA) ZACKS·2025-01-23 02:00
Granite Construction Incorporated (GVA) has secured a $71 million contract from the U.S. Army Corps of Engineers to expand and modernize the rail yard at Fort Bliss in El Paso, TX. The project, which is fully funded by federal sources, was included in Granite’s third-quarter 2024 Committed and Awarded Projects (CAP), further solidifying the company’s position in government infrastructure work.Shares of Granite gained 2.6% yesterday during the trading session.Boosting Capacity and Efficiency of GVAThe rail y ...