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Oceaneering Wins Navy Contract

Maritime Activity Reports, Inc.

September 19, 2005

Oceaneering International, Inc., Hanover, Md., is being awarded a ceiling $45,000,000 indefinite-delivery/indefinite-quantity contract for the technology development, system development and demonstration phases for the High Capacity Alongside Sea Base Sustainment Large Vessel Interface Lift On/Off HiCass LVI Lo/Lo). Work will be performed in Hanover, Md., and is expected to be completed in September 2010. Contract funds will not expire at the end of the current fiscal year. The contract was competitively procured under an Office of Naval Research Request for Proposal (RFP Number N00014-05-R-0009). The Office of Naval Research, Arlington, Va., is the contracting activity (N00014-05-D-0521).

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