Oceanetics Inc.
Annapolis, MD Doing business as Truston Technologies
- UEI
- HH9BC5LMUQ27
- CAGE
- 32ZG0
- Primary NAICS
- 541330 Engineering Services
- SAM.gov registration
- Active through
Company facts
- FY2025 rankings
- SBA certifications
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HUBZone Firm· Current
- Self-certified in SAM.gov
- Entity structure
- Corporate Entity (Not Tax Exempt)
- Other NAICS codes in SAM.gov
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- 314994 Rope, Cordage, Twine, Tire Cord, and Tire Fabric Mills
- 332312 Fabricated Structural Metal Manufacturing
- 332313 Plate Work Manufacturing
- 332322 Sheet Metal Work Manufacturing
- 332420 Metal Tank (Heavy Gauge) Manufacturing
- 332439 Other Metal Container Manufacturing
- 332618 Other Fabricated Wire Product Manufacturing
- 332710 Machine Shops
Show all 23
- 332721 Precision Turned Product Manufacturing
- 332999 All Other Miscellaneous Fabricated Metal Product Manufacturing
- 336611 Ship Building and Repairing
- 339999 All Other Miscellaneous Manufacturing
- 488310 Port and Harbor Operations
- 488991 Packing and Crating
- 541360 Geophysical Surveying and Mapping Services
- 541370 Surveying and Mapping (except Geophysical) Services
- 541611 Administrative Management and General Management Consulting Services
- 541715 Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)
- 541990 All Other Professional, Scientific, and Technical Services
- 561210 Facilities Support Services
- 561621 Security Systems Services (except Locksmiths)
- 561910 Packaging and Labeling Services
- 713930 Marinas
- Corporate family
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- Oceanetics, Inc. · Seaford, VA ZK69GHTNHKP7
- Oceanetics Inc. · Ventura, CA JMG9FNHMM215
- Oceanetics, Inc. · Davy, WV KZGBQ7W1GRC5
- URZ8B6PN4MD7
- RFCCBFDR6YF1
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- SAM.gov registration date
- Physical address
- 111 Annapolis St, Annapolis, MD 21401, USA
- Website
- oceanetics.com
- Employees
- 11-50
- Estimated annual revenue
- $1M-$10M
- Industry
-
- Industrials
- Capital Goods
- Construction & Engineering
- Civil Engineering
- SIC code
- 87 Engineering & Management Services
- Profiles
Registration and certifications come from SAM.gov and the SBA; company details from public web sources. Updated .
Contract obligations by fiscal year
| Fiscal year | Obligated |
|---|---|
| FY2027 To date | $0 |
| FY2026 | $16,979,934 |
| FY2025 | $42,524,241 |
| FY2024 | $74,252,534 |
| FY2023 | $31,941,619 |
Top agencies by obligations
| Rank | Agency | Obligated, FY2026–FY2027 | Share |
|---|---|---|---|
| 1 | Department of the Navy | $16,979,934 |
Contract vehicles
Contract awards
Latest 5 listed here. See the rest on GovTribe.
Contract subawards
| Prime contractor | Prime award | Amount | Awarded |
|---|---|---|---|
| HII Mission Technologies Corp | FA807520F0063 | $57,257 |
Similar vendors
| Vendor | Location | Primary NAICS |
|---|---|---|
| Chris Washburns Boat Yard, Inc. | Solomons, MD | 336611 Ship Building and Repairing |
| Phoenix International Holdings, Inc. | Upper Marlboro, MD | 561990 All Other Support Services |
| Mohawk Northeast Inc. | Southington, CT | 237990 Other Heavy and Civil Engineering Construction |
| The General Ship Repair Corporation | Baltimore, MD | 336611 Ship Building and Repairing |
| JMS Naval Architects LLC | Groton, CT | 541330 Engineering Services |
About the company
Oceanetics Inc., doing business as Truston Technologies, is a veteran-owned, SBA-certified HUBZone and service-disabled veteran-owned small business based in Annapolis, Maryland that manufactures maritime infrastructure equipment and delivers ocean engineering, vessel repair coordination, and logistics support services to Navy and federal civilian agencies as a prime contractor (100% of recent awards). The company operates across the fabricated metal manufacturing, ocean infrastructure, and engineering services sectors (primary NAICS 541330, 332710, 238990) and competes predominantly under full-and-open and total small business set-aside vehicles, with recurring HUBZone and SDVOSB designations anchoring its access to government-wide contract vehicles including OASIS+.
Oceanetics' customer concentration is heavily weighted to Department of the Navy commands. The Naval Sea Systems Command dominates by dollar value (62 awards, $10.39 billion combined potential value), while Naval Facilities Engineering Command leads by award count (146 awards, $2.09 billion combined potential value); together these two customers account for the vast majority of the vendor's federal footprint. The Coast Guard, Department of the Army Corps of Engineers, and Navy Installations Command round out the top tier. This customer concentration reflects Oceanetics' specialization in waterborne security barriers, mooring systems, subsea cable systems, geotechnical surveys, port and harbor infrastructure, and vessel repair—capabilities that map tightly to Navy shore infrastructure and engineering support missions. Recent representative work includes a $55.7 million M/V Petrel vessel repair delivery order under Naval Facilities Engineering Command (awarded August 2024, Tampa, December 2026 completion, with 78.4 FTEs invoiced in FY2025 at a median government-paid rate of $262.48/hr), a $4.925 million MHS system production active array hardware delivery order under Naval Sea Systems Command for the Ocean Engineering Support Services IDIQ (awarded June 2026, total small business set-aside, Port Hueneme, June 2029 completion), and a $3.632 million International Naval Review 250 support services delivery order for Navy Installations Command (awarded September 2025, total small business set-aside, Brooklyn, completion September 2026).
