Shuttle Veteran Bloomfield Joins Oceaneering

OCEANEERING PRESS RELEASE

Oceaneering International, Inc. (NYSE:OII) announced that ex-astronaut Michael J. (“Mike”) Bloomfield has joined Oceaneering as its Vice President and General Manager of Oceaneering Space Systems.

Mr. Bloomfield is a veteran Astronaut of three Space Shuttle flights.  Selected as a NASA Astronaut in 1994, Mike served as Pilot on STS-86 and STS-jj97 and as Commander of STS-110.  While at NASA he also held important positions with the Astronaut Office including Chief of Safety and Chief Instructor Astronaut. Additionally, Mr. Bloomfield was Director of Shuttle Operations and Chief of the Shuttle Branch. He also served as Deputy Director of the Flight Crew Operations Directorate (FCOD) before leaving NASA in 2007 to join ATK as Vice President for Houston Operations.  In his new role at Oceaneering, Mr. Bloomfield will lead Oceaneering’s Space System Division, where he has responsibility for all aspects of the business.

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New NASA Spacesuit Endangered by Budget?

lunarsuit2During a Bay Area Houston Economic Partnership round table on Saturday, Oceaneering vice president Mark Gittleman said he is concerned about whether the Obama Administration is providing enough funding to allow his company to build NASA’s new spacesuit. Former NASA Administrator Mike Griffin shared the concern:

Griffin said Gittleman’s concerns are well placed in light of the proposed $3 billion-plus cut in the budget for the manned space program.

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NASA Awards Contract for Lunar Spacesuit

NASA PRESS RELEASE

NASA has awarded an interim letter contract to Oceaneering International Inc. of Houston to begin work on the design, development and production of a new spacesuit system for the Constellation Program. The system will protect astronauts during voyages to the International Space Station and exploration of the moon’s surface.

The letter contract requires Oceaneering International to begin work on the basic period of performance while NASA and the company negotiate the contract’s final terms. The current award amount for the performance of the letter contract is limited to $9.6 million. It will become effective March 2 and be in effect until the full contract is defined, no later than Aug. 29, 2009.

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