Great Lakes Dredge & Dock Corp - Company Profile
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Great Lakes Dredge & Dock Corp (GLDD) is a provider of dredging services. Operational performance, project portfolio, and fleet diversity and capacity are the company’s key strengths, even as dependence on government contracts could be a cause for concern. Positive outlook for infrastructure construction industry in US, fleet modernization opportunity, and offshore expansion could provide growth opportunities to the company. However, competitive market, stringent regulations, government contract compliance, and increasing manpower costs in US could affect the company’s operations.
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