SMIT Singapore Awarded $180 Million Contract for Salvage and Towing Services in Western Pacific
United States, July 2 -- SMIT Singapore Pte Ltd., Singapore, is awarded a $180,000,000 cost-plus-award-fee, cost-plus-fixed-fee, indefinite-delivery/indefinite-quantity contract for salvage-related towing, harbor clearance, ocean engineering projects, and point-to-point towing services.Work will be performed in the Western Pacific region and is expected to be completed by July 2031. Fiscal 2026 operations and maintenance (Navy) funds in the amount of $5,000 will be obligated at time of award, of which $5,000 will expire at the end of the current fiscal year.This contract was competitively procured via the System for Award Management website, with five offers received. Naval Sea Systems Command, Washington, D.C., is the contracting activity ...
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