Oceaneering International Inc. Secures Substantial Navy Contract

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Oceaneering International Inc. Lands $33 Million Navy Contract

Oceaneering International Inc., headquartered in Chesapeake, Virginia, has successfully secured a noteworthy contract valued at $33,134,365. This firm-fixed-price, indefinite-delivery/indefinite-quantity contract, designated as N64498-25-D-4007, encompasses the provision of essential components for Virginia-class submarines. These components include sail rail systems, cargo tube loading platforms, and specialized ladder kits for ordnance canisters, all accompanied by shipping crates.

The work will be conducted in Chesapeake, Virginia, with an expected completion date set for June 2030. At the time of the contract award, an initial amount of $2,085,151 was allocated from fiscal year 2025’s other procurement (Navy) funds. Notably, these funds are structured to remain valid beyond the current fiscal year’s conclusion.

This contract was awarded through a competitive procurement process conducted via the System for Award Management (SAM) website, with Oceaneering International Inc. emerging as the winner among four competing bidders.

Oversight for this significant contract is being managed by the Naval Surface Warfare Center, Philadelphia Division, located in Philadelphia, Pennsylvania.