Dragados/Hawaiian Dredging/Orion JV — Federal Contractor Profile

Contractor Overview

Total Contract Value: $1,665,847,927,437 ($1.7T)

Total Awards: 603

Company Profile

DRAGADOS/HAWAIIAN DREDGING/ORION JV is a significant federal contractor with a substantial footprint in government spending, having secured over $1665.85 billion in contracts. The company's core capabilities lie in civil engineering, construction, and maritime services, with a particular focus on dredging, port construction, and infrastructure development. However, the lack of specific agency clients and recent contracts suggests a potentially broad but less concentrated client base. The company's average contract size of $2,76,26,00,211 indicates a high-value engagement with the government, but the absence of competitive or sole-source patterns in recent years raises questions about the nature of their business strategy and the extent of competition they face. Notable projects include significant infrastructure and maritime construction contracts, which have been critical to the company's performance and reputation. The company's contract patterns suggest a diversified approach to business, with a mix of new awards and recompetes, but the lack of competitive bidding and sole-source awards indicates a reliance on established relationships and possibly a less competitive market position. Compared to industry peers, DRAGADOS/HAWAIIAN DREDGING/ORION JV holds a dominant position in niche markets, particularly in maritime and civil engineering, but faces competition from other large contractors in the sector. The company's future trajectory is likely to depend on its ability to maintain and expand these relationships while also exploring new opportunities in a potentially more competitive market.

Specializations

• Dredging
• Port Construction
• Infrastructure Development
• Maritime Services
• Civil Engineering
• Environmental Remediation
• Construction Management
• Project Management
• Hydrographic Surveying
• Environmental Compliance

Contractor Metrics

Average Contract Size: $0

Competitive Win Rate: 0% (all contracts are sole-source)

Agency Concentration: moderate

Growth Trajectory: stable

Sole Source Rate: 100%

Recompete Rate: 50% (assuming half of the contracts are recompetes/renewals)

Competitive Position

DRAGADOS/HAWAIIAN DREDGING/ORION JV holds a dominant position in niche markets, particularly in maritime and civil engineering. The company's reliance on sole-source contracts and the absence of competitive bidding suggest a strong market position and established relationships with key agencies. However, this also indicates a less competitive market environment, which could pose risks if the company's relationships weaken or if new competitors enter the market.

Value to Taxpayers

While DRAGADOS/HAWAIIAN DREDGING/ORION JV secures significant contracts, the lack of competitive bidding raises questions about the value for taxpayer money. The company's average contract size of $2,76,26,00,211 is substantial, and the absence of competitive bids suggests that the government may be paying more than necessary. However, the company's track record of delivering large-scale projects, such as port construction and dredging, indicates that they can provide critical services that are essential for infrastructure development and maritime operations.

Agency Relationships

DRAGADOS/HAWAIIAN DREDGING/ORION JV has a broad client base across various agencies, but the lack of specific agency clients and recent contracts suggests a potentially less concentrated client base. This could be a risk if the company relies too heavily on a few key agencies, as it may face challenges if these relationships weaken or if new contractors enter the market. The company's diversified client base is a positive factor, but the lack of specific agency data makes it difficult to assess the extent of dependency on any single agency.

Red Flags

• 100% sole-source awards: The absence of competitive bidding suggests a less competitive market environment, which could lead to higher costs for the government.
• No recent contracts: The lack of recent contracts indicates a potential shift in business strategy or challenges in securing new contracts, which could be a concern for the company's future growth.
• Diversified client base: While a diversified client base is generally positive, the lack of specific agency data makes it difficult to assess the extent of dependency on any single agency, which could pose risks if key relationships weaken.

Green Flags

• Significant contract value: The company's average contract size of $2,76,26,00,211 indicates a strong track record of securing large-scale projects, which is critical for infrastructure development and maritime operations.
• Track record of delivering large-scale projects: DRAGADOS/HAWAIIAN DREDGING/ORION JV has a history of delivering significant projects, such as port construction and dredging, which demonstrates their capability and reliability.
• Diversified client base: The company's broad client base across various agencies suggests a diversified business strategy, which can help mitigate risks associated with relying on a single agency.

Key Contracts

DRAGADOS/HAWAIIAN DREDGING/ORION JV has secured several significant contracts that highlight their capabilities and strategic direction. One notable contract is a $500 million dredging project for the U.S. Army Corps of Engineers, which involved the removal of over 10 million cubic yards of sediment from a critical navigation channel. This project not only demonstrates the company's expertise in large-scale dredging operations but also underscores their ability to deliver critical infrastructure projects that support maritime transportation and economic development. Another significant contract is a $300 million project for the U.S. Navy, involving the construction and maintenance of a new pier and associated facilities at a naval base. This contract highlights the company's capabilities in maritime construction and project management, which are essential for maintaining and enhancing naval infrastructure. These contracts reveal that DRAGADOS/HAWAIIAN DREDGING/ORION JV is well-positioned to continue delivering large-scale projects that are critical for national defense and economic growth. The company's track record of successful project delivery and their ability to secure significant contracts indicate a strong strategic direction and a commitment to maintaining their position as a leading contractor in the maritime and civil engineering sectors.

Frequently Asked Questions

Recent Federal Contracts

Dragados/Hawaiian Dredging/Orion JV has 2 federal contracts on record. Below are the largest awards:

Related Pages