Granite Construction Wins $495M Federal Contract

Granite Construction Wins $495M Federal Contract
Granite Construction has secured a substantial $495 million federal contract from Customs and Border Protection for the LRT-4 Webb-Zapata project. This significant award represents a major win for the infrastructure company and demonstrates strong demand for specialized construction services in critical border infrastructure development. The project will be integrated into Granite's capital plan beginning in the first quarter of 2026, providing visibility into future revenue streams and workload management. The contract highlights the company's competitive positioning in the federal contracting space and its ability to win large-scale infrastructure projects. For investors, this news suggests stable cash flow potential and revenue growth in upcoming quarters.