General Oceans ASA Unit Wins Three-year US Navy Contract

05:07 AM EDT, 10/02/2026 (MT Newswires) -- General Oceans ASA's (GENO.OL) MRV Systems secured a three-year indefinite delivery, indefinite quantity contract from the US Navy, according to a Friday release. Under the first task order, the underwater technology group's subsidiary will provide data-encrypted autonomous in-situ subsurface profiling systems to the US Navy. MRV Systems is one of three companies awarded the contract, which carries an upper limit of $51.2 million.