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Shaw Awarded Inner Harbor Navigation Canal Hurricane Protection Project.

Publication: Business Wire
Publication Date: 04-APR-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Largest Design-Build Civil Works Project in Corps History

BATON ROUGE, La. -- The Shaw Group Inc. (NYSE:SGR) announced today that its Environmental & Infrastructure Group has been awarded a design-build contract by the U.S. Army Corps of Engineers Hurricane Protection Office for the design and construction of the Inner Harbor Navigation Canal Hurricane Protection project located at Lake Borgne in Louisiana, adjacent to the confluence of the Mississippi River Gulf Outlet and the Gulf Intracoastal Waterway. The value of Shaw's contract approximates $700 million and will be included in the company's third quarter fiscal 2008 backlog.

J.M. Bernhard Jr., chairman, president and chief executive officer...

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