Oceanetics holds a multi-billion-dollar IDIQ portfolio anchored by four major vehicles: a $199 million Naval Sea Systems Command Waterborne Security Barriers Sustainment contract (awarded July 2025, multiple award, five-year base through July 2030) with 40 task orders generating $115.7 million in combined potential value; a $180 million Naval Facilities Engineering Command Ocean Multiple Award Contract for ocean engineering support services (awarded December 2024, multiple award, total small business set-aside, five-year base with six-month optional extension); the $149.99 million NAVFAC single-award OI Support Services 60-month cost-plus-fixed-fee oceanographic infrastructure contract (awarded November 2022, completion November 2027, with 32 task orders under the Ocean Engineering Services 2018-2023 predecessor generating $39 million); and the $90 million U.S. Army Corps of Engineers Metal Fabrication, Refurbishment, and Installation MATOC (awarded August 2022, multiple award, total small business set-aside, through August 2027). Oceanetics also holds government-wide OASIS+ vehicles—the OASIS+ Total Small Business IDIQ (awarded December 2024, placeholder ceiling, through December 2029), OASIS+ HUBZone IDIQ (awarded September 2024, placeholder ceiling, through September 2029), and OASIS+ SDVOSB IDIQ (awarded September 2024, placeholder ceiling, through September 2029)—positioning it to compete across federal agencies for professional services spanning management, technical and engineering, research and development, and logistics.
Activity has remained steady at 11 to 34 awards per year over the past five years, with 2023 reaching peak volume at 34 awards. Nineteen awards with combined potential value of $86.1 million face ultimate completion inside the next twenty-four months, representing both recompete risk for Oceanetics and recompete opportunity for competitors. On Service Contract Inventory reporting, Oceanetics invoiced $20.8 million across 20.3 FTEs in FY2024 and $43.2 million across 78.6 FTEs in FY2025, reflecting significant scaling in the M/V Petrel vessel repair program and other large oceanographic infrastructure efforts. Median government-paid rates on SCI-reportable work run around $332.60/hr, with senior labor pricing through $1,021.83/hr and entry-level work at $176.10/hr. Across SCI-reportable prime contracts, subcontractors perform approximately 43% of contractor hours, indicating a balanced teaming approach in which Oceanetics builds core delivery capability while leveraging specialized subs for subsea, diving, crane barge, fabrication, and technical support requirements. Named subcontractors on recent work include Makai Ocean Engineering Research Inc. (project management, design, recovery and deployment methodology), Northrop Grumman Systems Corporation (administrative and manufacturing support), Parkburn Precision Handling Systems Limited (cable handling systems), Global Diving & Salvage Inc. (dive teams and tug support), and specialized vendors such as Teledyne Instruments, Custom Panel & Controls LLC, Encompass Consultant Group Inc., and Eclipse Group Inc. for vessel charter, electrical systems, survey, and logistics services. Oceanetics operates primarily as a prime contractor and rarely subcontracts to other primes; the vendor's sub-award footprint in the source comprises a single record (HII Mission Technologies Corp prime) rather than a revenue stream, confirming Oceanetics' strategic posture as a standalone prime drawing from its own in-house team and a vetted subcontractor network rather than feeding work to larger integrators.
SBA capabilities narrative
INNOVATION AT ANY DEPTH. Oceanetics delivers unique solutions that serve the breadth of all maritime domains -- from the surface of the ocean, to the depths of the uncharted seafloor. Oceanetics provides turnkey solutions to deliver your unique projects; we specialize in marine requirements, harsh environments, and remote locations. Our specialized services include: Mooring Solutions, Subsea & Seabed Warfare (SSW), Critical Infrastructure Protection (to include Waterside security barriers and harbor security), Renewable Ocean Energy, Engineering & Design, and Custom Fabrication.
Quick answers
Is Oceanetics Inc. registered in SAM.gov?
Yes. Oceanetics Inc.'s SAM.gov registration is active through May 19, 2027.
Which SBA certifications does Oceanetics Inc. hold?
Oceanetics Inc. holds HUBZone Firm certification from the SBA.
Which contract vehicles does Oceanetics Inc. hold?
Oceanetics Inc. holds a place on 14 federal contract vehicles, including Metal Fabrication, Refurbishment, and Installation MATOC, OASIS+ HUBZone Small Business IDIQ and OASIS+ SDVOSB IDIQ.
How much has Oceanetics Inc. received in federal contracts?
Federal contracts obligated $42,524,241 to Oceanetics Inc. in fiscal year 2025 and $165,698,328 in fiscal years 2023 through 2027.
How does Oceanetics Inc. rank among federal contractors?
Oceanetics Inc. ranked #11 in PSC 9640, #16 in PSC N and #20 in NAICS 48831 in FY2025.
What is Oceanetics Inc.'s most recent federal award?
Oceanetics Inc.'s most recent federal contract award is Pacific islands communication enhancement system (pisces) (N3943026F4032), from Naval Facilities Engineering Command (Navy), on July 16, 2026.
On GovTribe
See Oceanetics Inc.'s full federal record
- Federal contract awards
- IDV awards
- Contract vehicles
- Subcontracting relationships
- Funding analysis by agency, NAICS and set-aside
- Similar vendors