# M&I Electric awarded $5M project for dredge vessel power and control system

M&I Electric, a business of American Electric Technologies, was awarded a $5 million project to supply a complete power and control system for a new dredge vessel for a leading US Gulf Coast dredging company.

- Type: Contract
- Announced: 2018-05-16
- Where: United States
- Value: $5.00M
- Status: announced
- Products: power and control system for dredge vessel
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [American Electric Technologies](https://endata.com/companies/1777.md)
- [American Electric Technologies](https://endata.com/companies/1777.md) (partner)
- [M&I Electric](https://endata.com/companies/1778.md) (supplier)

## Sources

- [markets.businessinsider.com](https://markets.businessinsider.com/news/stocks/m-i-electric-announces-5m-dredge-vessel-power-and-control-system-project-award-1024695943), 2018-05-16: "M&I Electric business has been awarded a $5M project award for a complete power and control system for a new dredge vessel for a leading US Gulf Coast dredging company."
- [dredgewire.com](https://dredgewire.com/mi-electric-announces-5m-dredge-vessel-power-and-control-system-project-award/), 2018-05-17: "M&I Electric has been awarded a $5M project award for a complete power and control system for a new dredge vessel for a leading US Gulf Coast dredging company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.