Oceaneering (OII) announces DoD contract

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Oceaneering Announces Department of Defense Contract Award

March 12, 2025 6:00 PM EDT

HOUSTON--(BUSINESS WIRE)-- Oceaneering International, Inc. (Oceaneering) (NYSE: OII) announced that its Aerospace and Defense Technologies (ADTech) segment has been down-selected from multiple teams and awarded a multi-year contract by the U.S. Department of Defense to design, build, test, and deliver a maritime mobility system.

Rod Larson, Oceaneerings President and Chief Executive Officer, stated: We are pleased to have secured this contract with the Department of Defense which, at the time of award, is the largest... More