WT Business Beat

By Nick Wakeman

Blog archive
Nick Wakeman

Navy turns to deep-sea oil firm for help with tactical data networks

A company better known for its work on deep-sea oil rigs has won a $19.3 million contract to help the Navy develop ways to improve connectivity of tactical data networks.

Under a DARPA broad agency announcement, Oceaneering International of Hanover, Md., will develop and demonstrate new technologies for restoring connectivity using small diameter optical fiber and buoy relay nodes.

The company is best known for its work on subsea oilfields where its products and services including drilling, installation and decommissioning. It also does surface work such as inspections, survey services and video and data solutions.

But as you dig deeper into their website, the company also has this “other markets” section that includes products and services around automated guided vehicle systems, space systems, and naval and marine services.

The company supports naval vessels including submarines, the Future Naval Capability program and other areas.

I reached out to the company for comment but so far I’ve gotten no response.

According to an investor presentation, the company’s advanced technologies business, where most of its Navy work falls, accounted for 14 percent of its $2.3 billion in 2016 revenue. The company doesn’t break out its government revenue in its financial statements. Deltek pegged it at about $86.7 million in fiscal 2016, a drop from $112 million in fiscal 2015.

The DARPA contract runs through Sept. 5, 2018, and it has no options.

Five companies including Oceaneering submitted bids for the work.

Posted by Nick Wakeman on Mar 07, 2017 at 10:09 AM

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here


  • POWER TRAINING: How to engage your customers

    Don't miss our June 7 Washington Technology Power Training session on Mastering Stakeholder Engagement, where you'll learned the critical skills you need to more fully connect with your customers and win more business. Read More


    In our latest Project 38 Podcast, editor Nick Wakeman and senior staff writer Ross Wilkers discuss the major news events so far in 2019 and what major trends are on the horizon. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.