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

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Orion Marine Group Announces a Contract Award of Approximately $23 Million

September 26, 2016 4:26 PM EDT

HOUSTON, Sept. 26, 2016 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the "Company") a leading specialty construction company, today 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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