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Oceaneering Announces U.S. Navy Dry Deck Shelter Award

Source: businesswire.com

Infrastructure & DefenseCorporate Guidance & Outlook
Oceaneering Announces U.S. Navy Dry Deck Shelter Award

Oceaneering announced that its ADTech unit received a follow-on U.S. Navy Dry Deck Shelter contract with a five-year structure, comprising one base year and four option years. The contract carries potential value of up to $154 million, providing a positive visibility boost for Oceaneering's defense-related revenue backlog.

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