Orion Marine Group (ORN) Announces $23.3M Naval Award

September 26, 2016 4:27 PM EDT

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Orion Group Holdings, Inc. (NYSE: ORN) announced its Heavy Civil Marine Construction segment, Orion Marine Group, was recently awarded a $23.3 million contract by the Naval Facilities Engineering Command Southeast (NAVFAC). The project provides for reconstruction of berthing wharfs B-1, B-2 and B-3 on Wharf Bravo at Naval Station Mayport in Jacksonville, Florida. The project is expected to begin in the fourth quarter of 2016, with a duration of approximately 11 months.

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