Oceaneering Announces U.S. Navy Dry Deck Shelter Award
Key Highlights
- ➤$154 million potential value for five-year U.S. Navy Dry Deck Shelter contract
- ➤Oceaneering (OII) wins follow-on contract for maintenance, overhaul, engineering, field changes
Expert Statements
David Pest, Vice President and General Manager, ADTech Marine Services Division at Oceaneering
“MSD has supported the Navy’s Dry Deck Shelter program since 2002. Built on disciplined execution and technical excellence, MSD’s commitment to Dry Deck Shelter safety and reliability is unwavering. These mission‑sensitive operations run on tight schedules and demand a specialized, highly proficient workforce trusted by the operators. I’m exceedingly proud of our team.”
Bill Merz, Senior Vice President, ADTech segment at Oceaneering
“We are proud to continue our long-standing support of the undersea enterprise and special operations community. This award reflects the Navy’s confidence in Oceaneering and the strength of MSD in growing our nation’s undersea advantage.”
Oceaneering International, Inc. (“Oceaneering”) (NYSE:OII) announced today that its Aerospace and Defense Technologies (“ADTech”) segment has been awarded a follow-on U.S. Navy contract to provide Dry Deck Shelter maintenance, overhaul, engineering, and field change services. This five-year contract, consisting of one base year and four option years, has a potential value of $154 million and supports the safe and reliable deployment of special operations forces and undersea vehicles.
David Pest, Vice President and General Manager of Oceaneering’s ADTech Marine Services Division (“MSD”), stated: “MSD has supported the Navy’s Dry Deck Shelter program since 2002. Built on disciplined execution and technical excellence, MSD’s commitment to Dry Deck Shelter safety and reliability is unwavering. These mission‑sensitive operations run on tight schedules and demand a specialized, highly proficient workforce trusted by the operators. I’m exceedingly proud of our team.”
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