NAVFAC EXWC Awards $20 Million Contract Modification to Oceanetics for Navy Projects
NAVFAC EXWC has awarded Oceanetics Inc. a $20 million contract modification to support U.S. Navy ocean infrastructure projects, raising the total contract value to nearly $150 million. The modification, expected to be completed by May 2028, will facilitate 20 critical projects valued at $49 million, essential for enhancing the Navy's strategic capabilities, particularly in the Pacific. Funding for these initiatives will be sourced from various Navy allocations.
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NAVFAC EXWC awarded Oceanetics Inc. a $20 million modification to support U.S. Navy ocean infrastructure projects. The contract modification is expected to be completed by May 2028 and increases the total contract value to $149,989,368.
This action ensures the continuation of 20 critical projects planned for Fiscal Year 2026, valued at $49 million, which are essential for the Navy's strategic capabilities, particularly in the Pacific. Funding will come from various Navy sources.
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