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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.
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