Orion Marine Group (ORN) Announces $80M Gulf Coast of Texas Contract Award

November 28, 2016 5:35 PM EST

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Orion Group Holdings, Inc. (NYSE: ORN) a leading specialty construction company, today announced a contract award of approximately $80 million.

The Company’s Heavy Civil Marine Construction segment, Orion Marine Group, was recently awarded a contract for a project along the Gulf Coast of Texas for a private sector client in the downstream energy business. The project entails dock expansion and dredging services and will begin during the first quarter of 2017 with a duration of approximately 18 months.

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