Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced today that its Aerospace and Defense Technologies ("ADTech") segment has been awarded a follow-on U.S. Navy contract to provide Dry Deck Shelter maintenance, overhaul, engineering, and field change services. This five-year contract, consisting of one base year and four option years, has a potential value of $154 million and supports the safe and reliable deployment of special operations forces and undersea vehicles.

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