Great Lakes Secures Multiple Dredging Contracts for $256M, Stock Up
Great Lakes Dredge & Dock (GLDD) ZACKS·2024-08-27 18:11
Great Lakes Dredge & Dock Corporation (GLDD) announced multiple dredging contracts, worth $256.2 million. Such capital, coastal protection and maintenance work allow the company to improve the country's environment, coastlines and infrastructure. The first contract is the Mobile Harbor, AL Deepening and Widening Dredging Project 2A, received from the U.S. Army Corps of Engineers, Mobile District. The scope of the work includes deepening the channel by six feet to improve channel navigation, which will allow ...