Great Lakes Dredge & Dock Secures $256.2M In Dredging Awards
Portfolio Pulse from Benzinga Newsdesk
Great Lakes Dredge & Dock Corporation has secured $256.2 million in dredging awards for projects including Mobile Harbor, Port Everglades, Long Beach Island, Fire Island, North Wildwood, and St. Lucie Inlet.
August 26, 2024 | 1:06 pm
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Great Lakes Dredge & Dock Corporation has been awarded $256.2 million in contracts for various dredging projects, which is likely to enhance its revenue and project pipeline.
The $256.2 million in new contracts will likely increase GLDD's revenue and strengthen its project pipeline, positively impacting its stock price in the short term.
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