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Great Lakes Wins $219M Firm-Fixed-Price Defense Contract
GLDDGreat Lakes Dredge & Dock (GLDD) ZACKS·2024-09-24 16:50

Great Lakes Dredge & Dock Corporation (GLDD) has been awarded a $219.1 million firm-fixed-price contract for the Sabine-Neches Waterway Channel Improvement Project by the U.S. Army Corps of Engineers, Jacksonville, FL. The project will be carried out in Port Arthur, TX. It is expected to be completed by March 2027. The U.S. Army Corps of Engineers in Galveston is managing the contract. On Sept. 23, the stock moved up 2.4% in the day trading session. Contract Wins to Strengthen Growth and Backlog for GLDD Gr ...