Great Lakes Dredge receives over $130M in seven work awards

Great Lakes Dredge (GLDD) & Dock announced the receipt of seven work awards totaling over $130M. Lasse Petterson, president and CEO commented, “These awards position Great Lakes as a key contributor to strengthening the resilience and sustainability of our nation’s environment, coastlines, and essential infrastructure. The seven newly awarded projects expand our 2025 dredging backlog, reinforcing revenue visibility through the rest of this year and well into 2026. Despite the current government shutdown, our operations remain unaffected. We continue to conduct business as usual, maintaining full schedules without interruption. Our support to the Corps will proceed without disruption, and our backlog of projects are fully funded and not at risk.”