Granite Wins $59 Mln Airport Project in Los Angeles

Granite Construction, a heavy civil contractor, said pre-market Wednesday that it was awarded a $59 million sub-contract from the Turner/PCL Joint Venture. The sub-contract is for the “Midfield Satellite Concourse North Project” at the Los Angeles International Airport (LAX) in California.

Approximately $16 million was booked into backlog in Q4 2016 and $43 million in Q1 2107.The $1.6 billion “Midfield Satellite Concourse Project” will expand LAX’s capacity to serve international travelers in and out of the Tom Bradley International Terminal. Construction is currently underway with Granite’s portion of the work scheduled to be complete by December 2019.

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