HOUSTON--(BUSINESS WIRE)--Orion Group Holdings, Inc. (NYSE: ORN) a leading specialty construction company, today announced a contract award of approximately $16 million.

The Company’s Marine segment has been awarded a competitively bid contract from the US Army Corps of Engineers to provide dredging services in Galveston, Texas. The project calls for the dredging and removal of approximately 5 million cubic yards of maintenance material from the inner Galveston Harbor out to the Galveston Channel. The work will begin in the first quarter of 2021 and be completed by mid-year.

“The US Army Corps of Engineers is one of Orion’s most valued clients and the ability to continue to service their needs is a great opportunity. This award adds further visibility into the utilization of our dredge fleet for 2021,” said Mark Stauffer, Orion’s President and Chief Executive Officer.

About Orion Group Holdings

Orion Group Holdings, Inc., a leading specialty construction company serving the infrastructure, industrial and building sectors, provides services both on and off the water in the continental United States, Alaska, Canada and the Caribbean Basin through its marine segment and its concrete segment. The Company’s marine segment provides construction and dredging services relating to marine transportation facility construction, marine pipeline construction, marine environmental structures, dredging of waterways, channels and ports, environmental dredging, design, and specialty services. Its concrete segment provides turnkey concrete construction services including pour and finish, dirt work, layout, forming, rebar, and mesh across the light commercial, structural and other associated business areas. The Company is headquartered in Houston, Texas with regional offices throughout its operating areas.