Forum energy technologies to supply state of the art submarine rescue system for indonesian navy

Houston, texas--(business wire)--forum energy technologies, inc. (nyse: fet) announced today that it executed a contract to supply a state-of-the-art submarine rescue vehicle system (“srv”) for use by the indonesian navy. the contract comprises an srv, a launch and recovery system, and a decompression system. neal lux, president and chief executive officer, remarked, “with 50 years of experience, fet has pioneered the development of manned and unmanned submersibles, and has supplied defense equ.
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