NYSE:OIIEnergy Services
The Bull Case For Oceaneering International (OII) Could Change Following Major US Navy Contract Win – Learn Why
Oceaneering International announced that its Marine Services Division was awarded an indefinite-delivery/indefinite-quantity contract by the Naval Supply Systems Command Weapon Systems Support, worth up to US$86 million over two years with three additional option years, to repair valves and actuators for U.S. Navy Virginia-class and Los Angeles-class submarines.
This contract highlights Oceaneering’s expanding role in U.S. defense logistics, adding multi-year revenue visibility outside of...