The United States dredging industry stands as one of the most competitive, efficient, and strategically vital sectors of the maritime economy. As part of the Jones Act fleet—the original Build America, Buy
The United States dredging industry stands as one of the most competitive, efficient, and strategically vital sectors of the maritime economy. As part of the Jones Act fleet—the original Build America, Buy America industry — it not only strengthens our ports and waterways but also anchors thousands of middle-class jobs, spurs shipbuilding across the Gulf and East Coasts, and delivers exceptional value for taxpayers.
The last several years have ushered in a quiet renaissance. Dredging firms large and small are modernizing their fleets, expanding capacity, and deepening critical U.S. channels faster than ever before. This work underpins both national commerce and maritime security, ensuring that U.S. vessels, U.S. workers, and U.S. shipyards remain at the center of our nation’s infrastructure future.
A Competitive Industry
According to the 2024 U.S. Dredge Report, 56 companies were awarded U.S. Army Corps of Engineers dredging contracts, 20 large businesses and 36 small businesses. This underscores the industry’s strong presence both in capability and competition. The report, authored by Michael Gerhardt, analyzed 136 projects and compared winning bids to government estimates and the Government Estimated Awardable Range (GEAR). The findings were remarkable:
- 88 bids came in below the government estimate
- 123 projects (90%) were awarded below
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