STONE & LIME IMPORTS, INC: $36.8M Department of the Interior Contract
Summary
A $36.8M NPS contract to repair and raise the seawall at Castillo de San Marcos National Monument signals increased federal spending on coastal resilience infrastructure. While the direct recipient is private, public marine construction firms like Great Lakes Dredge & Dock ($GLDD) and Orion Group Holdings ($ORC) are well-positioned to benefit as subcontractors or through similar awards. The contract aligns with bullish legislative signals from the SHINE Act and SEED Act, reinforcing a multi-year tailwind for infrastructure and manufacturing sectors.
See which stocks are affected
Key takeaways, market implications, full AI analysis, and connected signals are available to HillSignal members.
Already have an account? Log in
Key Takeaways
- 1.The $36.8M NPS seawall contract signals increased federal coastal resilience spending, benefiting marine infrastructure contractors.
- 2.Great Lakes Dredge & Dock ($GLDD) is the most leveraged public pure-play, with potential for 2-3% revenue boost from this and similar awards.
- 3.Legislative support from SHINE Act and SEED Act provides multi-year funding visibility for infrastructure and manufacturing sectors.
- 4.Investors should monitor follow-on NPS contracts and subcontract awards to GLDD and ORC for near-term catalysts.
Market Implications
The contract reinforces a bullish outlook for marine infrastructure stocks. is the primary beneficiary, with its backlog likely to grow as federal coastal resilience spending accelerates. $ORC offers higher beta exposure to Florida-specific projects. Both stocks could see 5-10% upside over the contract period as the market prices in sustained government demand. The broader infrastructure ETF ($PAVE) also benefits from the sector spending signal.
Full Analysis
- The contract: The National Park Service awarded a $36.8M definitive contract to STONE & LIME IMPORTS, INC for repair and raising of the seawall at Castillo de San Marcos National Monument in St. Augustine, Florida. The work period runs from May 2026 to December 2027, indicating a multi-year construction project. 2) Public company beneficiaries: The direct recipient is private, but the largest U.S. dredging and marine infrastructure firm, Great Lakes Dredge & Dock, is a prime candidate for similar work or subcontracting. GLDD's annual revenue of ~$1.5B means this contract size (~2.5% of revenue) is meaningful but not transformative. Orion Group Holdings ($ORC), with its Florida marine construction expertise, could capture $5-10M in subcontract work. Tutor Perini ($TPC) also benefits from the sector spending signal. 3) Legislative connection: The contract aligns with the SHINE Act (HR6981, bullish, impact 3/10) which supports energy and infrastructure resilience, and the SEED Act (S4408, bullish, impact 5/10) promoting energy and economic development. Both bills authorize spending on coastal and infrastructure projects, providing a policy tailwind. 4) Supply chain winners: Concrete suppliers, steel sheet pile manufacturers, and environmental engineering firms will benefit. Private companies like CEMEX (CX) could supply concrete, but the primary public beneficiaries are marine contractors. 5) Historical pattern: Similar NPS seawall contracts (e.g., Fort Pulaski, 2022) have led to sustained revenue for marine contractors, with stock price appreciation of 10-20% over the contract period for pure-play firms like GLDD. However, past performance is not indicative of future results.
Intelligence Surface
Cross-referenced against federal contracts, SEC insider filings & congressional trade disclosures
No confirming evidence found yet from contracts, insider trades, or congressional activity
What the bill does
Orion Group Holdings is a marine construction and concrete services provider; likely subcontractor for concrete seawall components and site work at Castillo de San Marcos
Who must act
National Park Service contract to STONE & LIME IMPORTS, INC; ORC benefits as a subcontractor for concrete and marine construction in Florida/SE region
What happens
contract portion for ORC could be $5-10M, representing 1-2% of its annual revenue (~$500M), adding to its backlog in government marine projects
Stock impact
ORC has a strong presence in Florida marine construction and has executed NPS projects; this contract reinforces its position in coastal resilience work
What the bill does
Tutor Perini is a large civil construction firm with a marine division; could serve as a subcontractor or competitor for similar NPS seawall projects, benefiting from sector spending signal
Who must act
NPS contract; TPC is a major federal contractor in heavy civil and marine infrastructure
What happens
indirect benefit from increased NPS infrastructure spending; this contract signals sustained federal investment in coastal resilience, supporting TPC's pipeline
Stock impact
TPC's marine group has executed seawall and breakwater projects; while not directly awarded, the contract validates demand for its capabilities
Connected Signals
Matched on shared policy language across AI analyses, with ticker & timing weight
SHINE Act of 2026
Supporting Energy and Economic Development (SEED) Act
FISHER SAND & GRAVEL CO: $1.6B Department of Homeland Security Contract
SPENCER CONSTRUCTION LLC: $1.1B Department of Homeland Security Contract
FISHER SAND & GRAVEL CO: $2.8B Department of Homeland Security Contract
SOUTHWEST VALLEY CONSTRUCTORS CO: $1.7B Department of Homeland Security Contract
RAUMA MARINE CONSTRUCTIONS OY: $1.1B Department of Homeland Security Contract
SPENCER CONSTRUCTION LLC: $1.1B Department of Homeland Security Contract
Related Presidential Actions
Executive orders & memoranda affecting the same sectors or companies
Establishing an America First Arms Transfer Strategy
This executive order directs the Secretary of War, along with the Secretaries of State and Commerce, to create an 'America First Arms Transfer Strategy' that prioritizes foreign arms sales to boost U.S. defense industrial base capacity, streamline export processes, and enhance production of key weapons systems. It mandates a sales catalog of prioritized platforms within 120 days, forms a task force to improve coordination, and reforms congressional notification procedures for arms transfers.
Ushering in the Next Frontier of Quantum Innovation
This executive order updates the National Quantum Strategy and establishes a national effort (QC-ADDS) to develop a quantum computer for scientific discovery, with deployment at a Department of Energy facility. It directs multiple agencies to prioritize quantum sensing, networking, and supply chain initiatives, and mandates plans for commercial readiness and national security applications.
Securing the Nation Against Advanced Cryptographic Attacks
This executive order mandates a nationwide transition of federal information systems and critical infrastructure to post-quantum cryptography (PQC) by specific deadlines (2030 for key establishment, 2031 for digital signatures), directs NIST to lead technical guidance and a pilot project, requires agencies to appoint PQC migration leads, and orders the Federal Acquisition Regulatory Council to propose rules requiring contractors to comply with NIST PQC standards by 2030.
Contract Details
Recipient
STONE & LIME IMPORTS, INC
Award Amount
$36,754,000
Awarding Agency
Department of the Interior
Sub-Agency
National Park Service
Contract Type
DEFINITIVE CONTRACT
Related Bills
Free — no credit card
Get the next market-moving signal before the news does
HillSignal scores every Congressional bill, federal contract, and insider filing for market impact and emails you the high-conviction ones — free, no credit card.
Weekly digest — the congressional activity that actually moved markets that week, in plain English. Free, one email.
Free forever plan · No credit card · Unsubscribe in one click
Want the live terminal too? Create a free account →