Orion Marine Group Announces a Contract Award of Approximately $10 Million

Orion Group Holdings, Inc. (NYSE:ORN) a leading specialty construction company, today announced a contract award of approximately $10 million.

The Company’s Heavy Civil Marine Construction segment, Orion Marine Group, was recently awarded a contract from the United States Army Corps of Engineers to perform dredging services in the Matagorda Ship Channel. The project entails dredging work between Port O’ Conner, Texas and Point Comfort, Texas. The project will begin at the end of the 2^nd quarter of 2016 with a duration of approximately 10 months.

Source: ORION Group Holdings