Great Lakes Dredge & Dock Corporation
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Lasse J. Petterson
- Full Time Employees
- 381
- Sector
- Industrials
- Industry
- Engineering & Construction
- Address
- 9811 Katy Freeway Houston TX United States of America 77024
- IPO Date
- Dec 27, 2006
- CIK
- 0001372020
- Website
- gldd.com
- Similar Companies
- Business
- Great Lakes Dredge & Dock Corporation (GLDD) provides marine construction and dredging services to federal, state and local governments as well as private entities in the United States. The company offers a range of services including capital dredging for navigation projects and beach nourishment; maintenance dredging of waterways and ports; coastal protection and restoration services such as breakwaters, revetments and environmental restoration; and inland river dredging along with related marine construction activities like heavy marine construction and salvage. Its fleet includes hopper dredges, mechanical dredges, drill barges and support vessels, enabling operations across coastal, inland and riverine environments primarily along the U.S. East, Gulf, West and Great Lakes coasts [ from prior context]. Founded in 1890 and headquartered in Houston, Texas, GLDD serves key markets in infrastructure development, environmental management and port maintenance, with a focus on government contracts from agencies like the U.S. Army Corps of Engineers. The company operates through segments such as Dredge Operations and Environmental & Remediation, targeting commercial, energy and public sector customers nationwide. In recent developments, GLDD has pursued strategic expansions including the acquisition of assets to bolster its dredging capacity and the launch of initiatives for sustainable coastal resilience projects amid rising demand from climate adaptation efforts. The company secured significant contracts for beach renourishment and harbor deepening in 2024-2025, reflecting operational growth without major name changes, funding rounds or reorganizations reported in the latest period. These changes position GLDD to capitalize on increased federal infrastructure spending under ongoing initiatives.
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