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Great Lakes Announces Receipt of $261.3 Million in Awarded Work

Retrieved on: 
Monday, September 13, 2021

HOUSTON, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes") (NASDAQ: GLDD), the largest provider of dredging services inthe United Statesannounced today the receipt ofseveral major dredging awards totaling $261.3 million.

Key Points: 
  • HOUSTON, Sept. 13, 2021 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes") (NASDAQ: GLDD), the largest provider of dredging services inthe United Statesannounced today the receipt ofseveral major dredging awards totaling $261.3 million.
  • The award includes the base award for $139 million with open options remaining to be awarded of $12.9 million bringing the total of the project to $151.9 million.
  • Great Lakes Dredge & Dock Corporation (Great Lakes or the Company) is the largest provider of dredging services in the United States.
  • Great Lakes cautions investors that any forward-looking statements made by Great Lakes are not guarantees or indicative of future events.