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Orion Group Holdings Inc, Announces Contract Awards of Approximately $14 Million

Orion Group Holdings, Inc. Common (ORN) 
Last orion group holdings, inc. common earnings: 4/29 04:04 pm Check Earnings Report
Company Research Source: Business Wire
HOUSTON--(BUSINESS WIRE)--Orion Group Holdings, Inc. (NYSE: ORN) (the "Company") a leading specialty construction company, today announced contract awards totaling approximately $14 million.The Company’s Marine segment has been awarded two contracts from the US Army Corps of Engineers (Corps) following successful competitive bids to provide dredging services along the Texas Gulf Coast. The first project calls for dredging of the Gulf Intracoastal Waterway (GIWW) from Freeport Harbor to the upper Matagorda Bay in Brazoria and Matagorda counties. The work is valued at approximately $6.6 million and is expected to be completed in the third quarter of 2020. The second award, with a value of approximately $7.8 million, will see Orion dredge the GIWW between Corpus Christi and Port Isabel and the channel to Harlingen in Kennedy, Willacy and Cameron counties. This project is expected to be completed by the fourth quarter of 2020. Both projects also include options at the Corps’ request f Show less Read more
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