Granite Secures $34M Contract to Improve OAK Perimeter Dike
GVAGranite(GVA) ZACKS·2024-10-10 01:32

Granite Construction Incorporated (GVA) won a $34 million contract to implement seismic improvements at the Oakland International Airport (OAK) Perimeter Dike. This vital infrastructure project aims to protect the airport's runway from potential water intrusion from the nearby San Francisco Bay. Partial funding is provided by the Federal Aviation Administration, and the project will be recorded in Granite's third-quarter CAP. The upgrade will focus on strengthening 4,200 linear feet of the dike using cement ...