Orion Group announces contract wins totaling $134M

Orion Group announced multiple contract awards totaling $134M, with the majority of this work to be completed in 2023. Since the beginning of 2023, the Concrete segment has been awarded $100M across several contracts including $25M for a 22-story high-rise building in Houston, $12M for a Dallas hospital, and $10M for a Dallas packaging center. The Marine segment was awarded the Company’s largest diving services contract of $20M by a private client. The project is in support of the US Army Corps of Engineers’ ongoing deepening and widening of Gulf Coast shipping channels. The contract award is the largest diving contract in Orion’s history and will be completed by the end of 2023. For this project, Orion’s specialty divers will remove 31 pipelines from the ship channel floor. In addition, the Marine segment has been awarded contract wins on several projects totaling $14M and was the bid winner on a $7M dredging procurement by the US Army Corps of Engineers in the Gulf of Mexico.