{"id":860245,"date":"2025-06-12T16:33:28","date_gmt":"2025-06-12T20:33:28","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/forum-energy-technologies-to-supply-state-of-the-art-submarine-rescue-system-for-indonesian-navy\/"},"modified":"2025-06-12T16:33:28","modified_gmt":"2025-06-12T20:33:28","slug":"forum-energy-technologies-to-supply-state-of-the-art-submarine-rescue-system-for-indonesian-navy","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/forum-energy-technologies-to-supply-state-of-the-art-submarine-rescue-system-for-indonesian-navy\/","title":{"rendered":"Forum Energy Technologies to Supply State of the Art Submarine Rescue System for Indonesian Navy"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwuline { text-decoration: underline }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Forum Energy Technologies to Supply State of the Art Submarine Rescue System for Indonesian Navy<\/b><\/p>\n<p>HOUSTON, Texas&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nForum Energy Technologies, Inc. (NYSE: FET) announced today that it executed a contract to supply a state-of-the-art submarine rescue vehicle system (\u201cSRV\u201d) for use by the Indonesian Navy. The contract comprises an SRV, a launch and recovery system, and a decompression system.<\/p>\n<p>\nNeal Lux, President and Chief Executive Officer, remarked, \u201cWith 50 years of experience, FET has pioneered the development of manned and unmanned submersibles, and has supplied defense equipment and services to various countries across Europe and Asia. Our cutting-edge technologies remain at the forefront of the subsea sector and the safety systems of choice for military and naval forces around the world. This award also showcases the breadth of our product portfolio and extensive technology capabilities across many differentiated end markets. Building on our successful track record, we are excited to work on this important project.\u201d<\/p>\n<p><i>Product Details:<\/i><\/p>\n<p>\nThe new LR600 model SRV, a piloted rescue submersible, will be capable of operating at depths of up to 605 meters, carrying 20 people, and will be fully integrated with a hyperbaric rescue facility. The SRV will also utilize the latest technologies to locate a distressed submarine and quickly transfer personnel. State of the art sensors and sonar are fully embedded into the FET systems to deliver advanced functionality, including automatic depth, heading, and piloting capabilities. Sea trials are planned for 2028.<\/p>\n<p>\nThe SRV will be built at FET\u2019s Kirkbymoorside, Yorkshire, England facility and the bespoke LARS will be manufactured at FET\u2019s Bryan, Texas facility.<\/p>\n<p><i>FET\u00ae is a global manufacturing company, serving the oil, natural gas, industrial and renewable energy industries. With headquarters located in Houston, Texas, FET provides value added solutions aimed at improving the safety, efficiency, and environmental impact of our customers&#8217; operations. For more information, please visit <span class=\"bwuline\"><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.f-e-t.com&amp;esheet=54273505&amp;newsitemid=20250612366887&amp;lan=en-US&amp;anchor=www.f-e-t.com&amp;index=1&amp;md5=7e4df4ad18bc201b29b94168de2b5e7f\">www.f-e-t.com<\/a><\/span>.<\/i><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250612366887r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250612366887\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250612366887\/en\/<\/a><\/span><\/p>\n<p>\nRob Kukla<br \/>\n<br \/>Director Investor Relations<br \/>\n<br \/>281.994.3763<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Rob.Kukla@f-e-t.com\">Rob.Kukla@f-e-t.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Indonesia United States United Kingdom Southeast Asia North America Asia Pacific Europe Texas<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Contracts Maritime Engineering Transport Oil\/Gas Military Alternative Energy Manufacturing Energy Defense<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250612366887\/en\/2372793\/3\/Picture1.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Forum Energy Technologies to Supply State of the Art Submarine Rescue System for Indonesian Navy HOUSTON, Texas&#8211;(BUSINESS WIRE)&#8211; Forum Energy Technologies, Inc. (NYSE: FET) announced today that it executed a contract to supply a state-of-the-art submarine rescue vehicle system (\u201cSRV\u201d) 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, \u201cWith 50 years of experience, FET has pioneered the development of manned and unmanned submersibles, and has supplied defense equipment and services to various countries across Europe and Asia. Our cutting-edge technologies remain at the forefront of the subsea sector and the safety systems of choice for military and naval forces around &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/forum-energy-technologies-to-supply-state-of-the-art-submarine-rescue-system-for-indonesian-navy\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Forum Energy Technologies to Supply State of the Art Submarine Rescue System for Indonesian Navy&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-860245","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Forum Energy Technologies to Supply State of the Art Submarine Rescue System for Indonesian Navy - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/forum-energy-technologies-to-supply-state-of-the-art-submarine-rescue-system-for-indonesian-navy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Forum Energy Technologies to Supply State of the Art Submarine Rescue System for Indonesian Navy - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Forum Energy Technologies to Supply State of the Art Submarine Rescue System for Indonesian Navy HOUSTON, Texas&#8211;(BUSINESS WIRE)&#8211; Forum Energy Technologies, Inc. (NYSE: FET) announced today that it executed a contract to supply a state-of-the-art submarine rescue vehicle system (\u201cSRV\u201d) 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, \u201cWith 50 years of experience, FET has pioneered the development of manned and unmanned submersibles, and has supplied defense equipment and services to various countries across Europe and Asia. 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