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Stock Market & Financial Investment News

News Breaks
February 6, 2013
16:38 EDTGLDDGreat Lakes Dredge awarded $41.4M contract
Great Lakes Dredge receved an award of a $41.4M contract for the deepening of the Arthur Kill channel in the Ports of New York and New Jersey. This project was awarded to GLDD by the Army Corps of Engineers New York District and involves the excavation of silt, glacial till and seabed material requiring subaqueous drilling and blasting. Work is expected to begin before the end of Q1. Another $27.3M in work on this contract is expected to be awarded this year.
News For GLDD From The Last 14 Days
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January 16, 2015
17:36 EDTGLDDGreat Lakes Dredge awarded $23.4M deal for coastal storm risk management
Great Lakes Dredge & Dock Corporation announced the receipt of an award for a $23.4M contract with an additional $11.2M in options to construct a beach berm and dune at Fire Island Inlet to Moriches Inlet, New York. Work on this project includes repairing the berms and dunes, which will stabilize the island and will help mitigate the risk of incurring damage from a future storm, both on Fire Island and on the mainland communities that it helps protect.

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