Orion Group Holdings Inc

Orion Group Holdings, Inc. (NYSE: ORN) is a leading specialty construction company focused on large-scale, mission-critical capital projects within the marine and infrastructure sectors. The company maintains its website at www.oriongroupholdingsinc.com and operates with a workforce of over 2,000 employees committed to delivering projects guided by core values of Safety, Quality, Delivery, Teamwork, and Integrity.

The company operates through two primary reportable segments. The marine business provides comprehensive engineering, construction, dredging, and specialty services to federal, state, and local governmental agencies as well as private commercial and industrial enterprises across the continental United States, Alaska, Hawaii, Canada, and the Caribbean Basin. Marine services include transportation facility projects, pipeline and utility marine services, bridge and causeway construction, environmental and coastal restoration, dredging, and specialty services such as salvage, demolition, surveying, and commercial diving. The concrete business delivers construction services for commercial, industrial, multi-family residential, and public projects, with particular strength in the rapidly growing data center market. Concrete services span data centers, industrial and warehouse facilities, commercial and multi-family structures, and retail and hospitality facilities, primarily across Texas, Florida, and Arizona.

For the fiscal year ended December 31, 2025, total contract revenues reached approximately $852 million, with the marine segment generating $480 million in backlog and the concrete segment contributing $160 million in backlog. Revenue is diversified across customer types, with federal government contracts representing 19 percent, state governments 14 percent, local governments 19 percent, and private companies 48 percent of total revenues.

The company benefits from multiple structural tailwinds including U.S. Navy modernization efforts, federal infrastructure funding through the Infrastructure Investment and Jobs Act, port expansion and maintenance needs, coastal rehabilitation driven by climate impacts, and energy and petrochemical investment. In February 2026, Orion completed the acquisition of J.E. McAmis, Inc., expanding capabilities in dredging, jetty and breakwater construction, environmental restoration, and dam and spillway construction. The company differentiates itself through deep construction and engineering capabilities, reputation for delivering complex projects safely and on schedule, specialized equipment fleet ownership, and a skilled workforce positioned for sustainable long-term growth.