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Oceaneering (OII) Seals a Deal From Dynetics to Aid NASA's HLS
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Oceaneering International, Inc. (OII - Free Report) recently clinched an engineering services contract award from Leidos (LDOS - Free Report) subsidiary Dynetics Inc. to help develop NASA's Human Lunar Landing System (HLS). This contract win enhances Oceaneering's capability in providing human spaceflight systems and tools to support NASA and Dynetics' joint plans.
Aerospace and defence technologies manufacturer Dynetics was selected by NASA in April along with Blue Origin and SpaceX to participate in a competition of designing and constructing a human lunar landing system, which will be responsible for taking the first woman and the next man to the Moon by 2024.
Per the deal, Oceaneering will provide crew systems engineering to back the internal layout of the Dynetics HLS crew module. The module comprises the consolidated Nasa’s new spacesuit along with the Exploration Extravehicular Mobility Unit (xEMU) and the related xEMU support systems.
Further, the company will deliver preliminary designs for chosen crew-accommodations hardware, life-support hardware and thermal protection systems besides managing the Dynetics HLS astronaut crew training-plan development.
Oceaneering is one of the leading suppliers of offshore equipment and technology solutions to the energy industry. Headquartered in Houston, TX, the company provides specialized products and services for all phases of the offshore oilfield lifecycle, right from exploration to decommissioning with a focus on deep water. Equipped with applied technology skills, Oceaneering also supports the defense, aerospace and entertainment industries.
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
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Oceaneering (OII) Seals a Deal From Dynetics to Aid NASA's HLS
Oceaneering International, Inc. (OII - Free Report) recently clinched an engineering services contract award from Leidos (LDOS - Free Report) subsidiary Dynetics Inc. to help develop NASA's Human Lunar Landing System (HLS). This contract win enhances Oceaneering's capability in providing human spaceflight systems and tools to support NASA and Dynetics' joint plans.
Aerospace and defence technologies manufacturer Dynetics was selected by NASA in April along with Blue Origin and SpaceX to participate in a competition of designing and constructing a human lunar landing system, which will be responsible for taking the first woman and the next man to the Moon by 2024.
Per the deal, Oceaneering will provide crew systems engineering to back the internal layout of the Dynetics HLS crew module. The module comprises the consolidated Nasa’s new spacesuit along with the Exploration Extravehicular Mobility Unit (xEMU) and the related xEMU support systems.
Further, the company will deliver preliminary designs for chosen crew-accommodations hardware, life-support hardware and thermal protection systems besides managing the Dynetics HLS astronaut crew training-plan development.
Oceaneering International, Inc. Price
Oceaneering International, Inc. price | Oceaneering International, Inc. Quote
Company Profile
Oceaneering is one of the leading suppliers of offshore equipment and technology solutions to the energy industry. Headquartered in Houston, TX, the company provides specialized products and services for all phases of the offshore oilfield lifecycle, right from exploration to decommissioning with a focus on deep water. Equipped with applied technology skills, Oceaneering also supports the defense, aerospace and entertainment industries.
Zacks Rank & Key Picks
Oceaneering currently carries a Zacks Rank #3 (Hold). Some better-ranked players in the energy space are Murphy USA Inc. (MUSA - Free Report) and SilverBow Resources Inc. (SBOW - Free Report) , each presently sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
These Stocks Are Poised to Soar Past the Pandemic
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
See the 5 high-tech stocks now>>