10:13 AM EDT, 08/26/2024 (MT Newswires) -- Great Lakes Dredge & Dock ( GLDD ) said Monday it has received several dredging awards totaling $256.2 million.

These include the Mobile Harbor, Alabama deepening and widening phase 2A dredging project, Port Everglades Sand Bypass dredging project, Barnegat Inlet to Little Egg Inlet, Long Beach Island beach renourishment project, Fire Island inlet dredging project, North Wildwood, New Jersey emergency beach renourishment project, and the St. Lucie inlet maintenance dredging project, according to the company.

The North Wildwood project was completed in Q2 while the St. Lucie project started in July and is expected to be finished in Q3, the company said.

The Port Everglades project will start in H2 2025 while the rest are expected to begin in Q4, with most of these projects expected to be completed in 2025, the company added.

Great Lakes shares were up 2.2% in recent trading Monday.

Price: 9.27, Change: +0.20, Percent Change: +2.21