Posted on November 2, 2026
HOUSTON, Oct. 29, 2026 (GLOBE NEWSWIRE) — Orion Group Holdings, Inc. (NYSE:ORN) (“Orion” or the “Company”), a leading specialty construction company, today announced new contract awards and change orders totaling $250 million in the month of October 2026.
“Fourth-quarter awards are off to a strong start, led by the largest Concrete award in Orion’s history,” said Travis Boone, Chief Executive Officer of Orion Group Holdings, Inc. “This $115 million mission-critical project spans foundations, slabs and site paving for multiple buildings, clearly demonstrating the broader value we deliver to our customers. We continue to drive strong execution and predictable excellence, consistently delivering high-quality results for our clients.”
The Concrete segment accounted for the majority of the total value of new awards and change orders through October 29, 2026, anchored by the $115 million mission-critical project signed today. As previously outlined in our 3rd quarter earnings conference call, additional Concrete projects awarded in October were diversified across four regions and a broad range of end markets including two large mission-critical projects, site-civil work for a premier technology company, a cold storage facility, a hospital, and multiple commercial buildings. In Marine, new awards in October included a project for the U.S. Army Corps of Engineers and a shore power project for a major port client in the Pacific Northwest.
We expect to book these new projects into backlog in the 4th quarter of 2026.
About Orion Group Holdings
Orion Group Holdings, Inc., a leading specialty construction company serving the infrastructure, industrial and building sectors, provides services both on and off the water in the continental United States, Alaska, Hawaii, Canada and the Caribbean Basin through its marine segment and its concrete segment. The Company’s marine segment provides construction and dredging services related to marine transportation facility construction, marine pipeline construction, marine environmental structures, dredging of waterways, channels and ports, environmental dredging, design, and specialty services. Its concrete segment provides turnkey concrete construction services including place and finish, site prep, layout, forming, and rebar placement for large commercial, structural and other associated business areas. The Company is headquartered in Houston, Texas with regional offices throughout its operating areas. https://www.oriongroupholdingsinc.com.
