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<ul>
	<li>Orion Group Holdings Inc&nbsp;ORN Marine segment has secured four&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/21/09/b23049774/orion-group-holdings-inc-announces-contract-awards-of-approximately-35-million" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">contracts valued at a combined $35 million</a>&nbsp;to perform marine and infrastructure construction work in the gulf coast and Alaska.</li>
	<li>Two of these awards, valued at $11.8 million and $6.7 million, are in the greater Houston area and call for the construction and dredging of new ship and barge berths for petrochemical loading and unloading.</li>
	<li>The third project, valued at ~$9 million, calls for replacing an existing barge dock at a terminal located west of New Orleans.&nbsp;</li>
	<li>Work on all three projects is expected to commence in 4Q21 and be complete by 3Q22.</li>
	<li>Additionally, the company has secured a contract valued at $7.8 million from the US Department of Transportation to demolish and replace an existing bridge in Alaska&#39;s Denali National Park. The work will commence late in 1Q22, with the completion in late 2023.</li>
	<li>Orion Group also announced that its Concrete segment had&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/21/09/b23049852/orion-group-holdings-inc-announces-contract-awards-of-approximately-26-million" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">received six contracts totaling ~$26 million</a>.</li>
	<li>Price Action:&nbsp;ORN shares are trading higher by 2.69% at $5.14 on the last check Wednesday.</li>
</ul>

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Orion Group Pockets Multiple Contracts Worth ~$61M - Orion Gr Hldgs (NYSE:ORN)

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Orion Group Pockets Multiple Contracts Worth ~$61M

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