$15.5M Contract Option Exercised for Continued Navy Transfer Under Pressure Capability

Oceaneering International Inc., Hanover, Maryland, is awarded a $15,536,422 cost-plus-fixed-fee modification to previously awarded contract (N00024-24-C-430)1 to exercise options for continued support of the Navy’s Transfer Under Pressure capability and modernization, including Surveillance Towed Array Sensor System Expeditionary support. Work will be performed in Hanover, Maryland (70%); San Diego, California (15%); and Norfolk, Virginia (15%), and is expected to be completed by June 2026. Fiscal 2025 operations and maintenance (Navy) funds in the amount of $890,359 (96%); fiscal 2025 research development test and evaluation (Navy) funds in the amount of $32,090 (3%); and fiscal 2024 other procurement (Navy) funds in the amount of $1,412 (1%), will be obligated at time of award, and funds in the amount of $890,359 will expire at the end of the current fiscal year. Naval Sea Systems Command, Washington, D.C., is the contracting activity.