Oceaneering International’s Aerospace and Defense Technologies (ADTech) division has received a contract from the Naval Sea Systems Command (NAVSEA) for the operation and maintenance of the US Navy’s submarine rescue systems.

The contract has a potential value of $119m and is valid for one year. It also has four one-year extension options.

Oceaneering will collaborate with the Undersea Rescue Command, which is based at Naval Air Station North Island in San Diego, California, for the maintenance, certification and operation of the submarine rescue systems and related equipment.

Oceaneering ADTech segment senior vice-president Philip Beierl said: “We are excited about this opportunity to leverage our many years of experience in submarine rescue, submarine maintenance, and offshore subsea operations, to help ensure the US Navy has a safe, robust, and ready submarine rescue capability.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

“Oceaneering’s highest commitments are to safety and quality, and we look forward to working closely with other US Navy stakeholders and contributing to the international submarine rescue community.”

Oceaneering has worked with the US Navy for its Submarine Rescue programme for over 20 years and provides engineering efforts and capability enhancements.

Oceaneering CEO and president Rod Larson added: “It is a privilege to continue providing the US Navy with exemplary solutions.

“This award is the latest example of how we continue to provide our non-energy customers with superior service and technologies while growing this promising segment of our business.”