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Oceaneering Teams with Dynetics on Engineering Services Contract Award to Support Development of Human Lunar Landing System for NASA

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Oceaneering International (NYSE:OII) announced a contract with Dynetics, a Leidos subsidiary, to develop critical components for NASA's Artemis Program. The work includes engineering for the Dynetics Human Landing Systems (HLS), integration of NASA's xEMU space suit, and astronaut crew training development. Dynetics is one of three teams selected to design a lunar landing system aimed at returning humans to the moon by 2024. CEO Rod Larson emphasized Oceaneering's expertise in spaceflight systems as a key factor in securing this contract.

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  • Awarded contract by Dynetics to develop components for NASA's Artemis Program.
  • Involvement in the design of the Human Landing System, critical for lunar exploration.
  • Integration of advanced technology such as NASA's xEMU space suit.
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  • None.

HOUSTON, Aug. 25, 2020 /PRNewswire/ -- Oceaneering International, Inc. (NYSE:OII) today announced its Space Systems business has been contracted by Dynetics, Inc. (Dynetics), a wholly owned subsidiary of Leidos, to develop mission-critical components for Dynetics' submission to National Aeronautics and Space Administration's (NASA) Human Landing Systems (HLS) for the Artemis Program.

Oceaneering's scope of work involves crew systems engineering to support the internal layout of the Dynetics HLS crew module, including the integration of NASA's new space suit, the Exploration Extravehicular Mobility Unit (xEMU), and associated xEMU support systems.  The scope also involves providing preliminary designs for selected crew-accommodations hardware, life-support hardware, and thermal protection systems, as well as leading the Dynetics HLS astronaut crew training-plan development.

Dynetics was named as one of three teams selected to design and compete in building a human lunar landing system to take the first woman and next man to the lunar surface by 2024. 

Rod Larson, Chief Executive Officer of Oceaneering, said, "We appreciate Dynetics' trust in our ability to provide them with innovative solutions for the Dynetics Human Landing System. This award leverages Oceaneering's extensive and dependable experience in providing human spaceflight systems and tools to support NASA's and Dynetics' ambitious plans."

Oceaneering is a global provider of engineered services and products, primarily to the offshore energy industry.  Through the use of its applied technology expertise, Oceaneering also serves the defense, aerospace, and entertainment industries. 

For more information on Oceaneering, please visit www.oceaneering.com.

Contact:
Mark Peterson
Vice President, Corporate Development and Investor Relations
Oceaneering International, Inc.
713-329-4507
investorrelations@oceaneering.com

Cision View original content:http://www.prnewswire.com/news-releases/oceaneering-teams-with-dynetics-on-engineering-services-contract-award-to-support-development-of-human-lunar-landing-system-for-nasa-301118190.html

SOURCE Oceaneering International, Inc.

FAQ

What is Oceaneering International's recent contract with Dynetics about?

Oceaneering International has been contracted by Dynetics to develop mission-critical components for NASA's Artemis Program, specifically for the Human Landing Systems.

How does Oceaneering's contract impact its business?

The contract enhances Oceaneering's position in the aerospace sector and confirms its capabilities in providing engineering services for space missions.

What specific role will Oceaneering play in the Artemis Program?

Oceaneering will support crew systems engineering, integrate NASA's xEMU space suit, and develop astronaut training plans for the Dynetics HLS.

When is the planned lunar landing target by NASA?

The lunar landing, aimed to return humans to the moon, is targeted for 2024.

What is the significance of the Dynetics HLS contract for Oceaneering?

The contract represents a significant opportunity for Oceaneering to leverage its expertise in human spaceflight systems and contribute to historic lunar missions.

Oceaneering International Inc.

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