Orion Group Holdings Awarded $86.3 Million U.S. Army Corps of Engineers Project
Orion Orion (US:ORN) Globenewswire·2026-01-05 12:00

Core Viewpoint - Orion Group Holdings, Inc. has been awarded an $86.3 million project by the U.S. Army Corps of Engineers, focusing on shoreline protection and infrastructure development in Texas [1][2]. Project Details - The project involves constructing new breakwaters and replenishing shorelines with approximately one million cubic yards of beach-quality dredged materials along the Texas coastline at the mouth of the Colorado River [3]. - The initiative aims to stabilize the shoreline, mitigate erosive forces, and prevent land loss, while also enhancing public access to the ocean [3]. - The project is expected to commence in the first quarter of 2026 [3]. Company Overview - Orion Group Holdings, Inc. is a leading specialty construction company that operates in the infrastructure, industrial, and building sectors, providing services both on and off the water across the continental United States, Alaska, Hawaii, Canada, and the Caribbean Basin [4]. - The company's marine segment offers construction and dredging services related to marine transportation, environmental structures, and dredging of waterways, while its concrete segment provides comprehensive concrete construction services [4].