Posted on September 29, 2016
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.
Source: StreetInsider.com