Large award in New York out. Late Friday, a $47.5 million award (W912DS21C0018) was posted on the DoD web site. GLDD was one of two bidders for work to be performed in New York, New York, with an estimated completion date of March 31, 2022. We don't have any additional details, but the short-term work helps fill the near-term pipeline.Dredging market outlook remains solid and potential infrastructure spending creates a tailwind. After falling again in 2Q2021 to $454 million from $486 million in 1Q2021 and $559 million in 4Q2020, recent awards have been secured and we remain positive on the dredging market outlook. 3Q2021 bidding activity is off to a good start with potential 3Q2021 awards currently in the $251 million range. Bids on several other projects are slated for opening in September so 3Q2021 bidding sets up for a 2H2021 recovery. Read More >>