Orion Group Holdings (ORN) announced new contract awards totaling approximately $100 million across its Marine and Concrete divisions. These awards reflect the trust placed in the company by its partners.
The Marine division alone secured $67 million in new contracts specifically for port projects. These wins are a testament to the company's commitment to high safety standards and its expanding business development pipeline.
These new projects are expected to contribute to Orion's backlog and future revenue, reinforcing its position in specialized construction. The consistent execution and strong client relationships are key factors in securing these awards.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.