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Stock impact report

Orion Group Holdings Awarded $86.3 Million U.S. Army Corps of Engineers Project [Yahoo! Finance]

Orion Group Holdings, Inc. Common (ORN) 
Last orion group holdings, inc. common earnings: 4/29 04:04 pm Check Earnings Report
Company Research Source: Yahoo! Finance
company, today announced it was awarded an $86.3 million project with the U.S. Army Corps of Engineers (USACE). “We are proud to be part of one of the largest shoreline protection and beneficial use infrastructure projects in our home state of Texas. This award reflects our team's deep expertise and proven track record of delivering outstanding work on complex coastal and marine projects that strengthen resilience and create lasting value,” said Travis Boone, President and Chief Executive Officer of Orion Group Holdings, Inc. As part of this project, Orion will construct new breakwaters and replenish shorelines with approximately one million cubic yards of beach-quality dredged materials along the Texas coastline at the mouth of the Colorado River. These efforts are intended to stabilize the shoreline, slowing the impacts of the significant erosive forces in the area and preventing additional land loss. The beach nourishment component will rebuild a valuable public access feature, Show less Read more
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