Great Lakes Dredge & Dock Corp - Company Profile
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Great Lakes Dredge & Dock Corp (GLDD) is a dredging contracting company. Fleet capacity, project portfolio, and order backlog are the company’s key strengths, even as overdependence on the United States could be a cause for concern. Substantial need for coastal protection, growing demand for energy transportation and new contract wins 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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