Dragados/Hawaiian Dredging/Orion JV, Honolulu, Hawaii, is awarded a $2,839,880,250 firm-fixed-price task order (N62742-23-F-4007) under previously awarded multiple award construction contract N62742-22-D-1311 for the construction of a concrete dry dock at Pearl Harbor Naval Shipyard.  Work will be performed in Hawaii and is expected to be completed by September 2027.  This contract is part of the Shipyard Infrastructure Optimization Program, a holistic plan that integrates all infrastructure and industrial plant equipment investments at the Navy’s four public shipyards to meet nuclear fleet maintenance requirements.  The contract is incrementally funded with $463,000,000 being allocated at the time of award.  Subsequent contractual increments will be funded yearly from fiscal 2024 through fiscal 2026 in the amounts of: $1,267,000,000; $613,000,000; and $496,880,250. The contract also contains three unexercised options, which if exercised, would increase cumulative contract value to $3,417,092,900.  Fiscal 2023 military construction (Navy) funds in the amount of $463,000,000 will be obligated at time of award and will not expire at the end of the current fiscal year.  Four proposals were received for this task order.  The Naval Facilities Engineering Systems Command, Pacific, Joint Base Pearl Harbor-Hickam, Hawaii, is the contracting activity.