Granite (GVA) “announces that it has been awarded an $89 million subcontract by United Airlines (UAL) and Manhattan Construction as part of the overall United Airlines Terminal B Airside Transformation program, a $2 billion initiative funded by United Airlines and the City of Houston (Houston Airport System). The project will be included in Granite’s second-quarter CAP. Under this program, the north and south concourses of Terminal B at George Bush Intercontinental Airport (IAH), one of the airport’s oldest terminals, will be renovated. Granite’s scope of work includes the demolition and reconstruction of the existing north concrete apron. This will pave the way for the construction of a new terminal that will accommodate more gates and provide updated amenities for travelers.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GVA:
- Granite Construction CFO Retires, Successor Appointed
- Granite appoints Staci Woolsey to succeed Lisa Curtis as CFO
- Granite secures $25M contract from McDonald Property Group near Ontario airport
- Granite price target raised to $70 from $64 at DA Davidson
- Granite still sees 2024 revenue $3.8B-$4.0B, consensus $3.88B
Questions or Comments about the article? Write to editor@tipranks.com