Page 24 - 2022 Shareholders Report

DELIVERY GROUPS

A SELECTION OF 2022 FEDERAL CLIENTS

NAVFAC SOUTHWEST | P-918 SPECIAL OPERATIONS
FORCES CLOSE COMBAT FACILITY
NAVAL BASE CORONADO, CALIFORNIA

NAVFAC MID-ATLANTIC | P-947 WELDING
AND REPAIR SHOP FACILITY
ALBANY, GEORGIA

SUCCESSES
The division thrived during the execution and Jacksonville Hangar 101 project and the U.S. Coast
completion of several projects in 2022. By the Guard (USCG) Fort Macon project. With a final
end of the year, three projects were completed, revenue of $66 million, the goal of $59.7 million was
while three more were over 96% completed. surpassed by $6.3 million. The increase in revenue
Those projects alone generated over $31 million was achieved despite the ongoing pandemic
in revenue and $5.2 million in job profits. All challenges and material lead-time issues plaguing
six projects are receiving high praise from our the construction industry. The overall contribution
clients, which is indicated by our exceptional reached $22,000, exceeding the goal of $7,000.
and very good Contractor Performance Three projects, Marine Mart School of Infantry
Assessment Reporting System (CPARS) ratings.
(SOI), NAS Jax Hangar 101 and U.S. Marine
We exceeded our financial goals for 2022. We Corps (USMC) P-947 Welding and Body Shop
achieved sales of $49.3 million against a budget of Facility, will be completed early in 2023.
$44 million. Sales included a single project award for During the fiscal year of 2022, these projects
the Tyndall Air Force Base (AFB) Zone 2 Operations collectively generated over $35 million in
Support Squadron (OSS) as well as multiple change revenue and $4.8 million in profit. Customer
orders, primarily from the Naval Air Station (NAS) satisfaction at all three projects remains high.

22 Haskell ◆ 2022 Annual Report to Shareholders
UNITED STATES COAST GUARD
FORT MACON HURRICANE REBUILD
ATLANTIC BEACH, NORTH CAROLINA