Jul. 1 at 2:04 PM
Noble Capital Markets Research Report: Great Lakes Dredge & Dock (
$GLDD) – Some Award Updates
Awards. Yesterday, Great Lakes provided an update on some recent awards. Each of the awards adds to the Company’s significant backlog, which stood at approximately
$1 billion with an additional
$265 million in low bids and options pending award at the end of the first quarter. The large backlog, with a majority being higher margin capital projects, provides strong visibility for 2025 and into 2026.
Read more: https://www.channelchek.com/news-channel/great-lakes-dredge-dock-gldd-some-award-updates