- Millstone Weber
- 2026
- 5
- 1
- 20.00%
- $84,417,819
- 0.59%
- 20.31%
- 8.57%
- $217,175,285

With only **$17.6M** remaining on the **$84.4M** DS West Phase 2 contract spanning 120 months, revenue flow will remain minimal and spread thin. The 0% win rate in 2025 and single active project create immediate pressure on cash flow and operations.
Medium-term Outlook (6-12 months)
Backlog visibility stays constrained without new awards, as the long-duration project contributes limited monthly burn. Inconsistent bidding results, including the 20% success rate on **$217M** pursued in 2026, limit growth prospects.
Key Risk Period
The 6-12 month window after current backlog exhaustion represents the primary risk, with no diversified pipeline to offset the low historical win rates.
Recommendations
Prioritize aggressive bidding with refined pricing to rebuild backlog above **$50M** within 12 months while monitoring burn rates on the existing contract.
- Taxiway L Extension
- Denver
- $109,139,897
- 6/11/26
- Gardi A33 A35
- Denver International Airport
- $14,599,610
- 5/14/26
- DS West Phase 2
- Denver International Airport
- $84,417,819
- 3/10/26
- 2026 Annual Airfield Pavement Rehabilitation
- Denver City
- $4,278,363
- 2/18/26
- Water Quality Infrastructure Improvements
- Denver International Airport
- $4,739,596
- 1/13/26

