Core Insights - Orion Group Holdings, Inc. announced new contract awards totaling over $120 million, showcasing its strong market position in specialty construction [1][2] - The company will participate in D.A. Davidson's 24th Annual Diversified Industrials & Services Conference on September 18-19, 2025, indicating its commitment to investor engagement [1][4] Contract Wins - New contract awards were evenly distributed between the Marine and Concrete segments, with notable projects including maintenance dredging for the U.S. Army Corp of Engineers and multiple data centers [3][2] - Recent Marine awards included repair work on a marine transportation facility and installation of a crane trestle for a major transportation project, reflecting diverse project capabilities [3] Management Commentary - The CEO emphasized the company's commitment to safety, quality, and timely delivery, which has strengthened client relationships and secured additional projects [2] - Demand for data center work in the Concrete segment remains strong, alongside new awards in manufacturing and healthcare, highlighting broader market opportunities [2] Company Overview - Orion Group Holdings operates in the infrastructure, industrial, and building sectors, providing services both on and off the water across various regions including the continental United States, Alaska, Hawaii, Canada, and the Caribbean Basin [5] - The company's Marine segment focuses on construction and dredging services, while the Concrete segment offers turnkey concrete construction services for large commercial and structural projects [5]
Orion Group Holdings Announces Over $120 Million in Contract Wins