Oceaneering Announces U.S. Navy Dry Deck Shelter Award
Oceaneering announced that its ADTech division received a follow-on five-year contract from the U.S. Navy for a Dry Deck Shelter, covering one base year and four option years, with a potential value of $154 million.
Why it matters — This multi-year defense contract represents a significant, recurring revenue opportunity for Oceaneering and reinforces its ongoing relationship with the U.S. Navy.