Definitive Contract N0002420C4315

This is a $138,705,732.00 definitive cost-plus-fixed-fee contract awarded by the Naval Sea Systems Command (NAVSEA) to Oceaneering International Inc. for submarine rescue operations and maintenance. The contract has a period of performance through September 2025 and does not utilize any set-aside designations. As the prime contractor, Oceaneering International's Otech Division provides a range of maritime services, unmanned systems, and engineering solutions to support the Navy's submarine rescue capabilities. Major subcontractors include firms such as Phoenix International Holdings, Inc., Remote Ocean Systems, Inc., and Paradigm Parachute And Defense Inc., who supply specialized equipment, components, and services for this effort. This contract represents a significant long-term partnership between Oceaneering and NAVSEA to maintain and enhance the Navy's subsea rescue operations.