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Great Lakes Dredge & Dock +3.9% on $164M in Awards

Posted on July 3, 2018

Great Lakes Dredge & Dock (NASDAQ:GLDD) is up 3.9% after hours following its announcement of $164M in awarded contracts.

That includes four deals for coastal protection (in New York, South Carolina, North Carolina and Maryland) along with the Corpus Christi La Quinta Channel Widening Project in Texas and the Delaware River Deepening Variation Order.

The company expects the coastal protection projects to be executed between now and May 2019.

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