19:09:04 EDT Thu 30 Jul 2026
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Stantec Inc
Symbol STN
Shares Issued 112,399,703
Close 2026-07-30 C$ 97.19
Market Cap C$ 10,924,127,135
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Stantec wins $150M (U.S.) coastal resilience contract

2026-07-30 17:09 ET - News Release

Mr. Chris Williams reports

STANTEC JOINT VENTURE SELECTED BY U.S. ARMY CORPS OF ENGINEERS TO ADVANCE COASTAL RESILIENCE ON CHARLESTON'S PENINSULA

Stantec Inc. has been awarded a $150-million (U.S.) joint venture contract by the U.S. Army Corps of Engineers, Charleston District (USACE) to design critical infrastructure supporting coastal storm risk management on the Charleston peninsula -- an important step in safeguarding one of the United States' historic coastal communities.

In partnership with Johnson, Mirmiran and Thompson (JMT), Stantec will deliver a more resilient future for Charleston; protecting its people, while preserving the history and character that define the community. This award highlights Stantec's leadership in coastal resilience and strengthens its position to grow work with USACE and regional partners in major coastal metropolitan markets.

With a total program value of $1.2-billion (U.S.), the team will lead the design of more than eight miles of integrated coastal infrastructure across Charleston's waterfront. The designs will include storm surge barriers, floodwalls and levees, pump stations, and multiple gate structures for pedestrians, as well as vehicle, rail and tidal flow management. Nature-based features, including living shorelines and oyster reefs, are also incorporated to support long-term system performance and environmental function.

Home to more than 40,000 full-time residents and nationally significant historic landmarks, Charleston faces increasing vulnerability from storm surge. The project will place public safety first by designing a multipurpose storm surge defence system that will protect life, infrastructure and the community for generations to come.

Resilience for historic coastal communities

"We're proud to partner with USACE on a project that will help protect Charleston's rich history, vibrant communities and remarkable ecosystems," said Chris Williams, senior vice-president for Stantec's U.S. federal program. "Our water, infrastructure and environmental services teams will combine their expertise to design solutions that strengthen resilience while respecting the region's environmental and cultural fabric."

"The USACE Charleston Coastal Storm risk management project demonstrates what can be achieved when visionary local leadership is paired with federal investment," said Chris Mack, director of Resilience and Coastal Solutions at JMT. "The City of Charleston has spent years advancing resilience and sustainability initiatives across the peninsula, and JMT is proud to support USACE's leadership in delivering this transformative project."

Stantec brings proven experience from multiple major U.S. coastal storm risk management programs, including work across the Gulf and Atlantic coasts. For example, the firm served as the designer of record for three storm drainage pump stations, flood walls, levees and gates for USACE's permanent canal closures and pumps project in New Orleans. Stantec also partnered with the New York City Economic Development Corp. to provide adaptive designs that support flexibility and resiliency to protect the battery's waterfront. In Texas, the firm provided engineering and design services for a 26.7-mile coastal levee and floodwall system near Galveston following Hurricane Harvey.

About Stantec Inc.

Stantec empowers clients, people and communities to rise to the world's greatest challenges at a time when the world faces more unprecedented concerns than ever before.

The company is a global leader in sustainable engineering, architecture and environmental consulting. The company's professionals deliver the expertise, technology and innovation communities need to manage aging infrastructure, demographic and population changes, the energy transition, and more.

Today's communities transcend geographic borders. At Stantec, community means everyone with an interest in the work that the company does -- from its project teams and industry colleagues to its clients and the people its work impacts. The diverse perspectives of the company's partners and interested parties drive the company to think beyond what is previously been done on critical issues like climate change, digital transformation, and future-proofing our cities and infrastructure.

We seek Safe Harbor.

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